|
i�
<br />WHEREAS,
<br />submittei
<br />Parcel e,
<br />RESOLUTION NO. 145
<br />RESOLUTION AUTHORIZING EXECUTION OF A CONTRACT FOR THE SALE OF
<br />LAND FOR REDEVELOPMENT TO THE DEPARTMENT OF PUBLIC PARKS OF
<br />SOUTH BEND, INDIANA, FOR LAND IN THE CHAPIN STREET PROJECT,
<br />INDIANA R -29
<br />The Department of Public Parks of the City of South Bend has
<br />I a written offer meeting the approved minimum price on Disposal
<br />immonly referred to as No. 2, Chapin Street Project, Indiana R -29; and,
<br />WHEREAS, the South Bend Redevelopment Commission has determined that the
<br />acceptance of this bid is in_ accordance with the approved disposal program
<br />for this area; and,
<br />WHEREAS, the Commission has entered into a cooperation agreement with the
<br />Department of Public Parks of the City of South Bend, under date of
<br />February 20, 1965, for the purchase and redevelopment of said land, and the
<br />Commission has determined that the redeveloper possesses the qualifications
<br />and financial resources necessary to acquire and develop said land in
<br />accordan a with the Urban Renewal Plan; and,
<br />WHEREAS, the Commission has determined that, in accordance with the Urban
<br />Renewal Ian as recorded, the land to be sold is for a public purpose and
<br />public u e, and, therefore, considers the disposal of said land by negotiation
<br />to the r developing public body to be the appropriate method of land
<br />disposition; and,
<br />WHEREAS, the minimum price to be offered for said land has been-determined
<br />in aecor anee with all applicable Statutes of the State of Indiana, and the
<br />rules, r gulations, and Federal Statutes governing the sale of urban renewal
<br />land to i Public Body for public use; and,
<br />WHEREAS, the offer of $73,527 by the Department of Public Parks of the City
<br />of South Bend is satisfactory and is not less than the fair market value for
<br />use in a cordance with the Urban Renewal Plan as determined by the applicable
<br />statutes, rules, and regulations cited above.
<br />NOW, TH EFORE, THE SOUTH BEND REDEVELOPMENT COMMISSION accepts the offer
<br />of and au horizes execution of a contract with the Department of Public Parks
<br />of The C'ty of South Bend to acquire at a price of $73,527 to redevelop the
<br />designat d Disposition Parcel No. 2 for park "aad.;recreational purposes;
<br />subject o the concurrence of the Department of Housing and Urban Development.
<br />Said rea estate is known and described as follows:
<br />Parcel o Land situated in S.E. 1/4 Sec. 11, T. 37N., R 2 E., City of South
<br />Bend, Po tage Twp., St. Joseph County, Indiana and more particularly bounded
<br />and desc ibed as follows:
<br />Beginnin
<br />890 571
<br />Avenue a
<br />East, pa
<br />468.36 f
<br />internal
<br />foot rad
<br />along sa
<br />are dist
<br />center b
<br />radius c
<br />thence S
<br />150.48 f
<br />West, 14
<br />West, 13
<br />West, 52
<br />West 138
<br />at a point which bears South 00 021 45" East 60.00 feet and North
<br />LS" East 20.00 feet from the centerline intersection of Western
<br />id Laurel Street, thence along an assumed bearing of North 890 561 4511
<br />�allel to and 60.00 feet South of the centerline of Western Avenue,
<br />?et; thence along a 172.00 foot radius curve to the right through an
<br />angle of 160 051 an are distance of 48.28 feet to a point on a 57.00
<br />Lus curve, whose center bears South 160 011 45" West; thence Easterly
<br />Ld 57.00 foot radius curve through an internal angle of 570.46, an
<br />ince of 57.47 feet to a point on a 172.00 foot radius curve whose
<br />?ars South 730 471 45 "; thence Southerly along said 172.00 foot
<br />irve through an internal angle of 160 05' an are distance of 48.28 feet;
<br />)uth 00 071 15" East ISO.55 feet, thence South 40 411 4S11 East
<br />?et; thence South 00 071 15" East 301.93 feet; thence South 890 59
<br />'.00 feet; thence North 00 111 30" West 29.95; thence South 890 541 30"
<br />?.00 feet; thence South 00 08 East 82.39 feet; thence South 730 221 0511
<br />,77 feet; thence North 00 081 West 27.28 feet; thence North 740 201 30"
<br />,37 feet; thence North 00 151 West 19.44 feet; thence North 730 451
<br />
|