HomeMy WebLinkAboutNo. 0062 authorizing acceptance of bid for land in the Sample Street Redevelopment AreaWHEREAS,
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RESOLUTION NO. 62
RESOLUTION AUTHORIZING ACCEPTANCE OF BID FOR
LAND IN THE SAMPLE STREET REDEVELOPMENT AREA
Bruce W. Watkins, Harry B. Melander and James W. Whalen,
3iness as a general partnership under the firm name and
"Merrifield Metal Products" of Mishawaka, Indiana, has
i a written offer meeting the approved minimum price on
Parcel commonly referred to as No. 1(d), Sample Street
)ment Project Indiana R -7; and
WHEREAS, the South Bend Redevelopment Commission has determined that
the aces tance of this bid is in accordance with the approved disposal
program gor this area; and
WHEREAS, the South Bend Redevelopment Commission has determined that
the Merrifield Metal Products possesses the qualifications and finan-
cial resources to acquire and develop the land in accordance with the
Urban Renewal Plan; and
WHEREAS, the land to be sold has previously been offered for sale by
soliciting sealed bids; and more than 90 days have elapsed since
said bid opening with no bids having been received for said property,
the Comm ssion therefore considers disposal of said land by negotia-
tion to be the appropriate method of land disposition; and
WHEREAS, the offer of 23.70 per square foot by Merrifield Metal
Products is satisfactory and is not less than the fair market value
for uses in accordance with the Urban Renewal Plan,
NOW, THEREFORE, the South Bend Redevelopment Commission accepts the
offer of the Merrifield Metal Products to acquire at a price of 23.70
per square foot and redevelop the designated Disposition Parcel 1(d)
which is 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
Hundredths Feet (938.491) to another existing Cross in the East
sidewalk of Scott Street; thence continuing Southerly a distance
of One Hundred Feet (100.001) to another existing Cross in the
East sidewalk of Scott Street (all these three (3) Crosses being
in a straight line and Five Feet (5.001) 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 deflec-
tion a gle of Eighty -nine Degrees, Fifty -seven Minutes, Thirty
Second (890 57' 30 ") right from the last described course extended
and running Westerly along this line a distance of Seventy -five
Feet (75.001); thence Southerly on a Line parallel to and Seventy -
five F et (75.001) West of the Line established by the three (3)
previo sly described existing Crosses in the East sidewalk of
Scott 5treet a distance of Three Hundred and Thirty -five Feet
(335.0)1) to the point of beginning; thence continuing Southerly
along he last described course a distance of One Hundred Thirty -
five Feet (135.001); thence turning a deflection angle of Eighty -
nine grees, Fifty -seven Minutes, Thirty Seconds (890 57' 3011)
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from last described course extended; thence Westerly along
ine a distance of One Hundred Seventy Feet (170.001);
Northerly parallel to the East line of this Parcel a
ce of One Hundred Thirty -five Feet (135.001); thence Easti.-
arallel to the South Line of this Parcel a distance of
ndred Seventy Feet (170.001) to the point of beginning;
ning 22,950 square feet, all located in South Bend,
seph County, Indiana.
t a regular meeting of the South Bend Redevelopment Commission
6, 1963, at the office of the Commission, 129 West Colfax
outh Bend, Indiana.
CITY OF SOUTH BEND
DEPARTMENT OF REDEVELOPMENT
P
S BEND REDEVELOPMENT COMMISSION