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HomeMy WebLinkAbout1998-07-13 Resolution 127~' ~. Resolution No. 127 A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT AUTHORITY APPROVING. THE TRANSFER OF REAL PROPERTY TO THE SOUTH BEND REDEVELOPMENT COMMISSION WHEREAS, the South Bend Redevelopment Authority ("Authority) is the owner of a parcel of real property'situated in St. Joseph County, Indiana, described at Exhibit A ("Real Property"); and WHEREAS, pursuant to I.C. 36-7-14.5-12, the Authority may dispose of real-property; and WHEREAS, Pursuant to I.C. 36-1-11-8, the Authority may exchange or transfer property with another governmental entity upon terms and conditions agreed upon by the two (2) entities as evidenced by the adoption of substantially identical resolutions of each entity; and WHEREAS, the Authority is desirous of transferring .the Real Property to the City of South Bend, for the use and benefit of its • Department of Redevelopment so that the property may be sold for purposes of development. NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT AUTHORITY AS FOLLOWS: 1. That the transfer of the Real Property situated in St. Joseph County, Indiana, and generally described at Exhibit A to the City of South Bend, for the use and benefit of its Department of Redevelopment for the sum of One Dollar ($1.00) shall be, and hereby is, approved. 2. That the President and Secretary of the Authority shall be, and hereby are, authorized, respectively, to execute and attest to the execution of a quitclaim deed conveying all of the right, title and interest of the City of South Bend, Indiana in and to the Real Property to the City of South Bend, for the use and benefit of its Department of Redevelopment upon the occurrence of the conditions set forth immediately above. 3. That this Resolution shall be in full force and effect • upon its adoption. ADOPTED at a meeting of the South Bend Redevelopment Authority • held on July 13, 1998, at 1308 County-City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601. SOUTH BEND REDEVELOPMENT AUTHORITY w Carolyn Pfo- hauer, President ATTEST: ~ 4. J se Alvarez, Secretar L J • LEGAL DESCRIPTION: TWO A .RE OPTION PARCEL ,(,SOLT7~i OF T.OT 2_ BLAC~~ORN MINOR X61 A PARCEL OF LAND BEING A PART OF THE NORTHWEST QUARTER OF SECTION 29, TOWNSHIP 3S NORTH, RANGE 2 EAST, GERMAN TOWNSHIP, CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COI~~Ilv1ENCING AT THE NORTH QUARTER CORNER OF SAID SECTION 29; THENCE,. FOR THE NEXT FIVE COURSES ALONG THE BOUNDARY OF LOT 1D IN BLACKTHORN CORPORATE OFFICE PARK MINOR SUBDIVISION N0.3, RECORDED AS INSTRUMENT NCJMBER 9536275 IN THE OFFICE OF THE RECORDER OF ST. JOSEPH COUNTY, INDIANA, SOUTH 0 DEGREES 10 MINUTES 44 SECONDS BAST, A DISTANCE OF 970.00_ FEET; THENCE NORTH 89 DEGREES 27 MINUTES 09 SECONDS WEST, A DISTANCE OF 750.00 FEET; THENCE NORTH 52 DEGREES 59 MINUTES 49 SECONDS WEST, A DISTANCE OF 689,95 FEET; THENCE NORTH 0 DEGREES 10 NIIIVLJTES ~t4 SECONDS WEST, A DISTANCE OF 275.85 FEET TO THE POINT OF BEGINNING; THENCE CONTINUING NORTH 0 DEGREES 10 MINUTES 44 SECONDS • WEST, A DISTANCE OF 172.15 FEET; THENCE, LEAVING SAID BOUNDARY OF LOT 1 D, SOUTH 89 DEGREES 27 MINUTES OS SECONDS EAST, A DISTANCE OF 546.26 FEET; THENCE SOUTH 0 DEGREES 10 MINUTES 44 SECONDS EAST, A DISTANCE OF 172.15 ~ • T; THENCE NORTH S9 DEGREES 27 MINUTES OS SECONDS WEST, A DISTANCE OF 506.26 FEET TO THE POINT OF BEGINNING, CONTAINING 2,001 ACRES, MORE OR LESS, SUBJECT TO EASEMENTS, PUBLIC RIGHT-OF-WAYS, COVENANTS, AND RESTRICTIONS OF RECORD. F:\PROJL-C'TS\97.1025\2AC OPTN.LGL •