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<br />r~" <br /> <br />01U>INANCE NO. L, 1985 <br />AN ORDINANCE DESIGNATING ECONOMIC DEVELOPMENT TARGET AREA <br /> <br />BE IT ORDAINED by the Board of Trustees of the Civil Town of Mooresville, <br /> <br />Indiana, that: Ry the ~owers vested in the Board of Trustees of the Civil Town <br /> <br />of Mooresville, Indiana by the laws of the State of Indiana and all amendments <br /> <br />thereto, and specifically by the power granted under Indiana Code 36-7-12-38 the <br /> <br />Town Board of Trustees finds that the following described real property recommended <br /> <br />to the Board of Trustees by the Mooresville Economi~ Development Commission as an <br /> <br />"Economic Development Target Area" and the Board of Trustees does find the same to <br /> <br />be an Economic Development Target Area as defined in the Indiana Code: <br /> <br />NOW THEREFORE, BE IT ORDAINED, by the Board of Trustees of the Civil Town <br /> <br />of Mooresville, Indiana; That the following described real property be designated <br /> <br />an Economic Development Target Area pursuant to Indiana Code 36-7-12-38: <br /> <br />A part of the South half of Section 31, Township 14 North, Range 2 <br />East of the Second Principal Meridian, bounded and described as fol- <br />lows, to-wit: <br /> <br />Commencing at an iron 'pipe found marking the Northeast corner of <br />CharlesW. Carmichael's "Redgewood Subdivision" First section, as <br />platted and recorded in Deed Record l61, Page 184 of the records of <br />Morgan County, said iron pipe being 333.3 feet East and 2575.5 feet <br />North of the South one-half mile stone of Section 31, Township and <br />Range aforesiad; thence South 86 degrees II minutes 39 seconds West <br />355.68 feet (assumed bearing) along the North line of said '~idge- <br />wood Subdivision" and the Kendrick Memorial Hospital property as <br />recorded in Deed Record 217, Page 516 to the point of beginning of <br />this description; thence South 00 degrees 00 minutes 00 seconds <br />East 342.96 feet; thence South 89 degrees 47 minutes 21 seconds West <br />75 feet to the Northeast corner of the existing Kendrick Memorial <br />Hospital Building; thence South 89 degrees 47 minutes 21 Seconds <br />West 46 feet along the North wall of said building to the North- <br />west corner of said building; thence South 89 degrees 47 minutes <br />21 seconds ,West 70 feet; thence North 38 degrees 18 minutes 59 <br />seconds West 182.79 feet; thence North 00 degrees 00 minutes 00 <br />seconds East 180 feet to the North line of said Kendrick Hospital <br />property; thence North 89 degrees II minutes 39 seconds East 305 <br />feet to the place of beginning. Containing in said description <br />2.14 Acres, more or less. Subject to the right-of-way of the <br />County Road along the North line of said tract, and other ease- <br />ments of record. <br />