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

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In the Spring of 2002, the St. Joseph County Commissioners and the City of South Bend Department of Community & Economic Development prepared and was awarded a brownfield site assessment grant from the Indiana Department of Environmental Management (IDEM) to study the Fitterling Landfill property. The grant allowed the financial resources to prepare a Phase 1 and 2 environmental investigation of the property to determine the potential for its reuse as a commercial development site. III. PROJECT AREA STRATEGY A. Guiding Principles The South Side Development Area is based on the following set of guiding principles: • The public sector's actions must be catalytic in nature in order to spark private sector investment and reinvestment. The private r sector investment must include activities in the industrial, commercial, and residential portions of the area. • The public sector's actions must be holistic in approach — physical redevelopment and revitalization activities must be integrated into a social, economic, and organizational agenda for action. • The public sector's actions must be based on a true partnership between and among private sector entities, such as private businesses, financial institutions, neighborhood organizations, and community and civic institutions. • The long term success of this plan will require private sector leadership and the commitment of businesses, neighborhoods and institutions. Conversely, public sector plans must be guided by a strategy and action plan that supports empowerment of the neighborhood, business and institutional leadership. The public sector investment must leverage substantial investment by individuals, households, businesses and institutions. • The public sector investment plan must include a variety of funding e, sources — dependence or over - dependence on one public funding source will undercut the long term plan. sw 19