Declaring certain portions of the Downtown Area to be an Urban Development Area

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RESOLUTION NO. 719 -79 A RESOLUTION OF THE SOUTH BEND COMMON COUNCIL DECLARING CERTAIN PORTIONS OF THE DOWNTOWN AREA OF SOUTH BEND, INDIANA, TO BE AN URBAN DEVELOP- MENT AREA FOR PURPOSES OF I.C. 06 -1.1- 12.1 -1 THROUGH I.C. 96 -1.1- 12.1 -6 INCLUSIVE. WHEREAS, upon investigation of the condition of the downtown area of South Bend, Indiana, the Common Council of South Bend, Indiana has found: 1. That the downtown area of South Bend, Indiana, as specifically herein described, has become blighted to such an extent that such conditions cannot be corrected by regulatory processes, or by the ordinary operations of private enterprise, without resort to the special provisions under state law benefiting urban development areas. 2. That the public health and welfare will be benefited by the redevelopment of such area under the provisions of state law benefiting urban development areas. 3. That the downtown area of South Bend, Indiana, with respect to which these findings are made is the area bounded as follows: Commencing at the intersection of the centerline of East Washington Street and the centerline of St. Joseph Street in South Bend, Indiana; thence northerly along the centerline of St. Joseph Street to the centerline of East Colfax Avenue; thence westerly along the centerline of East Colfax Avenue to its intersection with the centerline of Michigan Street as formerly existing (which such point is located 41.25 feet North and 49.5 feet East of the Northeast corner of Lot No. 13 in the Original Plat of South Bend, Indiana); thence southerly along the centerline of what was formerly known as Michigan Street to the centerline of Washington Street; thence easterly along the centerline of Washington Street to the intersection with the centerline of St. Joseph Street and the point of beginning. 4. That the designation of such downtown area as an urban development area for purposes of I.C. §6 -1.1- 12.1 -1 through I.C. §6 -1.1- 12.1 -6, inclusive will materially benefit the city and inhabitants of South Bend, Indiana, by significantly encouraging the construction, recon- struction, improvement, and general development of the downtown area and the buildings and land situated therein. Now, therefore, on the basis of such findings, and after such investigation duly made by this Common Council, BE IT HEREBY RESOLVED: