No. 1914 designating the SSDA declaring the SSDA to be blighted/ establishing an allocation area for purposes of TIF

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I. INTRODUCTION A. Purpose The purpose of this general development plan is: to establish an organizing vision, mission statement, strategy and action plan for the redevelopment, revitalization and renewal of the South Side Development Area which is located in the southern quadrant of South Bend; 2. to form a new redevelopment and tax increment allocation area; 3. to support and coordinate the activities within a sales tax increment finance district proposed for designation within the Erskine Hills Sub -Area; 4. to establish the framework for a collaborative, detailed planning program involving neighborhood residents, area businesses, and civic and institutional partners, for each of the sub -areas within the larger planning and development area known as the South Side Development Area. B. Project Area Overview The South Side Development Area is composed of four separate sub- areas including the East Ireland Road Sub -Area, the Erskine Hills Sub -Area, the South Gateway Sub -Area and the Michigan & Main Street Commercial Corridor Sub -Area (See Map 2). The designation of this project area will allow for these four sub -areas to be developed, planned and managed in cohesive manner over the full lifespan of this development area. The designation of this project area as a redevelopment area, and the creation of both a tax increment finance (TIF) and a sales tax increment finance (STIF) district, will allow for the full set of tools and funding mechanisms to be used in redevelopment and development efforts within this project area. Brief sub -area descriptions are included within this plan, but future plans for the sub -areas will be developed as redevelopment and development activities necessitate a specific action and plan. All future sub -area plans will be developed within the context of this larger plan. The new planning and development project area will total approximately XXXX acres of land. The land uses within the South Side Development Area include industrial, commercial, residential and public uses, park land and open 4