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HomeMy WebLinkAbout1993-02-05 Resolution 71 ~saa~U~rzQ~ ~z~, ~~ ~~~~c~~~N~ ~ c~r~E~rr~G Ica ~~~ ~~~ r~~ ~~~~ ~~ TxE c~~ cap sc~u ~~ ~r~~r.AN~. 3~I~IE~.E~s, the ~ou.th Bend Red~velc~gment ~uthori:.t~r {the:.. ".F,uthcarit~t" is the. o~rn:er a~ the fe~llawing deserilaed real gro~ert~ s~.t~:ated in St. JosepYt Cc~u~ty., Indiana.: parcel of land in the Southwest t,~uarter of Section 1~, '~awnsh~p 37 North, Range 2 East, Ct~r of Seuth Bend, Portage- township, st . ~osegh Ge~unt~, Ixxdiana, being.. Matted as ~~nnis~vn & Fellavas Addition as xeeordedv in Book 2r Fas~e ~8, at the- ~~. Jeseph Cc~.n.t~ Reoc~rder' s Qf~ce i~ South Bend, Indiana, and.. de~cri.hed. as f ©lloWS Beginning at a~ iron at the nteraeotian Qf the B,a.~t. ~i~ht~~xf--wad line: crf Ca~rc~7:1 Street and. the. So~xth r ~ ght~-c~f-way line €~~ South Street, thence Sc~ttth ~3°~9` 47~' East (baring assu~ned~ r 1.41.:.5f7 feet along said. South right-€af-way' line ts~ .the P€~int of Beg~.nn~ng thence Gont~.r~uing ~E2~.lth ~~ ° 39 ` 47" East, ~~}.Ot~ :Eee.t alone. said South right-of-gray Ia.ne; thence South J0°a~, 09" East, 5:1~.5~ .feet t~ the Ptc~rth ri.c~.ht°€~f-war line of a ~:4:. ~fJ fc~c~t alley;: thenee North 8~°39' ~7" West:,: ~~.f~€1 feet along said. Id~arth right-of-way liner;.thenee North ~~°Q~`Q4" Vest, 125.5Q feet to the South .right.-of-wad line. of South Street. and the Baint €~f Beginning, axxd. cc~ntaini.ng 0.132~i acres, amore or less, and is su~aject to all: easements, restri.ctians and car covenants of record:, cam~anly known as 31.E East: South street, South Bend ~ "Feel Estate'` ), ; and. WktEREAS, the: Authority is. desirous of conveying i.ts: i.nt~rest ixx ~:he Real Draper°~y to tie eitg cif St~tzth- Bend,. I.ndiana_: and. WHEREAS, the City ~~ South Bend is desirous oaf receiving the Deal. Propert~r frflm the Au.thorit~,r; and. WT~ERF~S, pursuant to I . ~. ~6°~-~5-3, .the . F~aard e~f ,P~~l.ic Forks of .the City 4f South Bend (the "Board" ~ has: ctxs~c~dy of and may' maintain all real. prraperty of the Gity ~€ S€suth Bend;; and: • +f9.CR.~:eti L'd"i~ j p~.~. .Cw~.a~.L i.'Q` - ~ w L,~ •. ~~°S.. "'•.Y. L'C?, th~. ~~..t~ ~f ~~~.tYl.' 1T~',~.Li.:,. act.ng byY and tier®uqh the Board, may exchange or transfer propertg with another governmentalentit~ upcan terms arzd conditions agreed upon ~~ the twe ~ ~) ent~.t.ies as evi~3enced_ b~ ~rne adoption of s~.~bstantia:ll~ identical resol~.ti~rns caf each entity, and w~3"E~.EAS., by Resc~3.~.tic~n ~Io. 33, adopted ~1a:rch ~, 199I., the Authority bias elected to; abide b~ the pra~risians of ~.G. 36-1-11-8 with regard: tc~ the transfer ~ it or to it af' real propertZx to or f ram another gc~verr~enta3: entit~r; axad: t~HERE, the Author.ity.. ha:s agreed td con~rey its- i.ntereo~t. i.n. thy. Meal Property' to the pity df 5vuth Benda a.nd the ~.t~ of Savth Bead., acting by` and through the B~zard,~ has agreed tea accept the: Real i~rapert~r from th€~ Authority f€5r dne ~allar (~1. f~E~~ and_ ather good. anal. valuable cerx~iderati.a~n. ~C~w, `~FiEI~E~°E~ZE, BE I'~" 1ZC~L ~ Sr~3~ ~~ EI,C~PNI AL3~'H.E3R.I'~ ~~ FQ~L~rlS °1. ~ha~yyt,~, ~~t}}he con~~e~ance of the f-o~llowi~..g.