Approving the urban Renewal Plan and the feasibility of relocation for the neighborhood development program project

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RESOLUTION NO. 370-73 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND APPROVING THE URBAN RENEWAL PLAN AND THE FEASIBILITY OF RELOCATION FOR THE NEIGHBORHOOD DEVELOPMENT PROGRAM PROJECT NUMBER IND. A-10. 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 undertaking and carrying out urban renewal pro- jects; and WHEREAS, it is provided in such Act that contracts for financial aid thereunder shall require that the Urban Renewal Plan for the respective 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 pro- vided 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 provisions of adequate park and recreational areas and facilities, as may be desirable for neighborhood 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") , is now operating under a letter to proceed which will lead to a loan and grant 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 projects within the Neighborhood Development Program (herein called the "Project") , identified as "Model Neighborhood #1 and Southeast Neighborhood #1" and encompassing an area respectively by a line drawn as follows: Model Neighborhood #1 Beginning at a point on the southerly right- of-way line of Orange Street and the westerly right-of-way line of Olive Street; thence in a northerly direction along the westerly right-of-way line of Olive Street to the northerly right-of-way line of Linden Avenue; thence in an easterly direction along the northerly right-of-way line of Linden Avenue to the easterly right-of-way line of Sadie Street; thence in a southerly direction along the easterly right-of-way line of Sadie Street to the southerly right-of-way line of Orange Street; thence in a westerly direction along the southerly right-of-way line of Orange Street to the westerly right-of-way line of Olive Street which is the place of beginning, containing approximately 319, 000 sq. ft.