70-18 131 Chapin Street Zoning Admendment

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COMMITMENTS CONCERNING THE USE OR DEVELOPMENT OF REAL ESTATE MADE IN CONNECTION WITH A DEVELOPMENT PLAN APPROVAL, ZONE MAP CHANGE OR PLANNED UNIT DEVELOPMENT REQUIRED BY THE CITY OF SOUTH BEND ZONING ORDINANCE In accordance with I.C. 36-7-4-1015, the Owner of the real estate located in St. Joseph County, Indiana which is described below, makes the following COMMITMENTS concerning the use and development of the following described parcel of real estate: LEGAL DESCRIPTION: A LOT OF PARCEL OF LAND FIFTY-TWO (52) FEET IN WIDTH FRONTING ON SOUTH CHAPIN STREET, AND BEING A PART OF LOT NUMBERED TEN (10) AS SHOWN ON THE PLAT OF ANN THOMAS' SUBDIVISION OF A PART OF BANK OUT LOT NUMBERED SEVENTY-FOUR(74) OF THE FIRST PLAT OF OUT LOTS OF THE TOWN, NOW CITY OF SOUTH BEND, PLATTED BY THE STATE BANK OF INDIANA, WHICH PART IS BOUNDED BY A LINE RUNNING AS FOLLOWS: BEGINNING ON THE WEST LINE OF SOUTH CHAPIN STREET AT A POINT 70 FEET SOUTH OF THE NORTHEAST CORNER OF SAID BANK OUT LOT NUMBERED SEVENTY-FOUR(74); THENCE RUNNING WEST 146.90 FEET TO A POINT 50 FEET EAST OF THE EAST LINE OF THE LOT NUMBERED TWENTY-NINE (29) IN ANN THOMAS' SUBDIVISION OF THE NORTHWEST PART OF SAID BANK OUT LOT NUMBERED SEVENTY-FOUR(74); THENCE SOUTH 52 FEET; THENCE EAST TO THE WEST LINE OF CHAPIN STREET; THENCE NORTH 52 FEET TO THE PLACE OF BEGINNING. ALSO, THE EAST FIVE (5) FEET OF THE PRIVATE OR VACATED PUBLIC ALLEY LYING WEST AND ADJACENT TO THE ABOVE DESCRIPTION. STATEMENT OF COMMITMENTS: 1. The use of the property will be limited to hotel with a maximum of 6 quest rooms. These COMMITMENTS shall run with the land, be binding on the Owner of the above- described real estate, subsequent owners of the above-described real estate and other persons acquiring an interest therein. These COMMITMENTS may be modified or terminated by a decision of the Area Plan Commission of St. Joseph County made at a public hearing after proper notice has been given.