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' $25,200,000.00; and <br />WHEREAS, it is now estimated that the total cost of acquisition and redevelopment of the <br />Area, including the cost of the acquisition of the parcels of property identified at Exhibit "B ", <br />will be $25,200,000.00; and <br />WHEREAS, I.C. 36 -7 -14 -17.5 provides the means for approving an amendment to the <br />Development Plan that involves the addition of one or more parcels to the list of parcels to be <br />acquired; and <br />WHEREAS, the Commission has complied with the notice provision of I.C. 36-7-14 - <br />17.5(a) and (e); and <br />WHEREAS, at the hearing held by the Commission on the 17th day of September 2004 at <br />10:00 a.m., Eastern Standard Time, at 1308 County -City Building, 13th Floor, 227 West <br />Jefferson Boulevard, South Bend, Indiana, the Commission heard all persons interested in the <br />proceedings and received and considered 0 written remonstrances and objections and other <br />such evidence presented. <br />NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT <br />COMMISSION, GOVERNING BODY OF THE CITY OF SOUTH BEND, DEPARTMENT OF <br />REDEVELOPMENT, AS FOLLOWS: <br />1. The Commission finds that the amendment is reasonable and appropriate when <br />considered in relation to the Development Plan. <br />2. The Commission finds that the Development Plan, with the proposed amendment, <br />conforms to the comprehensive plan of the City. <br />3. To accomplish redevelopment of the Area it is necessary to acquire additional land within <br />the Area as shown on Exhibit "B ", attached hereto and incorporated herein. <br />4. It is estimated that the cost of acquisition and redevelopment of the project, including the <br />addition of the property on Exhibit "B ", remains at $25,200,000. <br />5. The Development Plan is amended by adding the property shown on Exhibit "B ", <br />attached hereto, to the acquisition list, and is hereby in all respects approved. <br />6. The secretary is hereby directed to file a certified copy of said Development Plan, as <br />amended, with the minutes of this meeting. <br />7. The Secretary is directed to record this resolution pursuant to the requirements of I.C. 36- <br />7-14-17.5(g). <br />8. All other findings, determinations, and conclusions in Resolution No. 1207, as amended, <br />