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HomeMy Public PortalAbout2277-1967 - Appropriation - Purchasing of land and improvements - Municipal BuildingORDINANCE NO. 2277-1967 AN ORDINANCE AUTHORIZING THE PURCHASE OF REAL ESTATE. WHEREAS, Ordinance No. 2270-1967 appropriated the sum of $1020579.95 from the Cumulative Capital Improvement Fund for the purpose of purchasing lands and improvements for the erection of a Municipal Building thereon; and WHEREAS, the City of Richmond has secured the following options on real estate on which to erect a Municipal Building, which real estate is described as followss HAROLD E. 8 MARGARET ELLEN DUMGND Parts of Lots 14-15-16-17 J. Cox Addn. Representing all real estate owned by the vendors in the block bounded by Fort Wayne Avenue, North A Street, North 5th Street and Main Street. FIRST NATIONAL BANK OF RICHMOND GUARDIAN OF MARIE ZERVAKOS Part of Lot 16 J. Cox Addn. Representing all real estate owned by the vendor in the block bounded by Fort Wayne Avenue, North A Street, North 5th Street and Main Street and, WHEREAS, the cost of acquiring said lands and improvements thereon, including the payment of taxes for 19679 payable in 1968, realtors' commissions and abstracting costs total $1029540.009 NOW THEREFORE, BE IT ORDAINED by the Common Council of the City of Richmond, Indians SECTION 1. Thet the Board of Public Works and Safety of the City of Richmond, Indiana proceed to exercixe the options heretofore referred to and to purchase the real estate heretofore described from the owners thereof for the sum of $102,540.0). PASSED AND ADOPTED by&:ekL, moron Council of the City of Richmond, Indiana this day o f ,1967. _ esident, CommonLfroiuncil AITEST: City Cl PRESENTED by me, Ather J Ree , City Clerk to the Honorabl yor, Edward L. Cordell, this„.,,,_,[�.„ day of ,1967. Q -.1 — City C k APPROVED me, Edward L. Cordell, Mayor of the City of Richmond, Indiana, this /8 _ eay of �,1967. Mayor ATTEST: City Cler