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HomeMy WebLinkAbout1991-R-18 SOLUTION NO. RESOLUTION OF THE COMMON COUNCIL OF JEFFERSONVILLE, INDIANA AUTHORIZING THE TRANSFER OF CERTAIN EASEMENTS BY THE CITY TO THE JEFFERSONVILLE REDEVELOPMENT AUTHORITY WHEREAS, the Jeffersonville Redevelopment Authority (the "Authority") has heretofore authorized the issuance of its Lease Rental Revenue Bonds (Riverside Landing Development Project) (Capital Appreciation Bonds) in the principal amount not to exceed Three Million Five Hundred Thousand Dollars ($3,500,000) in order to finance certain land and public improvements (the "Project") to be leased to the Jeffersonville Redevelopment Commission (the "Commission") pursuant to a Lease dated as of November 1, 1990 (the "Lease"); and WHEREAS, it is necessary for the Authority to acquire certain interests in land from the City constituting part of the Project to be leased to the Commission pursuant to the Lease; and WHEREAS, the Common Council of the city of Jeffersonville, Indiana (the "Common Council") desires to transfer to the Authority easements in the real property described in Exhibit A. NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF JEFFERSONVILLE AS FOLLOWS: Section 1.' The Common Council hereby approves the transfer of the easements in real property described in Exhibit A from the City to the Authority, which easements are needed by the Authority in connection with the Project for public improvements consistent with the purposes set forth in IC 36-7-14.5. Section 2. The Mayor of the City of Jeffersonville is authorized to execute an easement deed conveying said easements in such real property to the Authority. Section 3. This Resolution shall be in full force and effect after its adoption by the Common Council. Passed and adopted this /~ day of /~_~ , 1991, by the Common Council of the City of Jeffersonville, Clark County, Indiana. ATTEST: ~(MES L. CARTER~ PRESIDENT, COMMON COUNCIL Presented by me as City of Jeffersonville, Clerk-Treasurer to the Mayor of the Indiana, this / ~ day of Approved -! and signed , 1991. by me this /~ day of MAYOR DALE L. OREM EXHIB~'T A The following described existing public Right-of-Ways in the city of jeffersonville, Clark County, Indiana: (1) 60 foot wide strip of West Market Street (formerly Second Street) from the western Right-of-Way line of Interstate Highway #65 to the eastern Right-of-Way line of U.S. Highway #31; (2) 60 foot wide strip of West Riverside Drive (formerly First Street) from the Eastern Right-of-Way line of Interstate Highway #65 to the west Right-of-Way line of Illinois Avenue; (3) 60 foot wide strip of Indiana Avenue from the north line of West Riverside Drive (formerly First Street) to the south line of West Market Street (formerly Second Street); and (4) 60 foot wide strip of Illinois Avenue from the north line of West Riverside Drive (formerly First Street) to the south line of West Market Street (formerly Second Street); EASEMENT DEED THIS INDENTURE WITNESSETH, That CITY OF JEFFERSONVILLE, INDIANA, a municipal corporation organized and existing under the laws of the state of Indiana (,,Grantor") GRANTS to the jEFFERSONVILLE REDEVELOPMENT AUTHORITY, a separate body corporate and politic organized under the laws of the State of Indiana, of Clark County in the State of Indiana for the sum of Ten Dollars ($10.00) and other valuable consideration, the receipt of which is hereby acknowledged, an easement to construct and maintain certain road and utility improvements in the following described public right-of-ways in the city of jeffersonville, Clark County, Indiana: (1) 60 foot wide strip .of West Market Street (formerly Second Street) from the western Right-of-Way line of Interstate Highway #65 to the eastern Right-of- Way line of U.S. Highway #31; (2) 60 foot wide strip of West Riverside Drive (formerly First Street) from the Eastern Right-of-Way line of Interstate Highway #65 to the west Right-of-Way line of Illinois Avenue; (3) 60 foot wide strip of Indiana Avenue from the north line of West Riverside Drive (formerly First Street) to the south line of West Market Street (formerly Second Street); and (4) 60 foot wide strip of Illinois Avenue from the north line of West Riverside Drive (formerly First Street) to the south line of West Market Street (formerly this Second Street). IN WITNESS WHEREOF, ~/~ day of /'///~3 ' c. Rxc_nard Spencer, &ar. Clerk Treasurer the Grantor has executed this deed, 1991. CITY OF JEFFERSONVILLE, INDIANA Dale ~. Orem, ~Y~ STATE OF INDIANA 'cOUNTY OF cLARK Before me, SS: the undersigned, a Notary Public in and for said county and State, personally appeared Dale L. Orem and C. Richard Spencer, Jr., the Mayor and Clerk-Treasurer respectively, of the city of jeffersonville, who acknowledged the execution of the foregoing Easement Deed for and on behalf of said Grantor, and who, having been duly sworn, stated that any representations therein contained are true. witness my hand and Notarial Seal this 18th_ day of May ..., 1991. Notary Public My commission expires January 28, 1995 Printed_ Barbara C. Hollis Residing in Clark county, Indiana This instrument was prepared by C. Gregory Filer, Attorney at Law, P.O. Box 1502, jeffersonville, Indiana 47131-1502. -2-