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WHEREAS, the Commission and the City have entered into a "Contract for Sale <br />of Land for Private Redevelopment" (the "Contract ") with AJW South Bend Realty Corporation <br />and The TJX Companies to provide for the location of a warehousing and distribution center (the <br />"TJX Project ") in the general vicinity of Sample and Olive Streets in the City (the "TJX Site "); <br />and <br />WHEREAS, the TJX Project will ultimately result in the creation of <br />approximately 850 jobs with an estimated annual payroll of Thirty Million and 00 /100 Dollars <br />($30,000,000.00); and <br />WHEREAS, the Commission has agreed in the Contract to undertake certain local <br />public improvements to accommodate the location of the TJX Project in the Area, such local <br />public improvements including without limitation property acquisition, demolition and removal <br />of existing buildings and environmental remediation and related redevelopment and economic <br />development activities at and around the TJX Site (collectively, the "Project "); and <br />WHEREAS, to amend the Resolution, the Commission must comply with the <br />notice provisions of Section 14- 17.5(a) of the Act; and <br />WHEREAS, the Commission desires to authorize publication of a notice of public <br />hearing to be held on Friday, September 6, 2002; and <br />NOW THEREFORE, BE IT RESOLVED by the South Bend Redevelopment <br />Commission as follows: <br />SECTION 1. The Commission hereby authorizes the publication of a notice of <br />public hearing on the amendment of the Resolution. The Commission hereby schedules the <br />public hearing on the amendment of the Resolution to be held on September 6, 2002, at 10:00 <br />a.m. (local time) in Room 1308 located on the thirteenth (13th) floor of the County -City <br />Building, 227 West Jefferson Boulevard, South Bend, Indiana. <br />SECTION 2. This Resolution shall be in full force and effect after its adoption <br />by the Commission and shall not be repealed or amended in any manner which would serve to <br />adversely affect the publication of a notice of public hearing contained herein <br />-2- <br />SBIMAN 1 130766v 1 <br />