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No. 2090 expanding the boundaries of the AEDA, expanding the allocation area for purposes of TIF and amending the AEDA development plan
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No. 2090 expanding the boundaries of the AEDA, expanding the allocation area for purposes of TIF and amending the AEDA development plan
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L <br />Beginning at the Southeast Corner of the Olive Road Commerce Park, Section 2; thence <br />south along the City of South Bend Corporate Limits to the Northeast Comer of Lot 1 of <br />Miller -Owens Minor Subdivision; thence west along the North Line of Said Subdivision 660 <br />Feet; thence north parallel to the City of South Bend Corporate Limits to the north right -of- <br />way line of Cleveland Road; thence east along said right -of -way line to a point 340 feet from <br />the City of South Bend Corporate Line, also being the west property line of a parcel owned <br />by Ernest and Bernice Mahler, Tax Key Number 04- 1011 -0189; thence north to the City of <br />South Bend Corporate Limits at the south line of the Olive Road Commerce Park Section <br />One Subdivision; thence east along the south line of Olive Road Commerce Park 330.24 <br />feet to the place of beginning. <br />Also including: <br />A part of the Southwest Quarter of the Southwest Quarter of Section 17, Township 38 North, <br />Range 2 East, City of South Bend, German Township, St. Joseph County, Indiana, being <br />more commonly described as follows: <br />Commencing at a point 110 feet East of the Southwest corner of the Southwest Quarter of <br />said Section 17; thence North parallel with the West line of said Section 17, a distance of <br />200 feet to an iron stake; thence East 110 feet to an iron stake; thence South and parallel <br />with the West line of said Section 17, a distance of 200 feet to the South line of said Section <br />17; thence West and along the South line of said Section 17, 110 feet to the place of <br />beginning. <br />WHEREAS, Resolution No. 919 was further amended by Resolution No. 2064, adopted <br />on July 2, 2004; and <br />WHEREAS, the Commission desires to amend Resolution No. 919 by expanding the Airport <br />Economic Development Area to include Expansion Area No. 19 so as to facilitate and enhance the <br />replanning, development and disposition of property within the Area, which Expansion Area No. 19 <br />is described as follows: <br />Lot Numbered One (1) on the recorded Plat of Lynn D. Daugherty's Subdivision recorded <br />June 10, 1966 in Plat Book 22, page "D" in the Office of the Recorder of St. Joseph County, <br />Indiana. <br />WHEREAS, Section 43 of the Act permits the creation of an allocation area within an <br />economic development area to provide for the allocation and distribution, as provided by the Act, of <br />the proceeds of taxes levied on property situated in the allocation area; and <br />WHEREAS, the Commission in accordance with the Act, has previously established the <br />Airport Economic Development Area, Allocation Area No. 1 ( "Allocation Area No. 1 "); and <br />WHEREAS, the Commission, in accordance with the Act, expanded the boundaries of the <br />Airport Economic Development Area, Allocation Area No. 1 to include Expansion Area No. 1 and <br />Expansion Area No. 2 by the adoption of Resolution No. 965, adopted on November 9, 1990, and <br />confirmed by Resolution No 971, adopted on January 2, 1991, and Expansion Area No. 3 by the <br />E:7 <br />
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