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

Home Browse Search

WHEREAS, consistent with the Act, the Commission has previously caused to be prepared certain maps and plats of the South Bend Central Development Area, and has supplemented said maps and plats of the South Bend Central Development Area by causing to be prepared additional maps and plats depicting a blighted area that is located adjacent to the South Bend Central Development Area and heretofore referred to as "Expansion Area No. 5 "; and WHEREAS, said maps and plats of the South Bend Central Development Area and Expansion Area No. 5 show the boundaries of said areas, the location of the various parcels of property, streets, alleys and other features affecting the acquisition, clearance, replatting, replanning, rezoning or redevelopment of said areas and parts of the areas that are to be devoted to public ways, levees, sewerage, parks, playgrounds and other public purposes under the plan for the redevelopment of the South Bend Central Development Area and Expansion Area No. 5 as described above; and WHEREAS, the Commission desires to further amend Resolution No. 737 by expanding the South Bend Central Development Area to include Expansion Area No. 5 in order to facilitate and enhance the replanning, redevelopment and disposition of property within said combined areas; and WHEREAS, the South Bend Central Development Area as expanded by Expansion Area No. 5 shall hereinafter be referenced as the "Development Area "; and WHEREAS, there was also presented to this meeting of the Commission for its consideration and approval a proposed amendment to the South Bend Central Development Area Development Plan ( "Plan ") entitled "Amendment to the South Bend Central Development Area Development Plan, Expansion Area No. 5, Studebaker Museum" ( "Amendment "), which said Amendment is attached hereto and incorporated herein as Exhibit "A "; and WHEREAS, the Amendment to the Development Plan sets out the boundaries of the Development Area and further identifies the types of redevelopment projects and purposes to be undertaken in the Development Area; and WHEREAS, the Development Plan as amended is entitled the "South Bend Central Development Area Development Plan South Bend, Indiana" dated October 3, 2003 and is hereinafter referenced herein as the "Development Plan "; and WHEREAS, the Development Plan has been revised consistent with the proposed Amendment described herein, and has been considered by the Commission at its meeting; and WHEREAS, the Development Plan, as amended, consists of a typewritten document comprised of 28 pages plus modifications and 2 exhibits; and WHEREAS, Section 39 of the Act permits the creation of an allocation area within a blighted area to provide for the allocation and distribution, as provided by the Act, of the proceeds of taxes levied on property situated in the allocation area; and L