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
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Presented by me to the Mayor of the City of South Bend,
JUNE
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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
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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
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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! -�
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