HomeMy WebLinkAbout1970-R-16RESOLUT,O NO.
RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF JEFFERSONVILLE
INDIANA PROVIDING FOR THE PURCHASE OF CERTAIN PARCELS OF REAL
ESTATE IN THE RIVERSIDE CENTRAL URBAN RENEWAL PROJECT AREA,
IND. R-43 AND FOR THE CONSTRUCTION OF A SOUTHBOUND EXIT RAMP
OFF INTERSTATE HIGHWAY 65
WHEREAS~ The Jeffersonville Department of Redevelopment, through
the Jeffersonville Redevelopment Commissioners are engaged in a certain
Urban Renewal Project in this Community known and designated as Riverside
Central Urban Renewal Project, INDo R-43;Land,
WHEREAS, certain parcels in said Project Area are designeted for
Public and Semi-Public use, which area would be for She public good and
benefit of the citizens of the City of Jeffersonville, when acquired and
redeveloped by the City of JeffersonviIle.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Jeffersonville, that the City of Jeffersonville agrees as follows:
1. To construct a Southbound Exit Ramp (Known as Ramp '!X~'),
off Interetate Highway 65 in the City of Jeffersonville~
with available funds at an approxlmate cost of $240,000
to be used as a Public or Supporting Facility under the
provisions of the Noncash Local Grant-in-Aid, and,
2. To purchase from the Department of Redevelopment, for
the construction of sald ramp, those parcels of land set
out ~n the Land!:Disposition Plan as Block 58, Parcels 1,
2, 3, and 4, at the Fair Market Value of said land as
established by three re-use appraisals, said purchase
price to be concurred in by the Department of Housing
and Urban Development.
DULY ADOPTED by the Common Council of the City of Jeffersonville,
Indiana this 14th day of September 1970.
RiChard L. Viss'i~
ATTEST:
Car[ J. B~, ~ity Clerk-Trea r