HomeMy Public PortalAbout1925-1962 - To Purchase a Service CompanyORDINANCE NO. 10,5 1962,
CITY OF RICHMOND6 INDIANA
WFIERIE:AS the City WE Rlchmorad5 Indiana (hereinafter
called "this City*") is the, ov�ner of pzad operates- the ele't i
utility facilities In and adjacent to thiier City and
WHEREAS -Public Service Company of Indianna, Inc.,(here-
inafter called "SerVic'e Indiana Corporation, is
the G�Mer of and'e' .0p ra (herc-in'-
after called the "Subject Fropearty"J._ hereinafter more paA.eJC,JaL-qy
U
described in true..cont-fact, set: ow; in clhe f . ourth. -prearable 0 f. 'this
Ordin,ance5 located in and adjacent to thii CM:y- and -has of f *e - red
to -sell. the same t*o thi 8 City; and
WHEREAS the, Corpm.an, Council of this City has the p0twer
under the laws of the State of In. diana to author i
se the -C base
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Of the Sub, ect. Froperty,, and
WHERMAS tie Connitnion, Cavail at thks. City deems it Aesiram.
�blle that thi s Cit'k purc'ha_senha SUbJ&brJr0Pert70 and 9 q r, -0-IL C e
Compgzny has made to this UPy a %oeitten' offer to sell subi.61ct
Prcpdrty upon the ,terms and..canditiorA*s of the:.follot.Ang 'r('c0't �ed
Cont.ra (herelftafter called. the 11&abjact '�operty
to
WHERMS*.the Coi=pn 'Gourwil of ZIA s City ba_UeVei7_'thiat
it- the bes't interests of rhia'Cityv 'end,- of he
served by it s the SUIDJ eat Fropert%,k Can t T,! ci: b,� m a d q.
and e'hcered 1-nZo and that -3 9 the *ditions for U
cc QW-Ouramation
af'thd vurcha-se therein- '64-ded f Pbr can. be on t the
Property -,be Fuz`chased, cofflil%5�218ny pursuant to th G -C errms
thetsof i
NOW TMRMREFORZ,1BE IT 0-RDAINED BY 1; ME 'C 0 * 1(1, N COUNCIL
Of this City Z:fiat-e-
Section."L The City dhdll aAd it does bereby' Atteapt the
afdrePaid w-F f a- r .'t 6 - sel.l.the S,, a b J e c Propeity Mhl*ch hAb" b6len.made
by Ser-Ace Cam and thli t the di
Cy O'hall thrWgh ite..:'&1`
qualified, cow?'Ututed, and.. -acting Board 6f Public -Works Jan4_-- Safety
of -this City execate end deliver the Sl,Ibjdct Fvopwny cdntract for
and on behalf of this city,
n
the C"M®s,�ti�W ,Ste;
OPQ
Ine
C, s
and ad.jS, -16,
$
indlanaD
AS P_ubiic. S. vice Got I 11pa
Calued
ric
0 andavqner
after called t
des-dribed in. the
� r 0 hip
co�°��
®�d c e� located � �d ad jae. ,:nt t , C� ,' and has,
to sell the same tQ th1',3 r".t End
E:'Jiv
der the laws of the State of Ind1.OMMI.: tOthe
;...
and
TMER A9 the Ca Ra:01 Ogwilci l . ®t :CI
able than. this City purchase c. Sub j �c t : Fzx.
���'
a� has made to this City � �=reitten Off yee
Rs -�c��
ell
Pr apdrty upon the ,terma 4rtd . con.d tims, of 0
wntract ( ft ' al led , the e; S42b j 4-ct "prime � Arb -Ohed
to-wite r
EIREAS .the Co ca 'GoUrwil of tI:io
it ib , $ n the best . intere'S�3` Of ''alhie`may". and
c®1•amwers served. by it, � it the Subj
and entered ®�: And that ��� the ���i���� ���� .:.::'•, .e n��R.
of .thd Ourchase .-t':hereita. V 6-ceded for. enn b
Pros ert be y'aa�' ,� •
NOW BE IT ou'C"D.AINIED BY ME
of this City fia%
as dre,said offdr .td sell . the Subject F2?pP__c ph�h
y-eCompany., and he €the city shall thr®
4ualifted, constitute -ea.,
of -this City execute and deliver t%eS bj ect Pro,
and on -behalf of �his Cit'y..,'..
�b— '. e" .
r /"
O
and Light Company Of IA' A s Gw yq i s t'he ge"',:'er i-ng beady Of
Fa`lUL'.G&AUG w G3'f C'I.ni s �Pa��� be or.-] it 10 1-1 errs ! �E�Lpy
cr6
av,t nor zed to. �2@e vaLz-Ch olt the U'Z."-ULiZ:V DaaCr ' Fmd., , :F
City as is a"b•ec -79arv, to p^r,.,-Oeal,'�O'tE pee t tr o S cq
Company Ceder and 'p'', rev-r,. nt �;, a thiu, ter- mas of the Subj c C-t: P r op0' tY
Section ° he Board 09 Rs'blie Wkurho and Safety Of thiG
City be and they are emv,-p-owez-ed and di eeted to
take or Cause E:, be taken rall vbes : euassnr or ia'a the apin on
of the Board of Directors P9 thte RiUchmand Power and Light Company
@.7 6'CbGay,o '4O y�. s;E.--W7br.F,'e ev i-.e8 order that t:.GVv obl•w �.yS nt`o scynti of the Subc�-
MY, at the Q& hest' Maa--icab! e da F be p s ch asd by this Cite
under and parr ann to the teems of the Subjed.1 operty Contract.
it io Passed
by the Mnart rdMws:. pns wt 09 all @9 theme -tubers of the Co^u Cecil
of VOU 8 City vpsveo.ent". and Linhasn'; "L O pre-sc-I?'; and aJati-ng at least two-
tbia.rde of the I-w-'.' �Wrs Olee,' a of the Qcmlron CoLrMOU of s hi e ci tya
arce
and
pp ee �^ ��' gg�p Lam, ��vv �! &,,, �+ ;�1
PGSr.;3+33; Di . b.T Zino .�'ca xu cr 6�'•`ang cc-j2' Of t:h'm CI tsy of pick,
tus. d' day of
1962
•Idev gpvu paG
Aua61o� .,,
City GlIt.01a r.®
PREISMUTED to the IvIg-nnw.- s City0 1u
Cx
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"PRMLP 10AVID STGNED by me jtIj
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