No. 1928 confirmatory resolution of SBRC for SSDA ratifying/confirming No. 1914 designating the SSDA, declaring the SSDA to be blighted approving a dev. plan establishing TIF

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RESOLUTION NO. 1928 A CONFIRMATORY RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION FOR THE SOUTH SIDE DEVELOPMENT AREA RATIFYING AND CONFIRMING RESOLUTION NO. 1914, DESIGNATING THE SOUTH SIDE DEVELOPMENT AREA, DECLARING THE SOUTH SIDE DEVELOPMENT AREA TO BE BLIGHTED, APPROVING A DEVELOPMENT PLAN AND CONDITIONS UNDER WHICH RELOCATION PAYMENTS WILL BE MADE, AND ESTABLISHING AN ALLOCATION AREA FOR PURPOSES OF TAX INCREMENTAL FINANCING WHEREAS, in accordance with Ind. Code § 36- 7 -14 -17 of the Redevelopment of Blighted Areas Act of 1981 ( "Act "), as Amended and Supplemented, the City of South Bend, Indiana Redevelopment Commission ( "Commission ") at its regular meeting ofNovember 1, 2002 approved and adopted Resolution No. 1914 ( "Declaratory Resolution ") designating the area described below as the South Side Development Area ( "Area "), declaring the South Side Development Area to be blighted, approving the South Side Development Area Development Plan ( "Development Plan"), approving conditions under which relocation payments will be made and establishing an allocation area for purposes of tax incremental financing: A PARCEL of land being a part of the Northeast Quarter of Section 26, and a part of Southeast Quarter of Section 23 and a part of the West half of Section 24, all in Township 37 North, Range 2 East, City of South Bend, Centre Township and Portage Township, St. Joseph County, Indiana and being more particularly described as follows: BEGINNING at the intersection of the South right -of -way line of Chippewa Avenue and the West right -of -way line of the now abandon Penn Central Railroad located in the Northeast Quarter of said Section 26; thence Northeasterly and Northerly along said West right -of -way line to the Southerly right -of -way line of Ewing Avenue; thence East along said South right -of -way line to the first North - South property line located East of Michigan Street; thence South along said first North -South property line to the North right -of -way line of Altgeld Street; thence East along said Altgeld Street, a distance of 5 feet to the West right -of -way line of the first alley East of Michigan Street projected North; thence South along said West right -of -way line and its projection to the South right -of -way line of Donmoyer Avenue; thence East along said South right -of -way line to the West right -of -way line of St. Joseph Street; thence South along said West right -of -way line to the North right -of -way line of Farneman Street; thence West along said North right -of -way line