10/20/87 Board of Public Works Minutes

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012 REGULAR MEETING OCTOBER 20. 1987 Therefore, upon a motion made by Mr. Leszczynski, seconded by Mr. Vance and carried, the above Quotations were referred to the Department of Economic Development and the Engineering Department for review and recommendation. ADOPTION OF RESOLUTION NO. 29-1987 APPOINTING APPRAISERS - RE: CONSTRUCTION OF PARKING FACILITY Mr. Leszczynski advised that;Resolution No'. 29-1987 provides for the appointment of Jerome E. Michael and Richard E. McCloskey, professional appraisers, to appraise the fair market value of the land located at the northwest corner of South St. Joseph Street and East Wayne Street which is the proposed site for the construction of a parking facility. Therefore, upon a motion made by Mr. Vance, seconded by Mrs. DeClercq and carried, the following Resolution No. 29-1987 was adopted: RESOLUTION NO. 29-1987 A RESOLUTION OF THE SOUTH BEND BOARD OF PUBLIC WORKS APPOINTING APPRAISERS. WHEREAS, the South Bend Board of Public Works (Board) has agreed in a joint resolution with the South Bend Redevelopment Commission, being Resolution No. 28-1987 of the Board, to accept conveyance of the following real property located at the northwest corner of South St. Joseph Street and East Wayne Street in the South Bend Central Development Area, more particularly described as follows: A part of the Northwest Quarter of Section 12, Township 37 North, Range 2 East of the Second Principal Meridian, Portage Township, City of South Bend, Indiana being a part of Lots Fifty (50), and Fifty-one (51) and Fifty-two (52) of the Original Plat of South Bend, Indiana more particularly described as follows: Beginning at the intersection of the Westerly right-of-way line of St. Joseph Street (85 foot right-of-way) with the North right-of-way line of Wayne Street (82.5 foot right-of-way), thence South 89°38112" West (bearing assumed) along the North right-of-way line of Wayne Street 148.84 feet; thence North 00°27'00" West, 186.00 feet; thence North 89°39'34" East, 165.61 feet; thence Southwesterly 186.99 feet along a segment of a curve to the right having a radius of 912.43 feet, subtended by a chord having a bearing of South 04°42'19" West and a length of 186.66 feet to the point of beginning. and WHEREAS, the Board has adopted Resolution No. 27-1987, confirming Resolution No. 24-1987, concerning acquisition and construction of a parking facility; and WHEREAS, the Board has requested proposals and qualifica- tions for parking garage financing and construction in response to specifications approved by the Board and has proposed to finance the construction of the parking garage by lease or lease purchase pursuant to those specifications; and WHEREAS, the lessor of the parking garage must hold the land on which the structure is to be erected in fee simple, and the Board must determine the appraised value of that land by appointing two professional appraisers, who will provide the Board with their appraisal within two weeks after the date of their appointment. NOW, THEREFORE, BE IT RESOLVED by the South Bend Board of Public Works, as follows: