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ORDINANCE No. 4 3 / 3 -1967
AN ORDINANCE AUTHORIZING THE ALIENATION AND CONVEYANCE OF REAL
PROPERTY BELONGING TO TEE CITY OF RICHMOND, INDIANA.
WHEREAS, the City of Richmond, Indiana is the owner of the
following described real estate in Wayne County, Indiana, to -wit:
and,
A tract of land locat<;d _:a SE.' _ Sec. of Sec. 8;
Twp. 13-N; Rase !Ili; in the kj..-5y of Richmond,
Wayne Coup:-,-, Inca. and more
described a:; follc,,� -: All
Be ginsrZ at the So: thca_t- c�__or of the Southeast /
14 of Sec. 8; thence or-: alc_- the East line of
said Sec. 8 Eight hu.n(frc: --oven and ninc-�y-
five hu:L:;"�-ec uhs (8Lf?.95°) foot; thence West c_-
hundrea enty-five and eight tenths (125.8')
to the Last right-of-way lino of US Eighway 27;
thence Southwestwar:�1 y on a 0°-59' minute curve,
on tho East right-of-way line of said US. Highway
27 and the West line 'of %�:ais ')-_"act eight hundred
and fifty-six and eight •gent:*-_ (856.8' ) f ;et to
the South line of Sec.8; the,., mast two '}undred
and seventeen and fifty-four h: :aredths 7.541)
feet to the point of beginnin ;. Conta-i : __ tree
and thirty-four hundredths (3.94) acres ;_ or
less. Subject to a thirty (30') easemen:- 1c:'
street right-of-way along South 9th St..sub j ect also
to sewer easement.
W11E.REAS, said real estate has been appraised by
disinterested freeholders of said city appointed by the Judge of
the Wayne Circuit Court, and that said real estate was appraised
at $9,000.00; and,
WHEREAS, the City of Riah::ond, Indiana by its Board of
Public Works and Safety has accclLted t::ritten of_c_� to purchase
said real estate execut�;"� by A.L.T., -Lac. at and for ''tee sun of
$9,000.00; that said offer is the only bona fide offer of not
less than the appraised value made to said city and said offer
is not less than the full appraised value thereof.
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NOW THEREFORE, BE IT ORDAINED BY TEE =71ON COUNCIL OF
THE CITY Or RICHKOND, INDIANA,
SECTION 1. That the Mayor of the City of Richmond,
Indiana, is hereby authorized and empowered to convey in the name
of the City of Richmond, Indiana, by Warranty Deed, the above-
describea real estate to A.L.T., Inc. in consideration of the
payment by said A.L.T., Inc. of the sum of Z9,000.00 to said
City of Richmond; and said conveyance shall be attested by the
City Clerk with the Seal of the City of Richmond. Said convey-
ance shall be mado subject to and upon the following covenants and
restrictions, to -wit:
No billboard, sign board, or advertisin; sign of
any kind shall be placed, erected or maintained on
the above -described real estate save and e.:ceDt for
signs advertising the uaZe to be made of said
premises by the oimer thereof, which suns shall
not have a larger surface area than 30 square feet.
Said covenants and restrictions shall be covenants
running with the land and shall be binding upon
said A.L.T., Inc., its successors and assigns.
SECTION 2. This ordinance :hall be in full force and effect
from and after its pa~age and approval by the Mayor.
PASSED AND ADOPTED by the Conmon Council of the City of
Richmond, Indiana, this I day of Decer�bier. , 1.96' .
ATTEST:
City Clerk
Presiding Officer
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PRESENTED by me
to the
Mayor for
his approval and
signature this
day of
be-cember,
1961.
City Clerk
APPROVED AND SIGNED by me this day of ,December, 1967.
MAYOR, City of Richmond, Wayne
County, Indiana,
ATTEST:
City Clerk