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• <br />REGULAR MEETING <br />APRIL 10, 1978 <br />APPROVAL OF PETITION FOR ANNEXATION AND ANNEXATION AGREEMENT <br />A Petition for Annexation and Annexation Agreement from Americana <br />Realty, Inc. for property south of Kensington Farms was tabled <br />by the Board for review by the Legal Department. Deputy City <br />Attorney Robert M. Parker was present and advised the Board that <br />this petition has been reviewed with the petitioners. It provides <br />for annexation and a rezoning with the request that they be <br />disannexed in the event that the rezoning is not granted. There is <br />a provision to be added by amendment today providing that if the <br />property is disannexed, the petitioner will deliver a waiver of <br />annexation in recordable form suitable to the Board of Public Works <br />with such waiver to become effective fifteen months after the com- <br />mencement of the construction of any single or non - single family <br />residence upon the property. Mr. Parker noted that Mr. Bancroft, <br />Attorney for the petitioner, and Roger Nusbaum, Vice President of <br />Americana Realty, Inc. were also present. Mr. Bancroft said he had <br />met with the Legal Department regarding the petition and they have <br />reached agreement on the terms of the document having to do with the <br />waiver of annexation. A proposed amendment to the agreement regarding <br />the waiver of annexation was then submitted to the Board. Mr. Brunner <br />asked what would be the result if single or multi - family construction <br />is begun within the fifteen -month period and they are sold to other <br />entities by Americana Realty, Inc. Mr. Parker said the agreement <br />has wording providing that, at the time of disannexation, a waiver <br />in suitable form will be submitted to the Board and that waiver will <br />run with the land so that any conveyance of the land will not change <br />the waiver. The Board asked Mr. Bancroft if that was his understanding <br />and he said that is acceptable and is their intention. Mr. McMahon <br />made a motion that the petition for annexation and annexation agreement <br />be approved, as amended. Mr. Brunner seconded the motion and it <br />carried. <br />PURCHASE AGREEMENT APPROVED - SALE OF 235 N. STUDEBAKER STREET <br />A purchase agreement between Mr. & Mrs. James Pope and the City of <br />South Bend for the sale of a city -owned lot at 235 N. Studebaker <br />Street was submitted to the Board. The agreement was prepared by <br />Deputy City Attorney Terry A. Crone and provides for a reduction <br />in the offering price for the lot to $300 with the stipulation that <br />the purchasers will repair broken curb and sidewalk on the property <br />within one hundred and twenty days from the date of approval of the <br />contract. Upon motion made by Mr. McMahon, seconded by Mr. Brunner <br />and carried, the purchase agreement was approved, subject to approval <br />by the Common Council. <br />PETITION TO VACATE A PORTION OF FRANKLIN STREET FILED <br />Gates, Realty, Inc., Van E. Gates and Gates Chevrolet Corporation, <br />by their Attorney, William McInerney, file a petition to vacate <br />Franklin Street from Western Avenue north to Wayne Street. The <br />petitioners own all the real estate abutting on the said street. <br />Franklin Street dead ends.at both Western Avenue and Wayne Street, <br />having been vacated in 1969 upon the petition of Sears Roebuck <br />& Company. The petitioners note that there is a substantial flow <br />of pedestrian and vehicular traffic from one side of Franklin Street <br />to-the other, moving from properties owned by Gates Chevrolet Corpor- <br />ation on both sides of the street, and this constitutes a hazard to <br />pedestrians and vehicles alike. Upon motion made by Mr. McMahon, <br />seconded by Mr. Brunner and carried, the petition was filed and <br />referred to the Department of Engineering for review and a utility <br />check and to the Area Plan Commission for a public hearing and <br />recommendation. <br />