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HomeMy WebLinkAboutNo. 1428 approving the transfer of real property to the COSBResolution No. A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION APPROVING THE TRANSFER OF REAL PROPERTY TO THE CITY OF SOUTH BEND, INDIANA WHEREAS, the City of South Bend, Indiana, Department of Redevelopment (Redevelopment) is the owner of the following described real property situated in St. Joseph County, Indiana: That part of the Northeast Quarter of Section 13, Township 37 North, Range Two East, City of South Bend, St. Joseph County, Indiana, which is described as: Beginning at a point on the North line of Keasey Street which is South 89 degrees 38 minutes 03 seconds East, 35.00 feet from the Southwest corner of Lot 99 as shown on the recorded Plat of "Wenger & Krieghbaum's 1st Addition;" thence North 1 degree 03 minutes 32 seconds East, 606.33 feet to a 5/8" capped rebar set on the South line of Sample Street which is South 89 degrees 10 minutes 03 seconds East, 35.00 feet from the Northwest corner of Lot 1 as shown on said recorded Plat; thence South 89 degrees 10 minutes 03 seconds East, 213.55 feet; thence South 56 degrees 06 minutes 12 seconds East, 177.69 feet; thence South 60 degrees 49 minutes 39 seconds East, 54.83 feet; thence South 56 degrees 50 minutes 24 seconds East, 279.71 feet; thence South 57 degrees 10 minutes 37 seconds East 207.90 feet; thence South 00 degrees 12 minutes 10 seconds West, 216.90 feet; thence North 89 degrees 38 minutes 03 seconds West, 828.22 feet to the Point of Beginning. Containing 8.73 acres (hereinafter referred to as the Real Property), and; WHEREAS, pursuant to I.C. 36- 7 -14 -3, the South Bend Redevelopment Commission (Commission) is the governing body of the City of South Bend, Department of Redevelopment and, pursuant to I.C. 36 -7 -14 -12.2 may dispose of the Real Property; and WHEREAS, Redevelopment, through the Commission, is desirous of transferring the Real Property to the City of South Bend, Indiana, with the understanding that the City of South Bend, Indiana, through its Board of Public Works, will subsequently dispose of the Real Property to the Family & Children's Center Properties Management, Inc., an Indiana non - profit corporation, exempt from income taxation under Section 503(c) of the Internal Revenue Code, for use in the redevelopment of the Sample -Ewing Development Area, specifically, the development of a new Boys and Girls Club facility; and WHEREAS, pursuant to I.C. 36- 1 -11 -8, Redevelopment, acting through the Commission and the City, acting by and through the Board, may exchange or transfer property with one another upon terms and conditions agreed upon by the two (2) entities as evidenced by the adoption of substantially identical resolutions of each entity; and WHEREAS, the Board of Public Works, at its meeting of April 22, 1996 will consider its Resolution No. accepting the transfer of the Real Property to the City for $1.00 and upon the terms described hereinabove. NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT COMMISSION AS FOLLOWS: 1. That the transfer of the Real Property situated in St. Joseph County, Indiana, and generally described as follows: That part of the Northeast Quarter of Section 13, Township 37 North, Range Two East, City of South Bend, St. Joseph County, Indiana, which is described as: Beginning at a point on the North line of Keasey Street which is South 89 degrees 38 minutes 03 seconds East, 35.00 feet from the Southwest corner of Lot 99 as shown on the recorded Plat of "Wenger & Krieghbaum's 1st Addition;" thence North 1 degree 03 minutes 32 seconds East, 606.33 feet to a 5/8" capped rebar set on the South line of Sample Street which is South 89 degrees 10 minutes 03 seconds East, 35.00 feet from the Northwest corner of Lot 1 as shown on said recorded Plat; thence South 89 degrees 10 minutes 03 seconds East, 213.55 feet; thence South 56 degrees 06 minutes 12 seconds East, 177.69 feet; thence South 60 degrees 49 minutes 39 seconds East, 54.83 feet; thence South 56 degrees 50 minutes 24 seconds East, 279.71 feet; thence South 57 degrees 10 minutes 37 seconds East 207.90 feet; thence South 00 degrees 12 minutes 10 seconds West, 216.90 feet; thence North 89 degrees 38 minutes 03 seconds West, 828.22 feet to the Point of Beginning. Containing 8.73 acres for $1.00 and under the conditions set forth hereinabove, by the City of South Bend, Indiana, Department of Redevelopment to the City of South Bend, Indiana, shall be, and hereby is, approved. 2. That the President and Secretary of the South Bend Redevelopment Commission shall be, and hereby are, authorized, respectively, to execute and attest to the execution of a quitclaim deed conveying all of the right, title and interest of the City of South Bend, Indiana. 3. That this Resolution shall be in full force and effect upon its adoption by the South Bend Redevelopment Commission. ADOPTED at a meeting of the South Bend Redevelopment Commission held at 1300 County -City Building, 227 W. Jefferson Boulevard, South Bend, Indiana 46601 on April 19, 1996. SOU BEND R,�EDIEVE PMENT COMMISSION GL�� /y Paula N. Auburn, President ATTEST: William P. H Secretary