~-~}e~~crv~:~.b~e~...- re~cr~~.. p'r.,capertlz. ~~. th~ ~~. ~,t11'. ~Ie:nd RP!'3,GVel.ilpYtleS3.t_ Cfilthorl.t~F.: - 4Q the ~i.~~.t~ ~'f xT~}~t.lf, ~~.n~,P. acting by an~3, thro~xg~: its Bo~~d Qf Pt~3~Zi.c ~torks.a parcel of land i.n the Southwest quarter' €xf Sectzon. 12, Township 37 Ne~rth, Range 2 East, ~itgr . of ~c~uth Bextd., Portage- ~c~msh.~p, St. ~7ast?ph ~our~ty,. Indiana, being platted as Dennis:tor~ ~ Fellows: Additi.an a=s rec~xrded in Boek ~, Page 4~, a~kd the St. Joseph Countg Reccsrder' s of.~ice i.n: Sdut:h Bend, Indiana,, and described as follows': Beg:i:nning at an iron at the is~tersectir~n of t.he. Easy: x fight-of -way line or Carroll street and the. South right=of-wag line of south ~treeti thence South 89°'33~4'7r' east (bearing assumed.)., 141.5£ feet. ale~ng said South right-of-way line to the. Point of Bec~,inning; thence contin~sing,South 89°39'47" East, 5Q . ~~? feet alanr~ said south right-Qf --:,gay line; thence south fl~°~Q r Clf).Q4 East., 11.5.5Q feet tc~ the:. ~3orth right-of-wad line Qf a 14.0-Q font ~.~.ley"; thence North 8~°39' 47'! west, SEJ. Qf~ -feet along saki PIorth right.-of-wad line,: tn.ence North. b~°Q'fit €1~rF test, 115.5£} feet tc~ the. South. right-of-wag line of sduth. Street and the Point.. of Bec~ixsn:ing, and c.~cxnta.ining Q.13~f acres, mare or- less, and i:s subject to all easements, restrictions and. or covenants of record., commonllr known as 31~ F:a:st '.1"'O'klth street, . SOUth Bend_ {'Real Fstat.e'°' ~ , and: for +~ne pollar and other goad and.~raluable.conssderation, shall be, and hereblr i:s, app.roved, su~a~ect to the adoption of a resQlutiorz: ~iy' • the Bt~ax`d of Public. W®r~s of th,e ~it~ of South Bend, substantia.ll~,r identical in its terns and. conditions to the terrc€s and. eonditio~sS of this resr~lu,tion:. -2-- 2> Teat tie Pr~sid.ent and S~~~etar~ of the Aut~~rs,t~ shall be, and hereby are, a.~t~.c~ri~ed to ex~c~ate anal attest ~~ the exe~u.tic~~ ~f,. res~se~tvelY. a quit ~lalm 1~eed to e~fectu.a~te s~z~h c~n~reya:n~e_. 3. '~Yxat this. ~2e.solut€~n shall be in fall fc~~c~ 3ne1 e~fe~t u~xn to ~dagti.c~ra by the South Bend. E~~c~e~elc~pment A~sth:csrit~. ~~''~ a~t a m~et:ing €~~ the ~~-uth ;Bend Res~evelop~rtox2t Puth~+rit~7 held: on' February 5, 199, ~~ 13Q~' Cc~txnty-City Bul~in~, 227 Wept Je€fersc~n ~3oulevard, ~r~uth: ~er~d, Indiana 4~50:L. ~~ ~F SC?L3TH BE1~II~' ~EI~~UEL~F~iENT AUTHORI'~Y C~ ~-r ~: se Wrable~r~hs., Fre~d.ent ~t emits ~ ~- ~dnald ~. ~`~w~11., secretary, -.~ - I3f -SC3~-IaI~.4