Loading...
HomeMy Public PortalAbout2272-1967 - Authorizing BOW to purchase real estate for use by the Municipal Electric Light &n Power PlantORDINANCE NO. 2272-1967 AN ORDINANCE AUTHORIZING THE BOARD OF P(BLIC WORKS AND SAFETY TO PURCHASE CERTAIN REAL ESTATE FOR USE BY THE tUNICIPAL ELECTRIC LIGHT AND POWER PLANT FOR CONSTRUCTION OF A SUB -STATION. WHEREAS, in the operation of the Richmond Power and Light of the City of Richmond, Indiana it now appears necessary and desirable for the City to establish a higher capacity interconnection between the transmission line facilities of Indiana and Michigan Electric Company and the City°s electric utility system, and WHEREAS, it is necessary and in the best interest of the City to purchase the following described real estate in Wayne County, Indiana, to -wits Land Descriptions A part of the Southeast quarter of section one (1)9 PIP. Thirteen (13) north, range one (1) west and bounded as followss Beginning at a railroad spike in the south line of said section one (1)9 nine hundred sixty-two and six tenths feet (962.6) west of a marked stone at the southeast corner of said section one (1)s thence, along the south line of said section one (1), three hundred feet (300) to a railroad spike; thence north at a right angle to said south line two hundred sixteen and five tenths feet (216.5) to a stake; thence east, parallel to the south line of said section one (1), three hundred feet (300) to a stake; thence south, parallel to west line of the tract two hundred sixteen and five tenths feet (216.5) to the place of beginning. Containing an area of one and forty-nine hundredths (1.49)9 more or less. for the purpose of locating a sub -station on such real estate, and WHEREAS, all of the funds to be expended for the purchase of said real estate are to be paid from funds derived from the operation of the Richmond Power and Light and charged against the Cash Operating Fund or the Depreciation Fund, and NOW THEREFORE, BE IT ORDAINED by the Common Council of the City of Richmond, Indiana: SECTION 1. That the Board of Works of the City of Richmond be and they are hereby authorized to purchase the real estate heretofore described for the sum of $7,500.00 SECTION 2. That such expenditures be charged against either the Cash Operating Fund or the Depreciation Fund. SECTION 3. This ordinance shall be in full force and effect from and after its passage and approval by the Mayor. PASSED the Common Council of the City of Richmond, Indiana, this day of ,1967. ?esil�e�nt of Co Council Attests City Cl PRESENTED by me, Ather J Reeg, City Clerk to the Honora yor, Cordell, this C _day of _,,_,1967. City C k APPRO me, Edward L. Cordell, k`ayor of the City of RichvVhd9 Indiana, this_2Z day of ,1967. o /7 i Attests ty _- . r' r