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Development Area" and is more particularly described as follows: <br />Beginning at the point of intersection of the South right-of-way line of <br />� g p <br />Sample Street with the West right -of -way line of Michigan Street; thence North <br />along said West right -of -way line of Michigan Street to its intersection with the <br />Northerly line of the Conrail Railroad (formerly Penn Central) right -of -way; <br />thence Northwesterly along said Northerly railroad right -of -way line to its <br />intersection with the Southerly projection of the West right -of -way line of Taylor <br />Street; thence North along said West right -of -way line to its intersection with the <br />Westerly projection of the North right -of -way line of vacated Monroe Street; <br />thence East along the said projected right -of -way line to the intersection with the <br />East right -of -way line of Taylor Street said point also being the Southwest corner <br />of Lot 16, Block 7 of Vail's Southwest Addition to the City of South Bend; thence <br />North along the said East right -of -way line to the intersection with the center line <br />of the first 14 -foot vacated alley lying North of vacated Monroe Street; thence <br />East along the said center line to a point on the said center line that is 93.00 feet <br />west of the East right -of -way line of Williams Street; thence South parallel with <br />the West right -of -way line of Williams Street, 114.00 feet; thence East 93.00 feet <br />to a point on the East right -of -way line of Williams Street, said point being 8.00 <br />feet South of the Southwest corner of Lot 6, Block 8, of said Vail's Southwest <br />Addition and the beginning of the vacated Williams Street to the South; thence <br />North 8.00 feet along the East line of Williams Street to the said Southwest corner <br />of Lot 6, Block 8; thence East along the South line of said Lot 6, Block 8, to the <br />Southwest corner of Lot 6, Block 8; thence Southeasterly to a point on the East <br />line of Lot 31 of said Vail's Southwest Addition, said point being 25.00 feet <br />North of the Southeast corner of said Lot 31; thence South along the East line of <br />Lot 31 to the North right -of -way line of vacated Monroe Street; thence East along <br />the North right -of -way line of said vacated Monroe Street to its intersection with <br />the Southerly projection of the center line of the first 14 foot alley lying West of <br />Lafayette Boulevard; thence North along said projection and the center line of said <br />14 foot alley to the South right -of -way line of Washington Street; thence West <br />along said South right -of -way line to the East right -of -way line of Chapin Street; <br />thence Westerly to a point located on the West right -of -way line of Chapin Street <br />and 5 feet South of the South right -of -way line of Washington Street; thence <br />South, a distance of 235 feet; thence West, a distance of 122.84 feet; thence <br />South, a distance of 55 feet; thence West to the first North -South alley West of <br />Chapin Street; thence South to a point 38.71 feet North of the North right -of -way <br />line of Jefferson Boulevard; thence East to the West right -of -way line of Chapin <br />Street; thence South to the North right -of -way line of Thomas Street; thence West <br />along said North right -of -way line of Thomas Street to a point 105.58 feet East of <br />the East right -of -way line of Laurel Street; thence North a distance of 67.25 feet; <br />thence West, a distance of 105.58 feet to said East right -of -way line of Laurel <br />Street; thence North along said East right -of -way line to a point 39.6 feet North of <br />-9- <br />