No. 2019 expanding the boundaries of the AEDA, expanding the allocaation area for purposes of TIF and amending the AEDA development plan

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A 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. Also including: A part of the Southwest Quarter of the Southwest Quarter of Section 17, Township 38 North, Range 2 East, City of South Bend, German Township, St. Joseph County, Indiana, being more commonly described as follows: Commencing at a point 110 feet East of the Southwest corner of the Southwest Quarter of said Section 17; thence North parallel with the West line of said Section 17, a distance of 200 feet to an iron stake; thence East 110 feet to an iron stake; thence South and parallel with the West line of said Section 17, a distance of 200 feet to the South line of said Section 17; thence West and along the South line of said Section 17, 110 feet to the place of beginning. 2. The Airport Economic Development Area Development Plan is hereby amended to include the properties described at Exhibit A attached hereto to the Property Acquisition List for the Airport Economic Development Area. 3. The Commission hereby 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. 4. The Commission hereby finds that the Development Plan, as amended herein, and Resolution No. 919, as amended herein, conforms to the comprehensive plan of the City. 5. The Airport Economic Development Area, Allocation Area No. 1 ( "Allocation Area No. V) is hereby expanded to include Expansion Area No. 18 as described in the WHEREAS clause above, so that the boundaries of the Allocation Area and the Area are coterminous as set forth in the preceding Paragraph 1. Any taxes levied on the property imposed under I.C. 6 -1.1 in the Airport Economic Development Allocation Area, Allocation Area No. 1 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. 18, for purposes of the Act, is March 1, 2003. The Allocation Area as expanded herein shall be hereinafter known as "Airport Economic Development Area, Allocation Area No. 1" ( "Allocation Area No. 1 "). 6. The proposed amendment to the Development Plan as attached hereto is in all respects hereby approved. 7. All other findings, determinations, and conclusions in Resolution No. 919, as -16-