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5843
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5843
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Last modified
12/6/2004 2:48:07 PM
Creation date
11/5/2014 12:19:54 PM
Metadata
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City Ordinances
Passed
2/10/1992
Ordinance Number
5843
Bill Number
8054
Introdate
1/27/1992
Description
Adopting TIF funding for financing redevelopment actrivities w/i Olive Central TIF district, approving funding, authorizing a subaccount to finance, authorizing city to enter a loan agreement,
Introduced By
Schoomer
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(mOre o~ less) to an inside corner of said Stauffer tract; thence northerly, <br />along a westerly line of said Stauffer tract, 15 feet (more or less) to <br />the-northvesc comer of same; thence easterly, along the northerly line <br />of said S~au£fer tract, 350 feet (more or less) to its intersection with <br />the westerly line of Ferguson Avenue (60 feet wide); thence southerly, <br />along the wescerly line of Ferguson Avenue, 5 feet (more or less) to its <br />intersection with the westerly prolongation of the northerly line of a <br />15 foot wide alley in Block 4 of Sadlet Place Addition; thence easterIT, <br />along said northerly line ann its prolongation, at 60 fe~t (more-or less) <br />passing the easterly line of said Ferguson Avenue, at 576 feet (more or <br />less) passing the westerly line of Sadlet Way (8 feet FIde), at 584 feet <br />(more or less) passing the easterly.line of said Sadlet Way, at 1,045 feet <br />(more or less) passing the westerly line of Kingsland Avenue (60 feet <br />vide) and con~inuing for a total distance of 1,105 feet (more or less) <br />to its intersection with the easterly line of said K~ngsland Avenue; thence <br />southerly, along the easterly line of Kingsland Avenue 2 feet (more or <br />less) to i~s in~ersection with the northerly line of a 15 foot wide alley <br />in Block 2 of said Balsons Olive SCreet Addition; thence easterly, along <br />the northerly line of said alley, 100 feet (more or less) to its incersection <br />with the northerly prolongation of the easterly line of a certain tract <br />of land 'as described in deed to Robert E. and Elizabech ~a~ick recorded <br />in Book 7266, Pa~e 2367 o~ the St. Louis County Records; thence southerly, <br />along the easterly line of said Natick tract and its northerly prolongation <br />and its southerly prolongation, at 15 feet passing the southerly line <br />of said alley (same being the Northeast cornnet of said ~atick tract), <br />a= 159 feet (more or less) passing the northerly line of Olive Boulevard <br />(same bein~ ~he Southeast comer of said ~atick tract) and continuing <br />for a total distance of 209 feet (more or less) to a point in the southerly <br />line of said 0live Boulevard; thence westerly, along said sou=hotly line <br />of Olive Boulevard, 152 feet (more or less) to the Northeast corner of <br />a cer=ain trac= as described in deed to the E and Clearance for Redevelopmenr <br />Au=horiry of Universi=y City recorded in Book 6466, Page'957 of the St. ~ouis <br />County Records; thence southvesterly, along the Southeast line of laid <br />University Ci=y =tact,' ~40 feet (more or less) to its intersection with <br />the northerly line of a 15 foot wide abandoned alley in Block 3 of Vernon <br />Place Subdivision; thence southerly, along an easterly line of said Universi~y <br />Cl=y =rat=, 7.5 fee= (more or less) ~o its intersection with the centerline <br />of said alley; thence vestsfly, along the centerline of said alley, 5 feet <br />(more or less) to its intersecT/on vith the easterly line of Kingsland <br />Avenue (60 fee= vide); ~hence southerly, along the easterly line of said' <br />Kingsland Avenue, 137.5 feet (more or less) to its intersection with the <br />nor=hotly line of Vernon Avenue (60 fee~ wide); ~hence easterly, along <br />the northerly line of said Vernon Avenue, l0 feet (more or less) to its <br />intersection v~th the northerly prolongation of the easterly line of Kingsland <br />Avenue (80 fee= vide); thence sou=hotly, along said eas=erly line of Kingsland <br />Avenue and i=s northerly prolongation, at 60 feet (more eor less) passing <br />the sou=hotly line of said Vernon Avenue, at 991 feet (more or less) ~assing <br />the northerly line of Clemens Avenue (85 Eeet wide), at 1,076 feet (more <br />or less) passin~ the southerly line of said Clemens AvenUe and continuing <br />for a total distance of 1,171 feet (more or less) to:its intersection <br />wi~h the eas=e=ly prolongation of the southerly line of a certain trace <br />of land as described in deed to the University City School bistric recorded <br />in Book 29~, Pa~e 542 of the St. Louis County Records; thence vestsfly, <br />along said southerly llne and its prolongation, at 80'feet (more or less) <br /> <br /> <br />
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