Conveyance of Real Estate Owned by Said City for Park Purposes

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freeholders of the City of South Bend, Indiana, to appraise the above described parcels of real estate, Section 2, That the parcel of real estate owned by the City of South Bend, Indiana, described as follows, to -suit: Beginning at a point that is 372 feet East of the West boundary line of Section No. 2, Township 37 North, Range-2 East, and 400 feet South of the South line of Elwood Avenue, thence East on a line parallel with the South line of said Elwood Avenue a distance of 108 feet; thence South on a line parallel with the West boundary line of said Section No. 2; Township 37 North, Range 2 East a distance of 738 feet; thence West 108 feet on a line parallel with the South side of said Elwood Avenue; thence North a distance of 738 feet to the place of beginning. be exchanged for the parcel of real estate owned by Drewrys Limited, U.S.A., Inc., an Indiana Corporation, described as follows, to -wit: Beginning on the North line of Vassar Avenue a distance of 450 feet East of the East line of Wilber Street in the City of South Bend, Indiana, as the street existed on November 73 1947, as a beginning point, thence North 500,4 feet parallel to said East line of Wilber Street, thence East parallel to the North line of said Vassar Avenue 300 feet, thence South on a line parallel with said East line of Wilber Street a distance of 332,9 feet more or less to the West line of the right- ofway of the Chicago, South Bend and Southern Railroad, thence South- westerly along said railroad right-of-way 210,5 feet to the North line of Vassar Avenue, thence West along said line 181.7 feet to the place of beginning. providing that the appraised value of the real estate owned by said Drewrys Limited, U.S.A., Inc, shall be in an amount not less than the appraised value of 'the said teal estate owned by the City of South Bend, Indiana, in which event) the Mayor of the City of South Bend, Indiana, is hereby Authorized, empowered and directed to convey said described real estate by a deed executed by the Mayor in the name of this City, attested by the City Clerk, with the seal of said City affixed thereto, in exchange for the conveyance from said Drewrys Limited, U.S.A., Inc., of its said described parcel of real estate by delivery of good and sufficient warranty deed to the City of South Bend, Indiana, for the use and benefit of its Department of Public Parks