09-26-88 Council Meeting Minutes

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4 WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 601 West Broadway and which is more particularly described as follows; Two parcels of land being parts of the Northeast Quarter of Section 14, Township 37 North, Range 2 East, in the City of South Bend, Portage Township, St. Joseph County, Indiana, and being more particularly described as follows: All of Lots Numbered Thirty -six (36) and Thirty -seven (37) in Samuel Stull's Second Addition to the City of South Bend, Indiana; ALSO, that part of said quarter- section more particularly described as commencing at the Southeast corner of Tract No. 4 of the Studebaker Corp. Replat as recorded in Plat Book 11, page 184 in the Office of the Recorder of St. Joseph County, Indiana; thence North 0 °14100" West (bearing assumed) along the East line of said Tract No. 4 a distance of 247.35 feet to the point of beginning for this description; thence South 89 °22140" West along the South line of Broadway Street projected westerly a distance of 618.58 feet to the Southeast corner of a tract of land described in a deed to Allied Products Corp. and recorded in Deed Record 649, pages 497 -503 in said Office of the Recorder; thence North V01'19" East along the East line of said tract a distance of 1165.66 feet; thence North 89 °55134" West along the North line of said tract a distance of 279.27 feet to a Southeasterly corner of a tract of land described in a deed to Cummins Engine Company, Inc., and recorded in Deed Record 650, pages 173 -183 in said Office of the Recorder; thence North V04126" East along an East line of said tract a distance of 145.04 feet to the Southwest corner of a parcel of land described in a deed to Indiana and Michigan Electric Company recorded in Deed Record 652, pages 427 -433 in said Office of the Recorder; thence South 89 °50126" East, along the South line of said parcel, a distance of 100.00 feet; thence North V04126" East, along the East line of said parcel and an East line of a tract described in a deed to South Bend Lathe, Inc. recorded in Deed Record 659, pages 637 -640, a distance of 120.28 feet; thence South 89 °53136" East along a South line of said tract a distance of 647.32 feet; thence South 12 °18'50" East along a Westerly line of said tract a distance of 162.12 feet to a point; thence North 89 °55121" East along a South line of said tract a distance of 230.50 feet to the West line of Franklin Street; thence South 0 °21155" East along said West line of Franklin Street a distance of 374.67 feet to the South line of South Bend City Addition, as recorded in Plat Book 2, page 4 in said Office of the Recorder; thence South V05120" East along the West line of Franklin Street a distance of 17.35 feet; thence South 88 °58145" West a distance of 121.36 feet to the East line of said Tract No. 4; thence South V14100" East along said East line a distance of 870.90 feet to the point of beginning. Parcel 1: A part of the N.E. 1/4 of Section 14, Twp. 37 N., R. 2 E., more particularly described as follows: Commencing at the intersection of the North Line of the Michigan Central Railroad Right -of -Way and the East Line of Kendall Street, said point being the Southwest corner of Tract No. 4 of the Studebaker Corporation Replat, as recorded in Plat Book 11, Page 184, in the Office of the Recorder of St. Joseph County, Indiana; thence North along the East line of Kendall Street a distance of 233.93 feet to the intersection of said East line of Kendall Street with the South line of Broadway Street projected West; thence No. 89 °22140" E. along said South line of Broadway Street projected West, a distance of 149.32 ft. to the Point of Beginning; thence continuing No. 89 °22'40" E. along said South line of Broadway Street projected west a distance of 505.85 ft. to a point; thence No. 00 °01'19" E. a distance of 1165.66 ft. to a point; thence No. 89 °55'34" W. a distance of 506.27 ft. to a point; thence S. 00 °00100" E. a distance of 1171.80 ft. to the point of beginning. Parcel 2: (a) Easement for the purpose of vehicular and pedestrian ingress and egress to and from Parcel 1, described as follows: A part of the Northeast Quarter of Section 14, Township 37 North, Range 2 East, more particularly described as follows: Commencing at the intersection of the North line of the Michigan Central Railroad Right -of -Way and the East line of Kendall Street, said point being the Southwest corner of Tract No. 4 of the Studebaker Corporation Replat, as recorded in Plat Book 11, Page 184, in the Office of the Recorder of St. Joseph County Indiana; thence North along the East line of Kendall Street a distance of 233.93 ft. to the intersection of said East line of Kendall Street with the South line of Broadway Street projected West; thence No. 89 °22'40" E. along said South line of Broadway Street projected West a distance of 655.17 feet for a point of beginning; thence continuing N. 89 °22140" E. along said South line of Broadway Street projected West a distance of 736.86 ft. to the West line of Franklin Street; thence Northerly along the said West line of Franklin Street a distance of 74.25 ft. to its intersection with the North line of Broadway Street projected West; thence S. 89 °22140" W. along the said North line of Broadway Street projected West a distance of 736:82 ft. to a point; thence S. 00 °01119" W. a distance of 74.26 ft. to the point of beginning.