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.rl7:S <br />and Marietta Street. <br />(4) 75 per cent:of the excess of the lama es, if any, over and <br />above the benefits, if any, tbat shall be lawfully and finally assessed. by the Board <br />of Public Works for the acquisition by South Bend, by reason of said relocation of <br />said Marietta Street, of the necessary property to widen the approach of. Marietta <br />Street to Ohio Street north ofthe right of way of The New York Central, <br />,Said several payments, as hereinbefore provided,, by the New York <br />Central to South Bond,of said excess of damages over and above benefits shall be made <br />as soon as said excess shall, in accordance with law, be finally determined, fixed <br />and payable by South Bend tothe'owners or holders of property so damaged or benefited. <br />Said payment payment by the New York Central to South Bend of a percentage of the <br />cost of construction of"said new street between Fellows Street and Clinton Stxseet <br />shall be made as and when ;said payment is `finally due from South Bend under its <br />contract for said construction. If the Board of Public Works, in theexe?relse of its <br />discretion, shall desire to purchase instead of condemn the property required -for said <br />opening of said new street between Fellows Street and Clinton Street or of said new <br />street between;OhieLStreet and Marietta'Street or reuired for said resolution of <br />said Marietta Street, The New'York Central will, if the purchase price be satin- <br />factory to it, contribute thereto a percentage the same as and in lieu of the per- <br />tentage of the excess of damages over benefits hereinabove agreed to be paid by the <br />New York LCentral to, South Bend in respect to said opening and ,relocation of . said <br />streets. <br />If any benefits or special assessments are assessed or levied <br />against the New ,York Central by.the Board of Public Works in the. proceedings for <br />said vacation, opening, relocation or construction of streets, said benefits or <br />special assessments shall be dedicted from the payment herein agreed to be made by <br />The New York Central to South Bend. <br />South Bend shall, without expense to the New York Central, cause <br />all public utilities owning or controlling or -using equipment on, above, in or under <br />the surface -of the portions .of said Rush Street and of said; Ohio Street, so vacated and <br />of said Marietta Street so, relocat,edI ro remove or adjust'their equipment to the <br />extend rendered necessary by said vacation or relocation. <br />This agreement. shall not be binding upon the parties hereto unless <br />and until it is approved and ratified, according to law, by the Common Council of <br />South Bend, and unless and until it is approved and ratified by the Board of <br />Directors of the New York Central; and the ratifiedtion of this agreement_ by the . <br />Common Council of South Bend shall constitute its approval and sanction of all acts <br />and proceedings herein contemplated to be taken by the Board of Public Works for the <br />opening, -vacation, relocation and constfuctidn!:of streets and the approplLiation <br />of properties which may become necessary In order to'carry this agreement into <br />effect. <br />IN WITH& SS WH& R&OF, the parties hereto have duly executed this <br />agreement this 9th, day of January 1925. <br />TF 1dEWYORK C✓ NTRAL RAILROAD COMPANY <br />BY P. E . CROWLtsY <br />President. <br />Attest:l } ( S&AL) <br />Assistant Secretary. <br />CITY OF SOUTH B&ND. <br />B.W. <br />H.B.R. BY L. B. SLAUGH%R <br />A. j.S. G. H. _ <br />L. P. HARDY <br />R.D. S. ALEV�RT F. HON&R, <br />R. J. C. Board of Pudic Works, <br />(Note:- above marks on contract.) <br />Note: Blue print reading: Plan showing proposed rearrangement of <br />Streets -in connection with Grade Separation approved bT R. D. Rote, Chief Engineer <br />New York Central R: R. and Frederick_ J. Anderson City ingineer South Bend <br />Blue print reading: Plat showing location of subway N. Y. C. R. <br />at Marietta Street approved by R. D. Rote, Chief Engineer N. C. Y. R. R. and <br />Frederick J. Anderson City -&ngr, South Bend, These blue prints attached and made a <br />part of above contract, <br />