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REGULAR MEETING AUGUST 25, 1980 <br />REGULAR MEETING RECONVENED (CONTINUED <br />EXCEPTING therefrom a certain tract of land described as beginning at the northeast corner <br />of the southwest quarter of said Section 16; thence south 33 feet, thence west 16 feet; <br />thence south parallel with the east line of said Section 16 367 feet, thence west parallel <br />with the centerline of said Section 16, to the east line of the right -of -way of the New <br />Jersey, Indiana and Illinois Railroad Company as the same has been and is now located; the: <br />northeasterly along the easterly line of said right -of -way to the east and west centerline <br />of said Section 16 to the east line thereof and the place of beginning containing 27.017 <br />acres, more or less, and conveyed to the New Jersey, Indiana and Illinois Railroad Company <br />be deeds recorded respectively in Deed Record 164, Page 140 and Deed Record 164, Page 140 <br />and Deed Record 193, Page 191, of the records of St. Joseph County, Indiana; <br />AND ALSO EXCEPTING, therefrom the right -of -way of the New Jersey, Indiana and Illinois <br />Railroad Company and the Penn Central Railroad, and now known as Conrail. <br />Subject to all legal highways, the total parcel containing 70 acres, more or less, <br />be designated as an Urban Development Area under the provisions of Indiana Code 6 -1.1 -11.1 <br />-1, and that the public utility and benefit of the project be determined; and <br />WHEREAS, the Redevelopment Commission has conducted an investigation pursuant to <br />Section 2 -77 of the Municipal Code and prepared a report determining that the area here - <br />tofore described did quality as an Urban Development Area under Indiana Code 6 -1.1- 12.1 -1; <br />and that the Commission has prepared maps and plats showing the boundaries and such other <br />information as required by law of the area in question; and <br />WHEREAS, the Human Resources and Economic Development Committee of the South Bend Com- <br />mon Council has reviewed said report and recommended to the Common Council that the area <br />qualifies as an Urban Development Area. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indian <br />as follows: <br />SECTION I. That the Common Council hereby accepts the report and recommendation of <br />the Human Resources and Economic Development Committee that the area herein described <br />be designated an Urban Development Area, and hereby adopts a Resolution designating this <br />area as an Urban Development Area for purposes of real property Tax Abatement. <br />SECTION II. That the Common Council requests the City Clerk, upon receipt of the re- <br />port of the Area Plan Commission to cause notice of the adoption of this Resolution to be <br />published, said publication providing notice of the public hearing before the Common <br />Council on said declaration. <br />SECTION III. THis Resolution shall be in full force and effect from and after its <br />adoption by the Common Council and approval by the Mayor. <br />/s /John Voorde <br />Member of the Common Council <br />A public hearing was held on the resolution at this time. Mr. Richard Mintz, attorney <br />representing the petitioner, indicated this tax abatement would be for the ethanol plant. <br />He indicated they would employ 150 on -site employees. Council Member Serge made a motion <br />to adopt this resolution, seconded by Council Member TAylor. The resolution was adopted <br />by a roll call vote of nine ayes. <br />RESOLUTION NO. 806 -80 A RESOLUTION APPROVING THE SALE OF REAL ESTATE FOR <br />LESS THAN THE APPRAISED VALUE. <br />WHEREAS, real estate located at 1245 Van Buren Street, South Bend, described as <br />Lot Numbered Five (5) as shown on the recorded plat of Ward's Subdivision of Lots-Numbered <br />One Hundred and Six (106), One Hundred and Seven (107), One Hundred and Eight (108), One <br />Hundred and Nine (109) and One Hundred and Ten (110) in Cushing's Fifth Addition of the <br />City of South Bend, St. Joseph County, Indiana, is now Vacant and the Common Council has <br />heretofore approved its sale as surplus city real estate; and <br />WHEREAS, this real estate has been appraised for Five Hundred Fifty Five Dollars <br />(555.00) and has been offered for sale by the City; and <br />WHEREAS, the prospective purchaser of said said real estate, being a neighbor who <br />desires to construct a garage on the property, has sought to obtain title insurance on <br />the property preparatory to purchase, but the title has been determined to be unmerchan -1 <br />table because of certain defects in the filing of the original mechanic's lien by the <br />contractor hired by the City to demolish a substandard structure thereon, and the City <br />foreclosure action on the mechnaic's lien and purchased by the City at sheriff's sale, <br />has, therefore, resulted in the City obtaining title to the real estate which is defective <br />and unmerchantable; and <br />WHEREAS, the City has expended court costs in the amount of $55.00 in the mechanic's <br />lien foreclosure action, and a $65.00 appraisal fee, and the propective purchaser has <br />offered to pay this expense of $120.00 to the City as purchase price for this property, <br />and <br />WHEREAS, Section 14.5 of the Municipal Code of the City of South Bend request approval <br />of the Common Council for the City to sell surplus real estate for less than its full <br />appraised value. <br />ice <br />L, <br />