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HomeMy WebLinkAboutApproving a Contract City of South Bend and Landmark of Indiana $163,000.00ORDINANCE N o. 5692 -74 Passed by the Common Council of the City of South Bend, Ir W IRENE K. GAMMON 4 Presented by me to the Mayor of the City of South Bend, JUNE w Approved and signed by m,- d 74 Clerk Of Common Council IRENE K. GAMMON Clerk ORDINANCE NO. 5-69,-?L-2q AN ORDINANCE APPROVING A CONTRACT BETWEEN THE CITY OF SOUTH BEND AND LANDMARK OF INDIANA, INC. FOR THE PURCHASE OF REAL ESTATE IN THE AMOUNT OF $163,000..00 AND COMMITMENT FOR THE APPROVAL OF APPROPRIATION OF FUNDS THEREFOR BE IT ORDAINED by the Common Council of.the City of South Bend, Indiana: SECTION I. That the contract entered into between the Civil City of South Bend, Indiana and Landmark of Indiana, Inc. on the 10th day of June, 1974, for the purchase of Lots 148, 149 and 150 of the original plat of the City of South Bend for the sum of $163,000.00, which land acquisition is necessary for the construction of a connector at the Marion Street location between Michigan and Main Street in South Bend is hereby approved and confirmed. SECTION II. Upon approval of the Michigan -Main connector at the Marion Street location by the Local Road and Street Board of the State of Indiana, commitment is hereby made by the Common Council of the City of South Bend to the appropriation of $146,700.00 from the Local Road and Street Fund, and $16,300.00 from the Cumulative Capital Improvement Fund for the funding of such purchase. SECTION III. This Ordinance shall be in full force and effect from and after its passage by the Common Council and its approval by the Mayor. 1st READING PUBLIC HEARIi IG 2nd READING NOT APPROVED REFERRED PASSED </- 7 `f G- aV -1?S/ Member o t e ommon Council FILED IN CLERK'S OFFICE AN 5 - 1974 Irene Gammon CITY CLERK, SOUTH BEND, IND. (QA11 muirr Irprort can t4c Tomawn Tounril of thr Tug of #out# grnd: Your Committee Of the Whole to whom was referred AN ORDINANCE APPROVING A CONTRACT BETWEEN THE CITY OF SOUTH BEND AND LANDMARK OF INDIANA, INC. FOR THE PURCHASE OF REAL ESTATE IN THE AMOUNT OF $163,000.00 AND COMMITMENT FOR THE APPROVAL OF APPROPRIATION OF FUNDS THEREFOR. Respectfully report that they have examined the matter and that in their opinion the Ordinance should be recommended favorably to the Common Council. Odell Newburn Chairman FgBL lgEL9 PVBLI9XIN0 CO. Landmark of Indiana, Inc. 2804 Mishawaka Avenue South Bend, Indiana May 23, 1975 City of South Bend County City Building South Bend, Indiana 466ol Attention: Jerry J. ?Miller, Mayor James A. Roemer, City Attorney Irene K. Gammon, City Clerk NOTICE OF INTENTION TO EXERCISE OPTION In accordance with the orovisions of paragranh 7 of that certain Purchase Agreement dated June 10, 1974, by and between Landmark of Indiana, Inc., hereinafter referred to as "Landmark ", and the Civil City of South Bend, hereinafter referred to as "City ", granting Landmark an option to purchase that part of the real estate described therein which was not in fact-used for construction of the Michigan - Main Street connector, Landmark hereby exercises its option thereunder to purchase said real estate by delivering this written notice of its intention to exercise this option to the City on this 23rd day of May, 1975• The City of South receipt of the above and foregoing Notice this 23rd day of May, 1975. FILED IN CLERK'S OFFICE MAY 2 31975 Irene Gammon CITY CLERK, SOUTH BEND, IND. CITY OF SOUTH BEND, 'INC. . Miller, MaVE By James AV Roem&t, City Attorney By: 4 - Irene K. immon, City Clerk By: a,� � yea- X-J%J! -� sG9a r°