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Ironwood, Inwood and <br />Retention Basin <br />ORDINANCE $:999 -68 <br />AN ORDINANCE ANNEXING TO AND BRINGING WITHIN <br />THE CITY LIMITS OF SOUTH BEND, INDIANA CERTAIN <br />LANDS AND PROVIDING, AFTER ANNEXATION SHALL <br />TAKE EFFECT, THAT FOR A PERIOD OF THREE YEARS, <br />ONE HALF (z) OF THE MUNICIPAL PROPERTY TAXES <br />TO BE IMPOSED UPON THE ANNEXED TERRITORY SHALL <br />BE:-IMPOUNDED AND PLACED IN A SPECIAL FUND <br />SOLELY FOR THE BENEFIT OF THE ANNEXED TERRITORY. <br />BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, <br />INDIANA: <br />SECTION 1: That the following described property in St. Joseph <br />County, State of Indiana, is hereby annexed to and brought within <br />the City of South Bend, Indiana; <br />Beginning at a_point on the centerline of Ironwood Road <br />and forty (40) feet East of the Southeast corner of <br />Lot 467-A in Twyckenham Hills Section "L" Subdivision; <br />thence North along said centerline a distance of five <br />hundred forty -six (546) feet more or less, to a point <br />forty (40) feet due East of the Northeast corner of <br />Lot 472 in Twyckenham Hills Section "L" Subdivision; <br />thence due East thirty (30) feet to the East right -of- <br />way line of Ironwood Road; thence further due East one <br />hundred fifty (150) feet; thence due South along a line <br />one hundred eighty (180) feet East of and parallel to <br />the West line of Section Twenty (20), Township Thirty - <br />seven North (T37N), Range Three East (R3E), and the West <br />line of Section Twenty -nine (29), Township Thirty -seven <br />North (T37N), Range Three East (R3E), a distance of three <br />thousand fifty -two and fifty -two hundredths (3,052.52) <br />feet to a point four hundred twenty and forty -two hundredths <br />(420.42) feet North and one hundred eighty (180) feet East <br />of the Southeast corner of the Northeast one quarter (NE 4) <br />of Section Thirty (30), Township Thirty -seven North (T37N), <br />Range Three East (R3E); thence due West one hundred eighty <br />(180) feet to the centerline of Ironwood Road; thence <br />further due West five hundred (500) feet to the Southwest <br />corner of the Ironwood Road Retention Basin property; <br />thence due North a distance of four hundred twenty and <br />forty -two hundredths (420.42) feet to the Northwest corner <br />of the Retention Basin property which point is also the <br />South property line of a nine (9) acres tract now owned by <br />Walter R. Crowel and Mabel M. Crowel; tnence due West a <br />distance of eight hundred eighteen and sixty -eight hundredths <br />(818.68) feet more or less, to the one eighth (1/8) Section <br />line which line is also the present City Limits line; thence <br />due North along the present City Limits line a distance of <br />one thousand seven hundred ninety -four and fifty hundredths <br />(1794.50) feet more or less, to the North line of Section <br />Thirty (30), Township Thirty -seven North (T37N), Range <br />Three East (R3E); thence due East along the present City <br />Limits line a distance of three hundred eighty and sixty <br />hundredths (380.60) feet more or less; thence due North <br />