08/27/91 Board of Public Works Minutes

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REGULAR MEETING AUGUST 27, 1991 attached hereto, and containing substantially similar to those exception that the rent paid by be nominal in amount, shall be, ordered executed. terms and conditions which are embodied in the Lease, with the the City to the Commission shall and hereby is approved and 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. 36-1991 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 Southeast Quarter (1/4) 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 Nineteen (19) and Twenty (20) of John Rush's 1st Addition, as recorded in Book 2, Page 53, at the St. Joseph County Recorder's Office in South Bend, Indiana, and described as follows: Commencing at the Southwest corner of Lot 18, also being the East right-of-way line of Rush Street, and the North right-of-way line of a 12.50 foot alley; thence North 89041140" East 100.00 feet along said North right-of-way line to the point of beginning; thence North 00001154" West, 40.00 feet; thence North 89041140" East, 110.11 feet to the West right-of-way line of Lincolnway; thence South 37021140" East, 50.12 feet to the North right-of-way line of a 12.50 foot alley; thence South 89041'40" West, 140.50 feet along said North right-of-way line to the point of beginning. Commonly known as 618 Lincolnway East (the "Real Property"); and WHEREAS, the Commission, in Resolution 1015, adopted on August 23, 1991, expressed its desire to sublease the Real Property to the City of South Bend, Indiana; and WHEREAS, the City of South Bend is desirous of leasing the Real Property from the Commission; and WHEREAS, pursuant to I.C. 36-9-6-3, the Board of Public Works of the City of South Bend (the "Board") has custody of and may maintain all real property of the City of South Bend; and