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HomeMy WebLinkAbout6D(1) Termination of Covenants~ ~ C ~~ SpUTH 6 ~V~~\~ee ice ~~j Community & Economic Development ``~~=- ~ ~~U~r---~- ~ ~a?. 7865 1200 County-City Building, 227 West Jefferson, South Bend, Indiana 46601-1830 Phone 574/235-9371 Fax 574/235-9021 To: Redevelopment Commission From: David Relos, Economic Development Planner (,~/ Subject: Termination of Covenants and Restrictions u4 Ivy Tech /Habitat for Humanity Date: August 20, 2010 In 2006, the Redevelopment Commission deeded several parcels of land along East Sample Street to Habitat for Humanity. The Contract for Sale of these parcels included a redevelopment agreement. This redevelopment agreement contained deed restrictions and covenants running with the land. Upon completion of the redevelopment, a Certificate of Completion would be granted, and the deed restrictions and covenants would be released. Since the redevelopment of these parcels was never completed, the Certificate of Completion was not granted, and the deed restrictions and covenants remain in place. This property has recently been acquired and donated to Ivy Tech for their campus expansion. Ivy Tech has requested these deed restrictions be terminated. Since the deed restrictions pertain to Habitat's redevelopment of the real estate, and since Habitat no longer owns this real estate, Staff requests your approval of this Termination of Covenants and Restrictions, which will remove the deed restrictions put in place in 2006. What We Do Today Makes A Difference! RETURN TO: SOUTH BEND DEPARTMENT OF REDEVELOPMENT 1200 COUNTY-CITY BUILDING SOUTH BEND, IN 46601 AUDITOR'S RECORD TRANSFER NO. TAXING UNIT DATE KEY NO. 018-7008-0300 TERMINATION OF COVENANTS AND RESTRICTIONS For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the City of South Bend, Indiana, Department of Redevelopment, of St. Joseph County, Indiana, does hereby ternlinate, release and forever discharge from the real property described in EXHIBIT A, attached hereto, situated in St. Joseph County, Indiana, those certain covenants and restrictions contained in Section I, Section II and Section III of the Quit Claim Deed dated June 23, 2006, from the City of South Bend, Department of Redevelopment (Grantor) to Habitat for Humanity, St. Joseph County (Grantee) recorded June 30, 2006, in the Office of the Recorder of St. Joseph County, Indiana, as Instrument No. 0628019; and The South Bend Redevelopment Commission does hereby ternlinate, release and forever discharge from the real property described in EXHIBIT A, attached hereto, situated in St. Joseph County, Indiana, those certain covenants and restrictions contained in the Contract for Sale of Land for Private Development dated March 10, 2006, between the South Bend Redevelopment Commission and Habitat for Humanity, St. Joseph County recorded June 29, 2006, in the Office of the Recorder of St. Joseph County, Indiana, as Instrument No. 0627816. This document shall constitute a full termination and release of the above-described covenants and restrictions on the above-described real estate. The undersigned persons executing this Termination of Covenants and Restrictions on behalf of the City of South Bend. Indiana, Department of Redevelopment, and the South Bend Redevelopment Commission represent and certify that each is a duly appointed member of the South Bend Redevelopment Commission, the statutory controlling authority of the City of South Bend Department of Redevelopment and has been fully empowered by a proper meeting and vote of the South Bend Redevelopment Commission to execute and deliver this document and in doing so is not violating any other agreement for which either is a party; that the South Bend Redevelopment Commission has full legal capacity to release the above-described covenants and restrictions and that all action necessary to authorize the release of the above-described covenants and restrictions on behalf of the City of South Bend, Department of Redevelopment, has been duly taken. Dated this ATTEST: ignciture