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RESOLUTION NO. <br />A RESOLUTION OF THE SOUTH BEND COMMON COUNCIL <br />DECLARING CERTAIN PORTIONS OF THE DOWNTOWN AREA <br />OF SOUTH BEND, INDIANA, TO BE AN URBAN DEVELOP- <br />MENT AREA FOR PURPOSES OF I.C. 96 -1.1- 12.1 -1 <br />THROUGH I.C. ®6 -1.1- 12.1 -6 INCLUSIVE. <br />WHEREAS, upon investigation of the condition of the <br />downtown area of South Bend, Indiana, the Common Council <br />of South Bend, Indiana has found: <br />1. That the downtown area of South Bend, <br />Indiana, as specifically herein described, <br />has become blighted to such an extent that <br />such conditions cannot be corrected by <br />regulatory processes, or by the ordinary <br />operations of private enterprise, without <br />resort to the special provisions under state <br />law benefiting urban development areas. <br />2. That the public health and welfare will <br />be benefited by the redevelopment of such <br />area under the provisions of state law <br />benefiting urban development areas. <br />3. That the downtown area of South Bend, <br />Indiana, with respect to which these findings <br />are made is the area bounded as shown in <br />EXHIBIT "A ", which is attached hereto and made <br />part hereof. <br />(EXHIBIT "A ") <br />4. That the designation of such downtown area as <br />an urban development area for purposes of I.C. <br />96 -1.1- 12.1 -1 through I.C. 6- 1.1- 12.1 -6, inclu- <br />sive will materially benefit the city and inhab- <br />itants of South Bend, Indiana, by significantly <br />encouraging the construction, reconstruction, <br />improvement, and general development of the down- <br />town area and the buildings and land situated <br />therein. <br />Now, therefore, on the basis of such findings, and <br />after such investigation duly made by this Common <br />Council, BE IT HEREBY RESOLVED: <br />