#2949- Deed; EASEMENT Interbelt Property - Cone Shaped Vacant Land Remaining from Lot 6RRH Mary Whitherill's Sub of BOL 32, the other portion of said lot was conveyed to the City for Constuction of Chapin Interbelt.

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PURCHASE AGREEMENT THIS AGREEMENT entered into this day of 19 75 , by and between hereinafter referred to as Buyer, and the Civil City of South Bend, a municipal corporation of the State of Indiana, hereinafter referred to as City. WITNESSETH: WHEREAS, Ordinance No. 5387-72 establishes the procedures for the disposition and rental of real property owned by the City of South Bend; and WHEREAS, the Board of Public Works is empowered to carry out the provisions of said ordinance; and WHEREAS, the Board has determined that certain real property owned by the City of South Bend is no longer necessary for the public use; and WHEREAS, the Board has adopted by Resolution declaring par- ticular parcels of real property as excess and available for dis- position, and same have been submitted to the Common Council for its consideration and have been deemed conclusive; and WHEREAS, the Board appointed two (2) licensed independent appraisers who have appraised the particular real property; and WHEREAS, based upon the appraisals submitted, the Board established a valuation for the property; and 4 WHEREAS, said property valued by the Board is less than One 1 Thousand ($1,000) Dollars; and WHEREAS, pursuant to Ordinance No. 5387, Section 30A-2(d) the Board is empowered to sell at private sale, without notice, such property at least at the sum of the evaluation; and WHEREAS, the offer of the Buyer in the amount of One Hundred and Fifty ($150.00) Dollars was offered and accepted as the best bid for said property. NOW THEREFORE, it is agreed by and between the parties hereto, and for and in consideration of the premises and the mutual cov- enants herein contained, as follows: 1. City agrees to sell and Buyer agrees to buy: Part of Lot No. 6 of Mary Whitherill's Subdivision of Bank Out Lot 32 of South Bend, Indiana, described as follows: Beginning at the South East corner of said Lot No. 6; thence due west along the South property line of said Lot No. 6 a distance of 29.71 feet to the Easterly Right -of -Way line of the Chapin Street Innerbelt; thence North Easterly along the said Easterly Right -of - Way line a distance of 177.32 feet to a point 22 feet more or less South of and 6 feet more or less West of the North East corner of said Lot No. 6; Thence further North Easterly along the said Easterly Right -- of -Way line a distance of 23.18 feet to the North East Corner of said Lot No. 6; thence due South along the East property line of said Lot No. 6 a distance of 198 feet to the point of beginning; containing 3,434 square feet more or less all in Portage Township, St. Joseph County, Indiana.