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HomeMy WebLinkAboutNo. 0932 indicating its intention to transfer certain real estate to the SBRA• a RESOLUTION N0. 932 A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION INDICATING ITS INTENTION TO TRANSFER CERTAIN REAL ESTATE TO THE SOUTH BEND REDEVELOPMENT AUTHORITY WHEREAS, the South Bend Redevelopment Commission owns certain parcels of real estate in that portion of the South Bend Central Development Area generally known as the East Bank area, which parcels are more fully described in Exhibit A attached hereto and made a part hereof; and WHEREAS, the parcels are in need of improvement; and WHEREAS, the Commission lacks the necessary funds to perform the improvement; and WHEREAS, pursuant to I.C. 36- 7- 14.5 -19, the South Bend Redevelopment Authority is authorized to issue bonds in order to finance public improvements as set forth in I.C. 36 -7- 14.5 -11; and WHEREAS, pursuant to I.C. 36- 7 -14 -22 and I.C. 36 -7- 14.5 -18, the Commission may transfer property to the Redevelopment Authority for improvements by the Authority consistent with the purposes set forth in I.C. 36 -7 -14.5; and WHEREAS, the Commission desires to transfer said property to the Authority for such improvement. NOW, THEREFORE, BE IT ORDAINED by the South Bend Redevelopment Commission as follows: The parcels of land within that portion of the South Bend Central Development Area commonly known as the East Bank area, which parcels are more completely described in Exhibit A attached hereto and incorporated herein, shall be transferred to the South Bend Redevelopment Authority pursuant to and consistent with the purposes set forth in I.C. 36 -7 -14.5. The President or the Vice - President and the Secretary of the Commission are the proper parties to execute the deeds transferring the parcels. Adopted at a meeting of the South Bend Redevelopment Commission held on April 20, 1990 at the office of the Commission, 1200 County -City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601. SOUTH BEND REDEVELOPMENT COMMISSION JAY 7 IMTZ, PRESIDENT ATTEST: Roman Piasecki Secretary R3RN:R- TRANSFER EXHIBIT A Part of the West Half of the Northeast Quarter, Section 12, Township 37 North, Range 2 East in Cottrell's Addition, City of South Bend, St. Joseph County, Indiana, described as commencing at the Northeast corner of part of Lot Numbered Five (5); thence due South for 131.79 feet; thence West for 60 feet; thence due North to the South right -of -way line of Washington Street vacated for 132.27 feet; thence East for 70 feet back to the point of beginning. Commencing at the Southwest corner of Lot One (1) in Heck's Addition, also situated in the West Half of the Northeast Quarter of Section 12, Township 37 North, Range 2 East; thence West along the North side of Jefferson Boulevard for 290.00 feet to the point of beginning; thence Northwest for 111.26 feet; thence Northwest for 129.18 feet; thence Northwest for 146.45 feet; thence Northwest for 124.87 feet; thence Southeast running along the West side of the St. Joseph River for approximately 380.00 feet, also being the North side of Jefferson Boulevard; thence East for 145.00 feet back to the point of beginning. Commencing at the Northeast corner of Monroe Street and Lincolnway East, also being the Southeast corner of Tract 8 in the River Bend Addition and situated in the West Half of the Southeast Quarter of Section 12, Township 37 North, Range 2 East; thence 399.68 feet along the East line of said tract to the point of beginning; thence South 52 007142" W$st, 190.00 feet; thence North 46 02'06" West, 180.00 feet; thence North 65 47118" West, 460 feet; thence North 38 °42'21" West 236.98 feet; thence North 70 006130" West, 50.00 feet; thence North 04x39'38" West, 40.00 feet; thence North 65 42129" East, 10.00 feet; thence North 25 39111" West, 25.12 feet; thence North 25 046129" West, 232.03 feet; thence North 53 10'13" West, 10 76 feet; thence North 25 °55'32" West, 906 64 feet; thence North 1947'16" West, 156.66 feet; thence North 8740'09" East, 94.06 feet; thence South 28 059'50" East, 145.12 feet; thence South 23 006110" East, 14$.73 feet; thence South 26 026127" East, 14$.84 feet; thence South 20 04'37" East, 152.26 feet; thence South 22 53'19" East, 167.55 feet; thence South 34 °56'19" East, 224.42 feet; thence South 31 °26'14" East, 15.37 feet; thence South 45 043142" East, 161.61 feet; thence South 64 47126" East, 159.34 feet; thence South 68 04'55" East, 228.93 feet; thence South 76 010138" East, 234.62 feet back to the point of beginning. i A C,