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HomeMy WebLinkAboutNo. 0427 authorizing execution of the redevelopment agreement for disposition of land, execution of quit claim deed(s) for transfer of title thereto in connection with land to be disposed of in Central Downtown Project, IN R-66D 4 RESOLUTION N0. 427 RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION, GOVERNING BODY OF THE CITY OF SOUTH BEND, DEPARTMENT OF REDEVELOPMENT AUTHORI- ZING THE EXECUTION OF THE REDEVELOPMENT AGREEMENT FOR THE DISPOSITION OF LAND AND THE EXECUTION OF QUITCLAIM DEED (S) FOR THE TRANSFER OF TITLE THERETO IN CONNECTION WITH LAND TO BE DISPOSED OF IN THE CENTRAL DOWNTOWN PROJECT, INDIANA R -66. WHEREAS, the City of South Bend, Department of Redevelopment is carrying out the Urban Renewal for an area known as the Central Downtown Project pursuant to the Urban Renewal Plan for Project No. Indiana R -66 adopted by the Council of the City of South Bend, Indiana by Resolution No. 193 -68 on the 10th day of September 1968, and; WHEREAS, the Urban Renewal Plan calls for the sale for redevelopment by public or private agencies of all acquired land in accordance with the provisions of said plan; and WHEREAS, the following redevelopers have submitted a proposal to redevelop certain parcels within. the Central Downtown Project and that said proposal has been processed in accordance with all applicable Statutes of the State of Indiana and rules and regulations and the Federal Statutes governing the sale of Urban Renewal land with said parcels being: DISPOSITION PARCEL NUMBER ------------------- - - - - -- 5 -1A (Part of 5 -1) as described in Exhibit A- attached hereto and made a part hereof 0 City of South Bend, Indiana NOW, THEREFORE BE IT RESOLVED, by the South Bend Redevelopment Commission, Governing Body of the City of South Bend, Department of Redevelopment that the Executive Director of the Department of Redevelopment is authorized to prepare a Redevelopment Agreement and a Quitclaim Deed (s) for the purpose of conveying said land to the proposed redeveloper; and FURTHER, that the President of the South Bend Redevelopment Commission is authorized to execute said Redevelopment Agreement and Quitclaim Deed (s) and that the Secretary of the Commission is hereby authorized to attest said Agreement and Deed (s). Adopted at the Regular Meeting of the South Bend Redevelopment Commission held on October 6, 1972, in the office of the Commission, Room 1200 County -City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601. CITY OF SOUTH BEND, INDIANA DEPARTMENT OF REDEVELOPMENT Fre linen, President ATTEST: I q"_V4"e_ � Rev. Willie V. Williams, Secretary (SEAL) EXHIBIT A LEGAL DESCRIPTION '= TRACT A 1! A tract of land in the Northwest Quarter (1/4). Section E 12, Township 37 North, Range .2 East, Portage Township, City of South Bend, St.. Joseph County,.Indiana, more particularly described as "follows: i Beginning at a point on the east line of St. Joseph Street 96.25' south of the centerline of Jefferson Boulevard; thence N 000 241. 52" W on and along the east line of St. Joseph Street 757.601. to the PC of a 615.46' radius curve to the left;. - thence continuing_on and along the east line on said 615.46 . j -- - - -- - - -- radius curve, .a chord distance.. -of 213.76' bearing N 10 °. 24' 52" W_, an arc distance of 214.841. to. the PT of said curve;: .thence con- tinuing on and along said east line of said St. Joseph Street on a bearing of N 200 24' 52 W a distance'of 32.55';.thence N 310 13' 38" E, a distance of 49.291.to. the south line of Colfax Avenue; thence N 890 391,3811 E on and along the south line of Colfax Avenue a distance of-96.09 feet to a point on the west water's edge of the St. Joseph "River; thence southerly and easterly along said west water's. edge of the St. Joseph River; a distance of 85.191; thence S 450 301. 56" W,.a distance of 33.161;.then6e S 370 25' "58"' E, a distance of 3.871;.thence S 510 28' 27" W, .a distance - of 22.:70' ; . thence S" 42°. 29' - 3 E a distance of 17.39' ; . thence S 340.' 46.' 56" W, a distance 'of 2.91';. thence S 131 59' 36" E, a dis- tance of 6.45';. thence S 140 29' 46" E, a distance of 83.42 feet; thence S 46.0 481-33" W a distance of 93.84';.thence S 420 04' 22 E,. a distance 'of 62.17'; . thence S 480 02' .48" W," a distance of 15.031;. thence southerly and easterly along a retaining wall a distance of 450.61' thence S 710 301 . 02 E, :a distance of 124* 871 ;. thence S 600 55" 27" E, a distance of 146.451;.thence S 420 27'.53" E, a distance of "-129.18';_ thence S 740 241. 32 "E,.a distance of 111.26' to a point on the north line of Jefferson Boulevard, the last four courses being along the west water's edge of the St. Joseph River; thence S'890' 40' 07"* W a distance 'of. 106.00' ;. thence N WO 19' 53" W a distance of 1.25 feet to the PC of a 360.81' radius curve.to the left; thence on and along said 360.811- radius curve to the left a chord distance of 316.42' -bearing S 630 391.42 W,..an arc distance'of 327.551;.thence S 890 38' 42" W, a distance of 405 .06' to the east line -of St. Joseph Street,. - said point being the place of beginning. Said tract containing 292,700. square .feet (6.72 "Acres)` more 'or less.