HomeMy WebLinkAboutNo. 0081 authorizing acceptance of bid of Primich Warehouses, Inc. for land in the Sample Street Redevelopment AreaRESOLUTION NO. 81
RESOLUTION AUTHORIZING ACCEPTANCE OF BID OF PRIMICH
WAREHOUSES, INC. FOR LAND IN THE SAMPLE STREET REDE-
VELOPMENT AREA
WHEREAS Primich Warehouses, Inc., by George Primich, its President,
and Theodore Primich, its Vice- President- Secretary, has submitted a
written offer meeting the approved minimum price on Disposal Parcel
commonly referred.to as No. 1(g), Sample Street Redevelopment Project
Indiana R -7; and
WHEREAS the South Bend Redevelopment Commission has determined that
the acc ptance of this bid is in accordance with the approved dis-
posal p ogram for this area; and
WHEREAS the South Bend Redevelopment Commission has determined that
Primich Wh:es „ Inc. possesses the qualifications and financial
resources to acquire and develop the land in accordance with the
Urban Renewal Plan; and
WHEREAS,
by soli(
said bi(
the Comr
tion to
WHEREAS
Inc, is
uses in
NOW, TH]
offer of
square
which is
the land to be sold has previously been offered for sale
siting sealed bids; and more than 90 days have elapsed since
I opening with no bids having been received for said property,
fission therefore considers disposal of said land by negotia-
be the appropriate method of land disposition; and
the offer of 23.70 per square foot by Primich Warehouses,
satisfactory and is not less than the fair market value for
accordance with the Urban Renewal Plan.
REFORE, the South Bend Redevelopment Commission accepts the
Primich Warehouses, Inc. to acquire at a price of 23.7 per
oot and redevelop the designated Disposition Parcel 1(g)
known and described as follows:
Commencing at an existing Cross in the East sidewalk of Scott
Street at the intersection of Western Avenue, said Cross being
located on the South line of Western Avenue and Five Feet (5.001)
West of the East line of Scott Street; thence Southerly from said
Cross a distance of Nine Hundred Thirty -eight and Forty -nine Hun-
dredths Feet (938.491) to another existing Cross in the East side-
walk of Scott Street; thence continuing Southerly a distance of
One Hundred Feet (100.00`) to another existing Cross in the East
sidewalk of Scott Street (all these three (3) Crosses being in a
straight line and Five Feet (5.00') West of the East line of Scott
Street); thence continuing Southerly along a line projected through
the above said three (3) Crosses a distance of Seventy -one and
Seventy-one Hundredths Feet (71.711); thence turning a deflection
angle of Eighty -nine Derees, Fifty -seven Minutes, Thirty Seconds
(890 7' 30 ") right from the last described course extended and
running Westerly along this line a distance of Seventy -five Feet
(75.001); thence continuing Westerly along the last described course
extended a distance of Eighty -three and Eleven Hundredths Feet
(83.111); thence turning a deflection angle of Eleven Degrees, Fifty -
seven Minutes, Nineteen Seconds (110 57' 1911) left from the last
described course extended; thence Westerly along this line, which
is also the South line of the New York Central Railroad, a distance
of Fo r Hundred Ninety -two and Fifty -one Hundredths Feet (492.511)
-1-
Resoli
to the
Street
Two M:
descr:
is al:
Two ai
angle
(890
Easter
Thirt;
1 -E; i
seven
along
tance
(245.!
Minu
this
Rail
the
No. 81 - Continued
point of beginning, which is also on the East line of Chapin
thence turning a deflection angle of One Hundred Two Degrees,
nutes, Fifty -eight Seconds (1020 02' 5811) left from the last
bed course extended; thence Southerly along this line, which
o the East line of Chapin Street, a distance of Three Hundred
d Two Hundredths Feet (302.021); thence turning a deflection
of Eighty --nine Degrees, Fifty -four Minutes, Twenty -one Seconds
4' 2111) left from the last described course extended; thence
ly along this line a distance of Two Hundred Sixty -four and
Hundredths Feet (264.301) to the Southwest corner of Parcel
hence turning a deflection angle of Eighty -nine Degrees, Fifty -
Minutes, Thirty Seconds (890 57' 3011) left; thence Northerly
this line, which is also the West line of Parcel 1 -E, a dis-
of Two Hundred Forty -five and Ninety -three Hundredths Feet
31) to the Southerly line of the New York Central Railrod;
turning a deflection angle of Seventy -eight Degrees, Five
s, Eleven Seconds (780 05' 1111) left; thence westerly along
ine, which is also the Southerly line of the New York Central
,ad, a distance of Two Hundred Seventy and Eighty -four Hundred -
et (270.841) to the point of beginning, containing 72,519
feet; all located in South Bend, St. Joseph County, Indiana.
Adopt dl: t a regular meeting of the South Bend Redevelopment Commis-
sion e May 21, 1964 at the office of the Commission, 129 West
Colfa Avenue, South Bend, Indiana.
CITY OF SOUTH BEND
DEPARTMENT OF REDEVELOPMENT
r
President
ath Bend Redevelopment Commission
Sec a ary