Printer n'un~e anc 7il e Date: South Bend Redevelopment Commission STATE OF INDIANA ) SS: ST. JOSEPH COUNTY ) CITY OF SOUTH BEND, DEPARTMENT OF REDEVELOPMENT i~nanu~e Print<~r A4one ane Ti[ e Date: South Bend Redevelopment Commission Before me, the undersigned, a Notary Public in and for said County and State, this day of August, 2010, personally appeared and to me kno~~n to be the and the respectively. of the South Bend Redevelopment Commission, and acknowledged the execution of the foregoing Termination of Covenants and Restrictions. IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed my official seal. (SEAL) Commission expires: Notary Public Resident of St. Joseph County, Indiana I af7inn. under the penalties irn~ perjun~. that I ha~~e taken reasonable care to react each Social Security number in this document, unless required by la~o~. Lati~rencc J. yletci~~er day of August, 2010. Prepared by Lawrence J. Meleiver, Assistant City Attorney, 1400 County-City Building. 227 W. Jefferson Blvd., South Bend, Indiana 46601,(574)235-9294. EXHIBIT A Leal Description PARCEL II: Lot Numbered Four (4) as shown on the recorded Plat of J.F. Kirby's Addition to the City of South Bend, recorded June 21, 1869 in Plat Book 2, page 56 in the Office of the Recorder of St. Joseph County, Indiana, together with the North-half of a vacated alley lying South and adjacent to said lot, also together with the East-half of a vacated alley lying West and adjacent to said lot. PARCEL III: Lot Numbered Five (5) as shown on the recorded Plat of Kirby's Addition to South Bend recorded June 21, 1869 in Plat Book 2, page 56 in the Office of the Recorder of St. Joseph County, Indiana, excepting therefrom a lot or parcel of land Thirty-six (36) feet North and South off of and from the entire South side, together with the West one-half of the vacated alley lying East and adjacent to said Lot. PARCEL IV: A lot or parcel of land 36 feet in width, North and South, taken off of and from the entire width of the South end of Lot Numbered Five (5) as shown on the recorded Plat of J.F. Kirby's Addition to the City of South Bend. recorded June 21, 1869 in Plat Book 2, page 56 in the Office of the Recorder of St. Joseph County, Indiana, together with the North-half of a vacated alley lying South and adjacent to said lot, also together with the West-half of a vacated alley lying East and adjacent to said lot. PARCEL V: The West Half of Lot Numbered Six (6) as shown on the recorded Plat of John F Kirby's Addition to the City of South Bend, recorded June 21, 1869 in Plat Book 2, page 56 in the Office of the Recorder of St. Joseph County. Indiana, together with the North 1 /2 vacated alley lying South and adjacent to said Lot. PARCEL VI: The East Half (1 /2) of Lot Numbered Six (6) as shown on the recorded Plat of John F. Kirby's Addition recorded in Plat Book 2, page 56 in the Office of the Recorder of St. Joseph County, Indiana, together with the North one-half of the vacated alley lying South adjacent to said Lot. PARCEL VII: The West Half of Lot Numbered Seven (7) as shown on the recorded Plat of John F. Kirby's Addition to the City of South Bend, recorded June 21, 1869 in Plat Book 2, page 56 in the Office of the Recorder of St. Joseph County. Indiana, together with the North 1/2 vacated alley lying South and adjacent to said Lot- PARCEL VIII: The East Half of Lot Numbered Seven (7) as shown on the recorded Plat of John F. Kirby's Addition to the City of South Bend, recorded June 21, 1869 in Plat Book 2, page 56 in the Office of the Recorder of St. Joseph County, Indiana, together with the North 1/2 vacated alley lying South and adjacent to said Lot. PARCEL IX: Lot Numbered Eight (8) as shown on the recorded Plat of J. F. Kirby's Addition (Legal Desc~°iption continued on next page) to the City of South Bend recorded June 21, 1869 in Plat Book 2, page 56 in the Office of the Recorder of St. Joseph County, Indiana and the North 1 /2 of the vacated alley lying South and adjacent. Common Address: 412 E. Sample Street, South Bend, hidiana 46610 Tax Key No. 018-7008-0300