HomeMy WebLinkAboutNo. 0899 declaring its intention to purchase real estate commonly known as 126 Niles Ave., South Bend, IN, and appropriating money for said purchaseRESOLUTION NO.899
A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION
DECLARING ITS INTENTION TO PURCHASE REAL ESTATE
COMMONLY KNOWN AS 126 NILES AVENUE, SOUTH BEND, INDIANA,
CW AND APPROPRIATING MONEY FOR SAID PURCHASE
WHEREAS, on December 16, 1986, the South Bend Board of Public
Works entered into a land contract agreement for the purchase of real
estate commonly known as 126 Niles Avenue, South Bend, St. Joseph
County, Indiana, which land contract is recorded in the Office of the
St. Joseph County Recorder as Document No. 8636566; and
WHEREAS, said land contract agreement was amended on February 3,
1987, which amendment is recorded in the Office of the St. Joseph
County Recorder as Document No. 8706320; and
WHEREAS, the South Bend Redevelopment Commission desires to
purchase said real estate; and
WHEREAS, the Board of Public Works desires to sell said real
estate to the Commission; and
WHEREAS, the Redevelopment Commission has received funds by
donation and such funds are available for the purchase of said real
Ce estate.
NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT
COMMISSION, AS FOLLOWS:
1. The South Bend Redevelopment Commission declares its
intention to purchase from the South Bend Board of Public Works real
estate located at 126 Niles Avenue, South Bend, St. Joseph County,
Indiana, and more fully described as follows:
A part of the Northeast quarter of Section 12,
Township 37 North, Range 2 East of the second
principal meridian, City of South Bend, Portage
Township, St. Joseph County, Indiana being Lot 92
in the original plat of the Town of Lowell, and
described as follows:
Beginning at the Northwest corner of said Lot 92;
thence South 89 °58140" East, 165.69 feet, to the
West right -of -way of a 14 foot alley; thence South
0 004156" East, on said alley West right -of -way, 66
feet; thence North 89 058140" West, on the South
GO boundary of said Lot 92, to the East right -of -way
of Niles Avenue, 165.77 feet; thence North
0 000125" West, on said East right -of -way, 66 feet,
to the point of beginning.
2. The Purchase Price shall be Fourteen Thousand Twenty Dollars
($14,020.00).
3. The amount of Fourteen Thousand Twenty Dollars ($14,020.00)
for said purchase is hereby appropriated from donated funds available
to the Commission.
4. It is the intention of the Redevelopment Commission to accept
from the Board of Public Works a deed transferring a fee simple
interest in the property free and clear from the interest of the land
contract sellers.
Adopted this 17th day of November, 1989.
A T:
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r
Roman Piasecki, Secretary
CVP /MISC:RES -REDEV
, Pres-bie -ht