No. 2055 adopting certain findings related to property located at 305 E. Colfax St. and approving the temporary use of 305 E. Colfax St. by East Race Fire Arts, LLC

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r RESOLUTION NO. 2055 A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION ADOPTING CERTAIN FINDINGS RELATED TO PROPERTY LOCATED AT 305 EAST COLFAX STREET AND APPROVING THE TEMPORARY USE OF 305 EAST COLFAX STREET BY EAST RACE FIRE ARTS, LLC WHEREAS, the South Bend Redevelopment Commission is the owner of certain real property and improvements located at 305 East Colfax Street ( "Property ") in the South Bend Central Development Area ( "Area "), said property and improvements being more commonly known as the former P.A.C. Graphic Building ( "PAC Building "); and WHEREAS, the Commission acquired the Property in accordance with the South Bend Central Development Area Development Plan ( "Development Plan ") and intends to demolish the improvements located on the Property to facilitate future development projects in furtherance of the Development Plan; and WHEREAS, the Commission does not anticipate demolition to occur until a undetermined future date and as such, acknowledges that the Property will remain vacant for an indefinite period of time which may detract from development of the Area and exacerbate the appearance of decline in the Area; and WHEREAS, until such time as the PAC Building is demolished, the Commission believes that the Property will likely deteriorate and the Commission would be required to expend certain funds in order to maintain the PAC Building in a condition that is not injurious to the health, safety and welfare of the general public; and WHEREAS, East Race Fire Arts ( "ERFA "), a subsidiary of Sculptural Arts, LLC, is an organization consisting of several artists and ERFA is in need of a facility suitable for use as artists' studios and for the display of art work; and WHEREAS, ERFA has requested the temporary use of the Property for its artistic endeavors and in consideration thereof is willing to undertake clean-up and minor repair of the Property; and WHEREAS, ERFA has expressed a willingness to donate its artistic services and /or dedicate artwork to the community in exchange for the temporary use of the Property; and WHEREAS, the Commission believes that ERFA's use and occupancy of the Property will ensure that the Property is being maintained in a safe condition pending demolition and may have (60� the added benefit of bringing renewed interest to the Area as a catalyst for future development.