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REGULAR MEETING <br />of -way of the New York Central Railroad Company. <br />SEPTEMBER 24, 2001 <br />All that part of the Southwest Quarter of the Northwest Quarter of Section 15, <br />Township 37 North, Range 2 East, described as follows: Beginning at a point 260 <br />feet South and 330 feet West of the Northeast corner of the said Southwest Quarter <br />of the Northwest Quarter; thence West 996.08 feet to the West line of said section; <br />thence South 498.35 feet to the North line of the right -of -way of the Indiana Northern <br />Railway Company; thence Easterly along the said Northerly line of said Indiana <br />Northern Railway Company a distance of 996.08 feet, more or less, to a point on the <br />Northerly line of the said Indiana Northern Railway Company South of the place of <br />beginning; thence North to the place of beginning. <br />Beginning in the center line of Olive Street in said City at a point Seven Hundred <br />Eighteen and twenty -five hundredths (718.25) feet South of the North line of said <br />Section No. 15, said point of beginning being on the Southerly line of a strip of land <br />Fifty (50) feet wide reserved for the right of way of the Indiana Northern Railroad <br />Company thence running South on the center line of Olive Street, a distance of Six <br />Hundred Eight and fifteen - hundredths (608.15) feet to the South east corner of said <br />North east quarter of the North West quarter of Section No. 15; thence running West <br />on said South line, a distance of Thirteen Hundred twenty -seven (1327) feet to the <br />West line of said quarter Section, thence North on said West line, a distance of Four <br />Hundred Ninety -three and four hundredths (493.04) feet to the Southerly line of said <br />parcel deeded by said Grantors to the New York central Railway Company; thence <br />North Easterly along the Southerly line of said last named parcel to a point on the <br />South line or the right of way of the Indiana Northern Railroad Company due West <br />of the place of beginning; thence East ten hundred Fifty -seven and Thirteen - <br />hundredths (1057.13) feet, more or less, to the place of beginning, and containing <br />Seventeen and seven hundred Sixty -one thousandths (17.761) acres, exclusive of <br />Olive Street. <br />All that part of the East Hal of the North West Quarter of the North West Quarter of <br />Section No. 15, Township No. 37 North, Range No. 2 East, that lies South of the <br />right -of -way of the Indiana, Illinois, and Iowa Railroad Company (now New York <br />Central Railroad), now within and a part of the City of South Bend; excepting <br />therefrom a lot or parcel of land bounded as follows: <br />Beginning at the intersection of the South Easterly line of said right -of -way and the <br />East line of the East Half of the Northwest Quarter of the North West Quarter of said <br />Section No. 15, thence running South Westerly along the South Easterly line of said <br />right -of -way to the West line of the East Half of the North West Quarter of the North <br />West Quarter of said Section; thence running South 219 feet, more or less, to a point; <br />thence North Easterly parallel with and 219 feet South of the Southerly line of said <br />right -of -way to the East line of the East Half of the North West Quarter of the North <br />West Quarter of said Section No. 15; thence North 219 feet, more or less, to the place <br />of beginning. <br />and which have Key Nos. 18- 8075- 2838,18- 8075- 2839,18- 8075- 2843,18- 8075- 284403,18 -8075- <br />284404, 18- 8075- 284406, 18- 8075- 84501, 18- 8075- 284502, as an Economic Revitalization Area: <br />and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before <br />the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and <br />WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances <br />and objections from interested persons; and <br />-21- <br />