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HomeMy Public PortalAbout1842-1961 - The Excution of a Quitclaim Deed For Property sold to the State for $1.00d ORDZNMICE NO.IR42-1961 Am ORDSFANCE %U Chorizins the exertion of a Quitc)"Mim Med conuaying to, the State of Indiana all-zight, title, and igntereat in and to a certain VSVGraionazy intareat retained by said City in a conveyance heratogbre made t6 the State of Indiana. e. ITURREAS, he Cft ty of- Richni -,Dnd, heretofore, to -wit, by Warranty Deed dated May 9, 1949 and Recorded may 27'. 1949 in Deed ROCONd 230, page 242, convayed t* the State of Xndi na the following described.. real estate looted �.m - Richmand, Wwyae County, Indiana, to-witm "A part 02' the Southwest Quarter of Saction ,TgBirty- one (31�, Township 7m teen Q14) North, Rang® ona Q 1) Walt, in the city'of Richvmond, Wayne County, State of Indiana, the Tract hereby conveyed baing described as bollo€ s: Beginning at point In the R..Orth line of Went Mania street ®-ne Kundred Ginty Q160� feet iaaas't ®b thezot line of .utter Section and xunnisng thence North, parallel ith the East lane of said Quarter section Two Hundred Forty Q 4�� &et, thence eaettlardly .parallel wj-h .thy Worth Line of We@t Raba guest, One H undgd.d Sixty Q160� feet to the East line -of said .Quarter Section, thence Forth along the East line of said .thaart.er Section, Three Hundred. Sinty Q 360® Bast; thence west at tight =glss to the East line of said .Q u'akgtek Section Four Hundred 3ighteen ' a nd Fifty -Six Hundredths Q418o56� feet, thence tcuth.Five Q5D dagreez and Thirty -Mine Q39� minutes Raa.t Qaccepting th® bearing of the E&6t line ag said Ouarter section,.' Worth and Ocuth � Six Hundred Rigbt and Forty Hundredths . ,Q 6®S o 40 rdet, more or lose to the MoNth lane of West Min Street, thence eastwandly &,long the worth 1jrne o2 Wes"C Main Street Three gundred Eighteen and ninety Hundredths Q 31Sa 90b feet mgrs ®r less, t6 the place of -beginning, contain-1ng, 6LU &to& of Five and Thlo Hundred H aty-Mina Thousand ris Q5o 299 agxgs, more or ?MRUA5, said Warranty Deed contained the ,Mowing rever- sionary clause, to -wit, 0 "The foragoing conveyance is made upon the expramo conditions that the above described lands �d premises shall be forever maintaLned and uz solely for the use of the National Guard and for the further use and rpose 02 exacting and i taini gan Amory, and in case the said pro iris, or any vpa2ct thereof by the action, conseant,.. or neglect 0.2 the said gr=t8e h6w.q n -2- ` cease to be used and maintained for the purposea aforesaid for a period of two years, then the title to the above described land shall revert unto and vast in the grantor herein and all rights, title and interests of the grantees herein in and unto the above described lands shall absolutely cease and end." NMRERS, the Skate of Indiana has heretofore erected and hale since Such time maintained as National Guard K=Mry on , sald real estate© and, MIEWAS, the State Armny Board contemplates the expenditure of large sum of =nay in the orection Of a new Armory Building upon said read. OstQtG, and has lnsi.stsd that as a c®ndition precedent to the construction of said new Armory than the reversionary clause here- inabove set forth and aD contained in said Warranty Deed be conveyed, granted, and released unto the state .of Indian4. row MMREFORE o BE IT ORDAMM by the Commmon . council of the City of Richmond, Indiana' SECTION 1. Thit the City of Richmond, Indiana, by its Mayor and Attested by its City Merit, &eecuta .aiand deliver to the strata of Indiana, as Quitclaim Deedo graantinga conveying and releasing in and and to all right, title and intereavg it may have in and to the follow- Igag d®scribed rOPI estate located in Richmond,, ftyne County, :Indiana, to=E-Wit o "A part of the SOUthw0st Quarter of Section Thirty- one (31) , Township Fourteen (14) North, kaamnge One B 1) weat, In the City of Richmond, Wayne County, state of Indiana, the Tracthereby conveyed being described as follows Beginning at a point in the North line. of West main street one Hundred sixty B160) feet west of the 'East line of ',said Quaaa-ter Section and running thence North o parallel with the East line of said Qvaaster section Two Hundred Forty (240) feet,. thence.' eaaastwardly parallel with the North line of West Main street, One Hundred Sixty U60) feat to the East line of said Quarter. Section, thence North along the East lane of said Quarter Section, Three Hundred Six ty Q360� feet= thence west at right angles to the -East line of sasiid Quarter Section Your Hundred Eighteen a akd Fi2ty=Sias Hundredths Q418.56D feet,. thence South Five Q5p degrees and Thirty -Mine Q 3g D minutes West Q accepting the bearing -3- of the East line of said Quarter Section as North and South) Six Hundred Eight and , Forty Hurndredtha (608.40) Feet, ri=6 or less to the North line of Test Main Street,thange eastWudly along the north line of West Main Street Three Hundred Eighteen and Ninety Hundredths Q318.90) feet more or less, to the place of beginning, containing �a area ®f Five_and Two Hundred Minety-mine Thousandths (5.299) aak6s, snore or less." Prorided however, that in the event the siald new wry con- struction shall not be comenced w:.thin two (2� years'after the date of the enecution df the Quitclaim Deed, thew in that 87Fent, the great of said r®versional interest herein provided for shall b® null Encd voi.do Provided further hcrioever, it- 18 understood mod,: agreed .by the Grantee htrein that in the event that the saia erantos ®wall, after said constmetion, no longer have need for the s , . the grant . hall have the first option to purchase Sala real eotatia-, isod . the Approve - Monts thereon at the appraised valu s .:of the imprdv mits thereon as determined pursuant to the otatuteg 62 the State b� Indiana. SECTION 20 This ordinance shall be in full force and effect from and after its passage and approval by tl�e..Mejor and publication as by law required. PASSED by the Comon Council of the , C.it ' of Richmnd, Indiana this day of ti i6isidjiit of Camw n Council SUM.XWED by me to Rol.and Eta Cutter, Mayor of the City of Richmond, this day of 1961 at )®° clock A3• (C.5.T.) APPROVED by Roland H . 0atter, Mai