08/27/91 Board of Public Works Minutes

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M� REGULAR MEETING AUGUST 27, 1991 1. That the sublease of the following described real property by the South Bend Redevelopment Commission to the City of South Bend, acting by and through its Board of Public Works: A parcel of land in the West Half (1/2) of the Southeast Quarter of Section Twelve (12), Township Thirty-seven (37) North, Range Two (2) East, City of South Bend, Portage Township, St. Joseph County, Indiana, being part of Lots Numbered Fourteen (14) and Twenty-one (21) of John Rush's 1st Addition, as recorded in Plat Book 2, Page 53, at the St. Joseph County Recorder's Office in South Bend, Indiana, and described as follows: Commencing at the Northwest corner of Lot 11, also being the intersection of the East right-of-way line of Rush Street and the South right-of-way of a 12.50 foot alley; thence North 89041140" East (bearing assumed), 165.00 feet along said South right-of-way line to the Point of Beginning; thence continuing North 89041140" East, 82.06 feet along said South right-of-way line to the Southwest right-of-way line of Lincoln Way; thence South 37021'40" East, 56.16 feet along said Southwest right-of-way line; thence South 71041140" West, 31.43 feet; thence South S9041140" West, 86.28 feet; thence North 00001'54" West, 54.53 feet to the South right-of-way line of a 12.50 foot alley and the point of beginning. Commonly known as 620-622 Lincolnway East (the "Real Property"); and under terms and conditions that are substantially similar to those embodied in the Lease, shall be, and hereby is, approved, subject to the approval of the South Bend Redevelopment Authority. 2. That the sub -lease, a true and complete copy of which is attached hereto, and containing terms and conditions which are substantially similar to those embodied in the Lease, with the exception that the rent paid by the City to the Commission shall be nominal in amount, shall be, and hereby is approved and ordered executed. 3. That this Resolution shall be in full force and effect upon its adoption. ADOPTED this 27th day of August, 1991. CITY OF SOUTH BEND BOARD OF PUBLIC WORKS s/John E. Leszczynski s/Patricia E. DeClercq RESOLUTION NO. 38-1991 A RESOLUTION OF THE BOARD OF PUBLIC WORKS OF THE CITY OF SOUTH BEND, INDIANA, APPROVING A SUBLEASE OF REAL PROPERTY FROM THE SOUTH BEND REDEVELOPMENT COMMISSION WHEREAS, the South Bend Redevelopment Commission is lessee of the following described real property owned by the South Bend Redevelopment Authority (the "Authority") under the Lease -Purchase Agreement dated as of November 1, 1989, and approved and modified on the 16th day of February, 1990, (the "Lease"): A parcel of land in the West Half (1/2) of the