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South Bend Redevelopment Commission <br />Regular Meeting — February 4, 2005 <br />6. NEW BUSINESS (CONT.) <br />A. Public Hearings <br />(1) continued... <br />Ms. Greene noted that under I.C. 36 -7 -14- <br />17.5, the Commission is not required to have <br />evidence or make findings that were required <br />for the establishment of the original <br />development area. However, the Commission <br />is required to make the following findings <br />before approving the amendment: (1) The <br />amendment is reasonable and appropriate <br />when considered in relation to the original <br />resolution, plan and purposes of I.C. 36 -7 -14, <br />and (2) The resolution or plan, with the <br />proposed amendment, conforms to the <br />comprehensive plan for the City of South <br />Bend. Resolution No. 2119 includes this <br />language and accordingly, adoption by the <br />Commission would satisfy the requirements <br />of the statute. In addition, the Commission is <br />required to consider any written <br />remonstrances that are filed during the filing <br />period specified in the notice. <br />Mr. Laurent reported that Resolution <br />No. 2119 will add one property to the <br />Sample -Ewing Development Area <br />Development Plan acquisition list. This <br />property is located at 746 South Arnold <br />Street. The property is owned by Peterson <br />Printing Corporation, which is in Chapter 11 <br />bankruptcy. Staff has been contacted by the <br />bankruptcy trustee due to the property's lack <br />of marketability and the Commission's <br />significant investment in the adjacent Oliver <br />site. <br />Following initial contact from the trustee, <br />staff has had further discussions with the <br />c <br />