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WHEREAS., pursuant to Resolution No. 33 of the South Bend.. <br />Redevelopment Authority, adopted. March 8, 1991 the South Bend <br />• Redeye.lopment Authari y elected to abide by the provisions of I.G. <br />36-1-11-8, and. thus. may exchange or transfer property with another <br />governmental. entity upon terms and conditions agreed... upon by the two <br />(2) entities as evidenced by the adoption.. of subs antial.ly identica <br />reso-lutions of each entity; and: <br />WHEREAS., the. City of South Bend.,. Indiana has agreed to transfer. <br />title to the Real Property to the:. South. Bend Redevelopment Authority <br />and. the South Bend.Redeveaopment Authority (a.c ing by and through the. <br />Board.), has. agreed... to acquire the.Rea.l Property from. the City for- the <br />sum of Ten Dollars ($lA.QO) and other good. and: valuable <br />consideration. <br />NOW, THEREFORE, BE. LT RESOLVED BY THE SOUTH. BEND REDEVELOPMENT <br />AUTHORLTY AS FOLL(JWS <br />1. That the trans-fer of the. following-described real.praperty <br />by the: City of South Bend ac ing by and through its Board of Public. <br />Works. to the South Bend Redevelopment Authority: <br />Parcels: No. 62-C1P and 62-A1P <br />Commencing at the: Northwes Corner of the <br />Southeas One-Quarter (1/4) of Section Twenty (20) <br />Township Thirty-eight. {T 38 N) North Range. Two (R <br />2 E) Easa, and. running in a souther y direction. <br />~~- along the North-South.. centerline of Section Twenty <br />(20) a distance of four hundred: twenty-seven (427} <br />feet to the. point of beginning, thence. in a. <br />southerly direction along: the North-South.. <br />centerline. of Section Twenty (20) a distance of <br />two thous:and two hundred nine een.(2219} feet, <br />thence: running. in a easterly direction,, along the <br />South Line of said One-Quarter (1/4) Sec ion a <br />distance of thirty {30) feet, thence running in a <br />northerly direction. on a line thirty (30} feet <br />East of and parallel to the North-South centerline: <br />of Section twenty (20) a distance of one: thousand. <br />eight hundred.. sixty-nine: (1869} fee , thence <br />running North. four degrees twenty-nine minutes.: <br />fifty-three and seven-tenths: seconds: (N 04° 29' <br />53.7" E) East a distance of three hundred:: <br />fifty-ane and. twenty-eight. hundredths (351.28) <br />feet, thence running-North: eighty-nine degrees: <br />fifty-two minutes..twenty-three:: and three-tenths: <br />seconds (N 89° 52' 2.3.3" W) Wes a distance of <br />sixty (60) feet to the paint of beginning. <br />Beginning at the intersec ion: of the center liner <br />of Mayf lower Road..and. a line drawn. parallel to and. <br />distance 650 feet:Southerly of measured on a line. <br />normal. to the center line. of the. Indiana.. East-Wes <br />Toll.. Road as shown.. by plat recorded, in the St. <br />Joseph Gounty Map Records; thence Southerly along <br />said center line. to the intersec ion of the <br />Northerly right. of way line of Clevea.and-Road; <br />thence Wester y along-said Northerly right. of way <br />line, distant. 3Q feet; thence Northerly in a <br />straight- line to a point. distant 3Q feet We terly <br />measured. at right angles. to said center. line from <br />a point thereon distant 1000 feet Southerly, <br />measured along said. center line: from its <br />intersection with. the afores-aid Toll_Road center <br />line; thence Northwesterly in a straight line to <br />the intersec ion of the aforesaid parallel line, <br />said point of intersection 60 feet Westerly, <br />measured. at right. angles:. to said center line of <br />Mayflower Road; thence. Eas erly along-said <br />parallel. line. to the place of beginning. <br />