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No. 2015 contracting the boundaries of the SBCDA, reducing the allocation area for purposes of TIF and amending the development plan for the SBCDA
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No. 2015 contracting the boundaries of the SBCDA, reducing the allocation area for purposes of TIF and amending the development plan for the SBCDA
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10/18/2012 1:52:33 PM
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South right -of -way line of Sample Street; thence Southwesterly along said South right -of -way <br />ILI line to the centerline of the St. Joseph River; thence meandering Northwesterly along said <br />centerline to the Easterly projection of the Southerly right -of -way line of Monroe Street; thence <br />Southwesterly along said projection and the Southerly right -of -way line of Monroe Street to the <br />Easterly right -of -way line of Lincolnway East (U.S. Highway #933); thence Southeasterly along <br />said Easterly right -of -way line to the South right -of -way line of Sample Street; thence West <br />along said South right -of -way line to the place of beginning containing 577.17 acres more or <br />less. <br />C. Development Plan Goals <br />The overall goal for the Area is to achieve the economic revitalization and physical <br />redevelopment of the Area as an attractive, exciting, unique and viable urban center for people, <br />businesses, and institutions. Related to this goal are various sub -goals: <br />1. To make the Area a multi -use regional center for North Central Indiana and South Central <br />Michigan for business and consumer services, specialty retail, governmental and medical <br />services, cultural, entertainment, recreational, and convention uses <br />IL 2. To strengthen the residential component of the Area by increasing the number and type of <br />middle income housing units <br />3. To increase the level of private investment and reinvestment in the Area <br />4. To increase both the personal and real property tax base within the Area <br />5. To retain and increase jobs within the Area by retaining and attracting both consumer <br />service, business service and light industrial uses <br />6. To increase the functions and facilities within the Area to make it an attractive and <br />competitive area for living, working, and recreation <br />7. To enhance and strengthen the various linkages between the Central Business District, <br />East Bank and Monroe Park <br />8. To create the physical and organizational environment that will facilitate and enhance the <br />phase -in of private resources and the phase -out of extraordinary public investment <br />9. To make the old and new buildings, facilities, and public improvements work together to <br />enhance the uniqueness and attractiveness of the Area <br />A <br />
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