No. 1952 amending the SBCDA development plan

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September 7, 2001; and WHEREAS, Resolution No. 737 was further amended by Resolution No. 1901 adopted on September 6, 2002; and WHEREAS, Resolution No. 737 was further amended by Resolution No. 1922 adopted on December 6, 2002; and WHEREAS, the Development Plan includes a list of parcels of property to be acquired; and WHEREAS, it is necessary to modify the list of parcels of property to be acquired by adding a parcel of property to the list; and WHEREAS, I.C. 36 -7 -14 -17.5 provides the means for approving an amendment to the Development Plan that involves the addition of one or more parcels to the list of parcels to be acquired; and WHEREAS, the Commission has complied with the notice provision of I.C. 36- 7- 14- 17.5(a) and (e); and WHEREAS, at the hearing held by the Commission on the 7`h day of March, 2003, at 10:00 a.m., Eastern Standard Time, at 1308 County -City Building, South Bend, Indiana, the Commission heard all persons interested in the proceedings and received and considered written remonstrances and objections and other such evidence presented. NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT COMMISSION, GOVERNING BODY OF THE CITY OF SOUTH BEND, DEPARTMENT OF REDEVELOPMENT, AS FOLLOWS: 1. The Commission finds that the amendment is reasonable and appropriate when considered in relation to the Development Plan. 2. The Commission fords that the Development Plan, with the proposed amendment, conforms to the comprehensive plan of the City. 3. To accomplish redevelopment of the Area it is necessary to acquire additional land within the Area as shown on page 22(V) of the Development Plan attached hereto and incorporated herein. 4. It is estimated that the cost of acquisition and redevelopment of the properties being added to the acquisition list is $70,000.00. 5. The Development Plan is amended at page 22(V) as shown by the page attached hereto, and is hereby in all respects approved.