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HomeMy WebLinkAbout#1325- Deeds; WARRANTY DEED From Torrington Company to City of South BendWARRANTY DEED from Torrington CoLlipany to City of South Bend.. V 3�S --r' F t LM N u, Vial` Dii ``.`:. �'���i�?'� .�- iransfet,2 ✓rIC� ryry @�JnTRANTY DEED Taxing Unit JUN G6 4 19 i � Date _ r : I � `• S i. j .,-1 , ;:. , j C r, KNOW ALL',N`k�3':BY THESE PRESENTS, that THE TORRINGTON COMPANY, a Delaware corporation, as "Grantor", for and in con- sideration of One Dollar ($1.00) and other valuable considera- tion, receipt of which is hereby acknowledged, does hereby con- vey and warrant to the CIVIL CITY OF SOUTH BEND, INDIANA, as "Grantee", the following described real estate located in St. Joseph County, State of Indiana, to wit: Parcel 1 A part of the Northeast Quarter, Section 16, Township 37 North, Range 2 East, 2nd P.M., in the City of South Bend, St. Joseph County, Indiana and also being a part of the land of The Torrington Company, a Delaware cor- poration (Book 768, page 163 and Book 709, pages 559 and 560, Office of the Recorder) containing 5.118 Acres and more particularly described as follows: Beginning at a point which is 40.0 feet South of the Northwest corner of the East Half of the Northeast Quarter of said section, said point being also on the South Right of Way line of Sample Street; thence South p 00103' West (the bearing of said South Right of Way C line is assumed due East-West) a distance of 395.6 L, -< feet; thence North 90000' West a distance of 9.00 feet; thence South 0103' West a distance of 465.0 feet; thence North 90000' West a distance of 39.87 feet to the Easterly Right of Way of the New Jersey, '~L J Indiana and Illinois Railroad Company; thence North p Y' n — -,-� 21144' West a distance of 47.18 feet; thence North- O —, c *' 0 �,, westerly along the arc of a curve to the left, having a radius of 487.15 feet, a central angle of 45125' 16" v and a chord of 376.15 feet, a distance of 386.19 feet; D thence North 001031 East a distance of 548.22 feet to Z —i the South Right of Way line of Sample Street; thence D O South 90000' East on said Right of Way line a distance Z of 330.00 feet to the point of beginning. Parcel 2 A part of the Northeast Quarter, Section 16, Township 37 North, Range 2 East, 2nd P.M. in the City of South Bend, St. Joseph County, Indiana and also being a part of the land of The Torrington Company, a Delaware cor- poration (Book 709, pages 559, 560 and 561, Office of the Recorder) containing 3.067 Acres and more particu- larly described as follows: Beginning at a point 900.6 feet South of the North line of said Section 16, and 1390.55 feet East of the East line of Sheridan Avenue, which point is on the North line of proposed Industrial Avenue and on the Westerly line of an 18 foot railroad spur Right of Way for track 2; thence South 21029' East a distance of 123.45 feet along said Right of Way to the point of tangency of a curve to the left, and which Right of Way line is at all points 9.0 feet Westerly, at right angles from the center line of spur track Number 2 of said Railroad, said curve is more particularly defined by the following 4 courses running along said Right of Way Southeasterly Erom the point of tangency and mea- sured along chords to said curve, viz: South 19141' East a distance of 60.0 feet; thence South 22054' East a distance of 100.0 feet; thence South 371)14' East a distance of 100.0 feet; thence South 53052' East a distance of 100.0 feet to the North Right of Way line of spur track Number 1 of said railroad company; thence North 89°51' priest a distance of 364.44 feet along said Northern Right of Way line of spur track Number 1; thence North 00°03' East a distance of 364.38 feet; thence North 89°57' West a distance of 128.91 feet; thence North 00°02' West a distance of 318.24 feet; thence South 89°13' West a distance of 13.76 feet; thence North 00°03' East a distance of 11.76 feet to the Westerly Right of Way of the New Jersey, Indiana and Illinois Railroad Company Right of `nay of spur track Number 2; thence along said Right of Way Southeasterly 371.89 feet along an arc to the right having a radius of 469.15 feet and subtended by a long chord having a bearing of South 44026'30" East and a length of 362.22 feet to the point of tangency of said curve; thence South 21°44' East a distance of 40.0 feet to the point of beginning. 1/6th of Subject to /the first installment of taxes for the year 1984, payable in 1985, all subsequent taxes, restrictions and ease- ments of record, and applicable zoning ordinances. This Warranty Deed is delivered by Grantor to Grantee as a gift at no cost to Grantee. Grantee is a municipal cor- poration, organized and operating under the laws of the State of Indiana, and is a political subdivision of the State of Indiana. Grantee has indicated to Grantor that the purpose for which the land covered by this gift will be used by Grantee is to attract to South Bend, Indiana, a manufacturing corporation which will relocate in the community of South Bend, Indiana, and add new manufacturing equipment as well as expand its oper- ations, which will thus increase both employment in the City of South Bend, Indiana, and the assessed valuation of both real estate and personal property in such City. Grantee recognizes, by the acceptance of this Warranty Deed, that such industrial development is of paramount importance to the City of South Bend, Indiana, and constitutes a public purpose under Section 170(c)(1) of the Internal Revenue Code of the United States, as amended, and that similar activities have been declared a pub- lic purpose by the General Assembly of Indiana at Public Law 309, Section 31, codified as IC 36-7-12-3. Grantee further recognizes that the gift of the land described in this Warranty Deed which will be associated with such manufacturing facility -2- r Lll enable such City to offer an attractive package to such new industry to induce such new industry to locate in South Bend, Indiana. Grantor certifies on oath that no Indiana Gross Income Taxes are due or payable respecting this Warranty Deed. IN HITNESS WHEREOF, The Torrington Company, a Delaware corporation, does hereby execute and deliver this Warranty Deed as of this Attest: C.E. Harwood Its Secretary day of June, 1984. THE TORRINGTON COMPANY, A Delaware corporation By 9.. H. Williams Its Vice President _ BOARD OF PURUC WORKS UN 2 1984 STATE OF CONNECTICUT ) w........... . SS . ........,... COUNTY OF LITCHFIELD Before me, a Notary Public in and for said County and State, personally appeared and C. E. Harwood J. H. Williams . known to me and to me known to be the vice President and Secretar , respectively, of The Torrington Company, a Delaware corporation, and as such officers and for and on behalf of The Torrington Company, acknowledged the execution of the above and foregoing Warranty Deed and that they are duly authorized by such corporation so to do. In Witness Whereof, I set my hand and notarial seal and indicate that I am a resident of such County and State,„as..-.. of this 21ST day of June, 1984. . o �f '�/iti'�✓jLY-� 1 - � C� /l^.C_ - rrr- t- �'+1 ' n ''� My commission expires: Catherine M. Grazia.n Notar Jusb,r, AUGUST 31, 1988 This instrument was prepared by Warren E. McGill, Attorney at Law. =Z FILM' FILE),' Fn ,-" .1-1