Approving the Urban Renewal Plan together with the proposed amendments thereto and plan changes for the LaSalle Park Project

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RESOLUTION NO. v it- RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND APPROVING THE URBAN RENEWAL PLAN TOGETHER WITH THE PROPOSED AMENDMENTS THERETO AND PLAN CHANGES FOR THE LASALLE PARK PROJECT, INDIANA R -57 WHEREAS, under the provisions of Title I of the Housing Act of 1949, as amended, the Department of Housing and Urban Development Administrator is authorized to provide financial assistance to Local Public Agencies for under- taking and carrying out urban renewal projects; and WHEREAS, it is provided in such Act that contracts for financial aid thereunder require that the Urban Renewal Plan for the project area be approved by the governing body of the locality in which the project is situated and that such approval include findings by the governing body that: (1) the financial aid to be provided in the contract is necessary to enable the project to be undertaken in accordance with the Urban Renewal Plan; (2) the Urban Renewal Plan will afford maximum opportunity, consistent with the sound needs of the locality as a whole, for the rehabilitation or redevelopment of the urban renewal area by private enterprise; (3) the Urban Renewal Plan conforms to a general plan for the development of the locality as a whole; and (4) the Urban Renewal Plan gives due consideration to the provision of adequate park and recreational areas and facilities, as may be desirable for neighbor- hood improvement, with special consideration for the health, safety, and welfare of children residing in the general vicinity of the site covered by the Plan; and WHEREAS, the City of South Bend, Department of Redevelopment (herein called the "Local Public Agency "), has entered into a planning contract for financial assistance under such Act with the United States of America, acting by and through the Secretary of Housing and Urban Development, pursuant to which Federal funds were provided for the urban renewal project (herein called the "Project "), identified as "LaSalle Park Project, Indiana R -57" and encompassing the area bounded by a line drawn as follows: Beginning at the point of intersection of the north right - of -way line of Linden Avenue and a line which is an extension of the west right -of -way line of the alley between and parallel to Sheridan Avenue and Chicago Street; proceed east along the north right -of -way line of Linden Avenue to a point 129.0 feet, more or less, east of the east right -of -way line of Falcon Street; thence south along a line which is 129.0 feet, more or less, east of and parallel to the east right -of -way line of Falcon Street, a distance of 388.3 feet, more or less; thence at 90 degrees in a westerly direction a distance of 129.0 feet, more or less, to the east right -of -way line of Falcon Street; thence south along said right -of -way line a distance of 485.7 feet, more or less; thence at 90 degrees in an easterly direction a distance of 129.0 feet, more or less, to the west right -of -way line of the alley between and parallel to Falcon Street and Lake Street; thence south along said alley right -of -way line a distance of 116.0 feet, more or less; thence at 90 degrees in an easterly direction a distance of 203.0 feet, more or less, to the east right -of -way line of Lake Street; thence south along said right - of way line a distance of 50.0 feet, more or less; thence at 90 degrees in an easterly direction a distance of 793.0 feet, more