No. 2006 expanding the boundaries of the AEDA, expanding the allocation area for purposes of TIF and amending the AEDA development plan

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bearing North 64 degrees 12 minutes 33 seconds East; thence East along said northerly right - of -way curve, a distance of 115.99 feet; thence South 0 degrees 11 minutes 04 seconds East, a distance of 119.25 feet to the southwest corner of Lot 1 of Bogue's Major Subdivision, described in Instrument Number 8932797, as recorded in the office of said Recorder and the northwest corner of land described in Instrument Number 9331954, as recorded in the office of said Recorder; thence along the boundary of said land the next two (2) courses; (1) South 26 degrees 45 minutes 04 seconds East, a distance of 66.96 feet; (2) thence North 89 degrees 49 minutes 49 seconds East, a distance of 556.25 feet to east line of the west 160 acres of the south half of said Section 18 and the POINT OF BEGINNING. Also including: A Part of the Southeast Quarter of the Southwest Quarter of Sec 19, Township 38 North, Range 2 East; a part of the Northeast Quarter of the Northwest Quarter of Section 30, Township 38 North, Range 2 East, all in German Township, St. Joseph County, Indiana, being more particularly described as follows: Beginning at the Southeast Corner of the Olive Road Commerce Park, Section 2; thence south along the City of South Bend Corporate Limits to the Northeast Corner of Lot 1 of Miller -Owens Minor Subdivision; thence west along the North Line of Said Subdivision 660 Feet; thence north parallel to the City of South Bend Corporate Limits to the north right -of- way line of Cleveland Road; thence east along said right -of -way line to a point 340 feet from the City of South Bend Corporate Line, also being the west property line of a parcel owned by Ernest and Bernice Mahler, Tax Key Number 04- 1011 -0189; thence north to the City of South Bend Corporate Limits at the south line of the Olive Road Commerce Park Section One Subdivision; thence east along the south line of Olive Road Commerce Park 330.24 feet to the place of beginning. 2. The Airport Economic Development Area Allocation Area No. 1 (Allocation Area No. 1 ") is hereby expanded to include Expansion Area No. 17 as described in the seventeenth Whereas clause above, so that the boundaries of the Allocation Area and the Area are coterminous. Any taxes levied on the property imposed under I.C. 6 -1.1 in the Allocation Area shall be allocated, distributed and used as provided in Resolution No. 919, as amended, and the Act. The base assessment date for Expansion Area No. 17, for purposes of the Act, is March 1, 2003. The Allocation Area as expanded shall be hereinafter known as "Airport Economic Development Area, Allocation Area No. 1" ( "Allocation Area No. I"). 3. To accomplish development of the Area it is necessary to acquire additional land within the Area as shown on the Property Acquisition List included in the Economic Development Plan attached hereto and incorporated herein. 4. It is estimated that the cost of acquiring the property being added to the acquisition list is $345,000. 5. The proposed amendment to the Development Plan as attached hereto is hereby in all respects approved. 6. The Commission finds that the proposed amendment to the Development Plan and to Resolution No. 919, as amended, is reasonable and appropriate when considered in relation to the Development Plan and to Resolution No. 919, as amended, respectively, and the purposes of the Act. L, -14-