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

Home Browse Search

WHEREAS, lists have heretofore been prepared indicating that no parcels of property are proposed to be acquired within the Area, and therefore, that no appraisals have been made of the fair market value of any parcels in the Area at this time; and WHEREAS, there was presented to this meeting of the Commission for its consideration and approval, a copy of the development plan for the Area, dated November 1, 2002, which plan is entitled "South Side Development Area Plan" ( "Plan ") as proposed by this Declaratory Resolution dated November 1, 2002, consisting of 42 pages and 23 exhibits; and WHEREAS, the Commission has, a meeting held this day and open to the public heard evidence and reviewed the maps and plats presented at the meeting and considered same. NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT COMMISSION, AS FOLLOWS: 1. The Commission now declares the South Side Development Area ( "Area ") which is described in the fourth WHEREAS clause above, as blighted and deteriorated and a menace to the social and economic interests of the City of South Bend and its inhabitants and that it will be of public utility and benefit to acquire real estate and improvements in the Area and to redevelop the Area under the Act. 2. The South Side Development Area Plan ( "Plan ") proposed by this Declaratory Resolution of November 1, 2002 and as attached hereto and incorporated herein, is hereby approved subject to a Confirmatory Resolution after a duly called meeting. 3. The previously prepared maps and plat showing the boundaries of the Area, the location of the various parcels ofproperty, streets, alleys, and other features affecting the acquisition, clearance, replatting, replanning, rezoning or redevelopment of the Area, indicating any parcels of property to be excluded from acquisition, and indicating the parts of the Area to be devoted to public ways, levees, sewerage, parks, playgrounds, and other public purposes under the Plan are hereby approved. 4. The previously prepared list indicating that there are no parcels of property within the Area to be acquired at the present time and is hereby approved. 5. The estimated cost of acquiring property in the Area, as determined by taking the average of two (2) separate appraisals made by independent appraisers, is $0.00, is hereby approved. 6. In determining the location and the extent of the Area proposed to be acquired for redevelopment, the Commission has given consideration to transitional and permanent provisions for adequate housing for residents of the Area who will be displaced by this redevelopment project, and the Commission hereby adopts the South Side Relocation Policy as the policy by which the Commission will be guided in providing for such persons displaced by the action of the Commission. -2-