Annexing Ironwood, Inwood and Rentention Basin

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along the present City Limits line a distance of two hundred ninety -one and sixty hundredths (291.60) feet to the North- east corner of Lot No. 8 in part of Marshall Height Subdivi- sion; thence due East along the present City Limits line which line is also the South Boundary line of Twyckenham Hills Section "L" Subdivision, a distance of eight hundred ninety -eight and sixty -five hundredths (898.65) feet more or less, to the Southeast corner of Lot 467A in Twyckenham Hills Section. "L" Subdivision; thence due East forty (40) feet to the centerline of Ironwood Road and the point of beginning, containing seventy -eight (78) acres, all in Section Nineteen (19), Township Thirty -seven North (T37N), Range T1rE-18 East (R3E) , Portage Township and Section Thirty (30), TownshipThirty -seven North (T37N), Range Three East (R3E), Centre Township and Sections Twenty (20) and Twenty - nine (29), Township Thirty -seven North (T37N), Range Three East (R3E), Penn Township, St. Joseph County, Indiana. SECTION 2: Be it further ordained by the Common Council of the City of South Bend, Indiana, that for a period of three (3) years after annexation shall take effect one -half (z) of all municipal property taxes to be imposed upon the annexed territory shall be impounded and placed in a special fund solely for the benefit of such annexed territory, its property owners and inhabitants, in the extension of municipal services and benefits and the making of municipal or public improvements in the annexed territory. SECTION 3: This Ordinance shall be in full force and effect from and after its enactment, approval by the Mayor, and le4al publication. Z L MEMBER OF THE COMMON COUNCIL let & 2nd READING 2 -27-67 OOMMITTEE OF THE WHOLE PUBLIC HEARING 5- 27 -68, continued 6- 10 -68, 6 -24 -68 3rd READING 6 -24 -68 NOT APPROVED REFERRED 2-27-67, Annexation Committee PASSED 6 -24 -68