HomeMy WebLinkAboutNo. 0316 authorizing acceptance of bid for land in the Industrial Expansion Project, IND R-56RESOLUTION NO. 316
RESOLUTION AUTHORIZING ACCEPTANCE OF BID FOR LAND IN THE
INDUSTRIAL EXPANSION PROJECT, IND. R -56
WHEREAS, South Bend Supply Company, Inc., 324 South St. Joseph Street,
South Bend, Indiana, has submitted a written offer meeting the approved minimum
price on isposition Parcel commonly referred to as Parcel No. 1 and Parcel No.
2, Indust ial Expansion Project, Ind. R -56; and
WHERE S, the South Bend Redevelopment Commission has determined that the
acceptance of this bid is in accordance with the approved disposal program for
this area; and
WHERE S, the offer of Seventy Six Thousand, Seven Hundred and Ninety -
Three Doll rs and Seventy Four Cents ($76,793.74) for Parcel No. 1 and Fifty
Three Thou and Four Hundred and Fifty Five Dollars and Ninety Nine Cents
($53,455.9)) for Parcel No. 2 by South Bend Supply Company, Inc. is satis-
factory ani is not less than the offering price of the Commission for uses
in accorda ce with the Urban Renewal Plan, which offering price was submitted
to and app oved by the Department of Housing and Urban Development
NOW, THEREFORE, THE SOUTH BEND REDEVELOPMENT COMMISSION accepts the offer
of South Bend Supply Company, Inc. to acquire at a price of One Hundred and
Thirty Thousand Two Hundred and Forty Nine Dollars and Seventy Three Cents
($130,249.73) and redevelop the designated Disposition Parcels No. 1 and No.
2 which is known and described as follows:
See Schedule B Attached,
Adopted at the Regular Meeting of the South Bend Redevelopment Commission
held Septe ber 18, 1970 at the office of the Commission, 1200 County -City Bldg.,
South Bend, Indiana.
Attest:
e Y.
SEAL
3
e
CITY OF SOUTH BEND
DEPARTMENT OF REDEVELOPMENT
441mt ,;4
Dean J. Wilh , President
SCHEDULE B
DESCRIPTION OF PROPERTY
DISPOSITION PARCEL -1
Lots 1, 2, 3, 4, 5 & 6 and part of Lots 7, 8, 9, 10, 11 & 12 in the
recor ed plat of Raff's Second Addition, Lot 1 and part of Lots 2, 11 &
12 in the recorded plat of Raff's First Addition and Lots 1, 2, 13 & 14 and part.
of Los 3 and 12 in Lewis First Addition all in the northeast 1/4 of Section 15,
Township 37 North, Range .2 East more particularly described as follows:
Beginning at a point on the north line of Lot 12 in said Raff's
Second Addition 17.04 feet easterly along the north line and measured from
the northwest corner of said lot; thence easterly 418.66 feet along the
north lines of Lots 12 and l of Raff's Second Addition and Lots 1 and 2 of
Raff's First Addition; thence southerly 410.70 feet, at a right angle to.
the last described course; thence 130.90 feet southerly along an arc to
the right having a radius of 50.0 feet and subtended by a long chord of
96.59 feet; thence southerly 10.00 i.eet at right angle to the first de-
scribeJ course to a line 514.00 feet southerly, measured at a right angle,
of and parallel to the north line of Lots 1, 2, 3 and 4 of Raff's First Ad-
dition thence westerly 572.03 feet along a line 514.00 feet southerly,
measur d at right angle, of and parallel to the north line of Lots 1, 2, 3
and 4 f Rar'f's First Addition to the west line of Lot 3 of Lewis First
Addition; thence northerly 273.46 feet along the west line of Lots 3, 2
and 1 of Lewis First Addition and Lot 7 of Raff's Second Addition to a
point 0.04 feet northerly of the southwest corner of Lot 7 of Raff's
Second Addition; thence northeasterly 273.13 feet along a line 15:00 feet
southe sterly, measured at right angle, of and parallel to the northwest
side o, Lots 8, 9, 10, 11 and 12 to the point of beginning including the
vacatec streets and alleys within said parcel, subject to a 10 feet wide ease-
ment across the entire south side of said parcel, containing 264,806 square
feet, nore or less or 6.08 acres for a Purchase Price- of Seventy Six Thousand,
Seven 'undred and Ninety Three Dollars and Seventy Four Cents ($76,793.74).
DISPOSITION PARCEL 2
L is 3 and 4 and Part of Lots 2, 9, 10 and 11 of the recorded ,Plat of
Raff's First Addition, a subdivision in the northeast 1/4 of Section 14,
Township 37 North, Range 2 east more particularly described as follows:
Beginning at a point on the north line of said Lot 2, 485.70 feet
easterly of the northwest corner of Loty of Raff's Second Addition;
thence southerly 410.70'feet at a right angle to the north line of Lots
1, 2; and 4 of Raff's First Addition; thence 130.90 feet southerly along
an arc to the left having a ^adius of 50.0 feet and subtended by a long
chord of 96.59 feet; thence southerly 10.0 feet a t 'a right angle to the
north line of Lots 1, 2, 3 and 4 of Raff's First Addition to a line 514.00
feet southerly, measured at right angle, of and parallel to the north line
of.Lots 1, 2, 3 and 4 of Raff's First Addition; thence easterly 386.95 feet
southerly, measured at right angle, of a parallel to a point on the east
line of said Lot 9, said point is 225.05 feet southerly, measured along
the east line, of the northeast corner of said Lot 9, thence northerly
5114.00 feet along the east line of Lots 9 and 4 to the northeast corner of
Lot 4; then6e westerly 360.09 feet along the north line of Lots 4, 3 and 2
to the Doint of beginning including the vacated streets and alleys, subject
to,a 10 feet wide easement across the entire south side of said parcel, con-
taining 184,331 square feet, more or less, or 4.23 acres for a Purchase
Price o Fifty Three Thousand Four Hundred and Fifty Five Dollars and Ninety
Nine Cents ($53,455.99).