HomeMy WebLinkAboutAuthorizing the Sale of all of the Right, Title, and Intrest of the City of South Bend, In and to any Bonds, Coupons and/or AssessmentsORDINANCE No. 3 t1-,3,,J-
Passed by the Common Council of the City of South Bend,
Presented by me to the Mayor of the City of South Bend,
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Clerk
of Common Council
Approved and signed by me /-5— 195�-
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Clerk
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AN ORDINANCE AUTHORIZING THE SALE OF ALL
OF THE RIGHT, TITLE, AND INTEREST OF THE
CITY OF SOUTH BEND, INDIANA, IN AND TO
ANY BONDS, COUPONS$ AND /OR ASSESSMENTS
HERETOFORE ISSUED UNDER IMPROVEMENT RESOLA
LUTION N0. 3.330,.APPROVED SEPTEMBER 2, 1925,
COVERING ASSESSMENT ROLL NO. 1816, LINCOLN
WAY EAST WIDENING AND SHEET ASPHALT PAVE-
MENT.
WHEREAS, 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. BeczkLewicz, et al, being Cause No. 54558,
is the owner of certain right, title, and interest in and to cer-
tain improvement bonds and coupons and assessments in Improvement
Roll No. 1816, Lincoln Way East widening and sheet asphalt pave-
went, which said bonds and coupons were issued and said assessments
were levied pursuant to the provisions of Resolution No. 1330 of
the Board of Public Works of the City of South Bend on the 2nd day
of September, 1925, and
WHEREAS, one Herbert R. Garn, has offered to pur-
chase 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. 1816, issued pur-
suant to Resolution No. 3.330 of the Board of Public Works on the
2nd day of September, 1925, 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
Herbert R. Garn, 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.
1330 of the Board of Public Works dated September 2, 1925, and being
Improvement Roll No, 1816, Lincoln Way East widening and sheet
asphalt pavement, 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
Herbert R. Garn, 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.
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