10110-11 Transfer a portionof Voorde Park to Hoosier Tank and Manufacturing, Inc.

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V M�MORANDUM OF UNDERSTANDING WHEREAS, the Board of Park Commissioners of the Civil City of South Bend (Hereinafter referred to as Parks) is authorized under I.C. 36-10-4 to administer park property for the City of South Bend; and WHEREAS, the Board of Park Commissioners is authorized to acquire and dispose of real and personal property under I.C. 36-10-4-9(c)(S); and WHEREAS, Northwest Little League, Inc. and Indiana District 11 Little League, Inc., (Hereinafter collectively refened to as District 11) is the owner of certain real estate commonly known as 3401 Keller Street, South Bend, Indiana and more particularly described as: A portion of the Southeast Quarter of Section 33, Township 38 North, Range 2 East, and a part of the City of South Bend, St. Joseph County, Indiana, more . particularly described as follo�vs: Commencing at the Northeast corner of the Southeast Quarter of said Section 33; thence South 00° 07' 29" West along and with the East line of said Quarter Section a distance of 890.52 feet; thence North 89° 40' 09" West, a distance of 40.00 feet to an iron on the West line of Bendix Drive and the South line of Voorde Drive; thence continuing North 89° 40' 09" West on and along said North line of Voorde Drive a distance of 491.02 feet to the place of beginning; thence South 00° 19' S1" West a distance of 407.84 feet to a point on the North line of Keller Street; thence North 89° 23' 45" West on and along said North line of Keller Street a distance of 350.58 feet; thence North 00° 19' S1" East a distance of 406.17 feet to a point on the South line of Voorde Drive; thence South 89° 40' 09" East on and along said South line of Voorde Drive a distance of 350.58 feet to the place of begiruling. WHEREAS, District 11 no longer needs the property at 3401 Keller Street, South.Bend, Indiana (Hereinafter referred to as 3401 Keller) for its purposes; and WHEREAS, for more than five years District 11 has been in contact with Parks to find a suitable location for its Challenger Program to enable boys and girls with physical and mental disabilities ages 5 through 18 to enjoy the game of baseball based upon their abilities. WHEREFORE the parties agree as follows: 1. District 11 shall lease 3401 Keller to Parks for a period of ten (10) years for One Dollar ($1.00) per year within thirty (30) days from the signing of this Memorandum. 2. Parks will use its best efforts to acquire a suitable site consisting of at least 1.8 acres for District 11 to use for its Challen�er Program. Should such a site (hereinafter referred to as Challenger Site) be acquired, Parks will allow District 11 to use it for a fee set at a public meeting by the Board of Park Commissioners. Such fee shall not be greater than necessary to