No. 2001 expanding the boundaries of the SBCDA, expanding the allocation area for purposes of TIF and amending the SBCDA development plan

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(5). South Bend Allocation Area No. I is hereby expanded to include Expansion Area No. 5 as described in the 30`h WHEREAS clause above so that the boundaries of the Allocation Area and the South Bend Central Development Area are coterminous excepting therefrom Expansion Area No. 4 as described and approved in Resolution No. 1737 adopted on February 18, 2000. (6). Any taxes levied on the property imposed under Ind. Code § 6 -1.1 in South Bend Allocation Area No. IA, as amended herein, shall be allocated, distributed and used as provided in Resolution No. 737, as amended, and the Act. (7). The base assessment date for Expansion Area No.5 for purposes of the Act is March 1, 2003. (8). The allocation area as expanded herein shall hereinafter be known as the "South Bend Central Allocation Area ( "South Bend Allocation Area No. IA ")" and is more particularly described as follows: A parcel of land being a part of the City of South Bend, Portage Township, St. Joseph County, Indiana and being more particularly described as follows: Beginning at the point of intersection of the South right -of -way line of Sample Street with the West right -of -way line of Michigan Street; thence North along said West right -of -way line of Michigan Street to its intersection with the Northerly line of the ILConrail Railroad (formerly Penn Central) right -of -way; thence Northwesterly along said Northerly railroad right -of -way line to its intersection with the Southerly projection of the West right -of -way line of Taylor Street; thence North along said West right -of -way line to its intersection with the Westerly projection of the North right -of -way line of vacated Monroe Street; thence East along the said projected right -of -way line to the intersection with the East right -of -way line of Taylor Street said point also being the Southwest corner of Lot 16, Block 7 of Vail's Southwest Addition to the City of South Bend; thence North along the said East right -of -way line to the intersection with the center line of the first 14 -foot vacated alley lying North of vacated Monroe Street; thence East along the said center line to a point on the said center line that is 93.00 feet west of the East right -of -way line of Williams Street; thence South parallel with the West right -of -way line of Williams Street, 114.00 feet; thence East 93.00 feet to a point on the East right -of -way line of Williams Street, said point being 8.00 feet South of the Southwest corner of Lot 6, Block 8, of said Vail's Southwest Addition and the beginning of the vacated Williams Street to the South; thence North 8.00 feet along the East line of Williams Street to the said Southwest corner of Lot 6, Block 8; thence East along the South line of said Lot 6, Block 8, to the Southwest corner of Lot 6, Block 8; thence Southeasterly to a point on the East line of Lot 31 of said Vail's Southwest Addition, said point being 25.00 feet North of the Southeast corner of said Lot 31; thence South IL -11-