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HomeMy WebLinkAboutAuthorizing the Sale of All of the Right, Title & Interest of the City of South Bend in and to any Bonds, Coupons, and/or AssessmentsORDINANCE NO. J�a `l Passed by the Common Council of the City of South Bend, Indiana Y. i6�_z City Clerk JPresident of Common Council Presented by me to the Mayor of the City of South Bend, Indiana Approved and signed by Clerk AN ORDINANCE AUTHORIZING TEE SALE OF ALL OF THE RIGHT, TITLE, AND INTEREST OF THE CITY CF SOUTH BEND, INDIANA, IN AND TO ANY BONDS, COUPONS, AND /OR ASSESSMENTS HERETOFORE ISSUED UNDER IMPROVEMENT RESO- LUTION NO. 1667, APPROVED NOVEMBER 30, 1926, COVERING ASSESSMENT ROLL NO. 2011, THE LONGFELLOW AVENUE GRADE, CURB, WALK AND PAVEMENT FROM MISHAWAKA AVENUE TO SOUTH STREET. V&MMS, the City of South Bend, by virtue of the judgment and decree of the St. Joseph Superior Court No. 2 in the case of Read et al., vs. Beczkiewicz, et al, being Cause No. 54558, is the owner of certain right, title, and interest in and to certain improvement bonds and coupons and assessments in Improvement Roll No. 2011, The Longfellow Avenue grade, curb walk and pavement from Mishawaka Avenue to South Street, which said bonds and coupons were issued and said assessments were levied pursuant to the provisions of Resolution No. 1667 of the Board of Public Works of the City. of South Bend on the 30th day of November, 1926; and WHEREAS, one Whitcomb and Keller Incorporated, has offered to purchase all of the right, title, and interest of said city in and to said bonds, coupons, and assessments; NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana, that the Judge of the Circuit Court of St. Joseph County is hereby requested to appoint three disinterested freeholders of this city for the appraisement of the right, title, and interest of the city in and to the bonds, coupons, and /or assessments of the Improvement Roll No. 2011, issued pursuant to Resolution No, 1667 of the Board of Public Works on the 30th day of November, 1926, now owned by the City of South Bend, Indiana. BE IT FURTHER ORDAINED by the Common Council of the City of South Bend, Indiana, that the City of South Bend sell, assign, transfer, and set over by proper instrument of assignment to Whitcomb and Keller Incorporat- ed all of the right, title, and interest of said City of South Bend in and to the bonds, coupons, and /or assessments issued or levied pursuant to the provisions of Resolution No. 1667 of the Board of Public Works dated November 30, 1926, and being Improvement Roll No. 2011, the Longfellow Avenue grade, curb, walk and pavement from Mishawaka Avenue to South Street, for not less than the full appraised value thereof, as reported by the appraisers appointed by the Judge of the St. Joseph Circuit Court, pursuant hereto; and the Mayor is hereby ordered, directed, and authorized to execute and deliver to said Whitcomb and Keller Incorporated upon the payment of said sum of money a good and sufficient assignment and bill of sale therefore; and this shall be a sufficient authority to him in said premises. Ist A 2nd REACINB 1y / -/11�. Colaff m OF T PUBLIC 3rd REAM 1W Aprg&ft IFIERNEO PAUM