No. 2094 setting a public hearing on the proposed amendment to the declaratory resolution for the SSDA pursuant to I.C. 36-7-14-17.5 and authorizing the publication of notice of the public hearing

Home Browse Search

A IN RESOLUTION NO. RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION SETTING A PUBLIC HEARING ON THE PROPOSED AMENDMENT TO THE DECLARATORY RESOLUTION FOR THE SOUTH SIDE DEVELOPMENT AREA PURSUANT TO I.C. 36 -7 -14 -17.5, AND AUTHORIZING THE PUBLICATION OF NOTICE OF THE PUBLIC HEARING WHEREAS, the South Bend Redevelopment Commission (the "Commission "), the governing body of the City of South Bend, Indiana, Redevelopment District and the City of South Bend, Indiana, Department of Redevelopment, did, on November 1, 2002, adopt Resolution No. 1914 (the 'Declaratory Resolution ") declaring the South Side Development Area (the "Area ") to be a blighted area within the meaning of Ind. Code § 36 -7 -14 (the "Act "), and approving a Redevelopment Plan for the Area (the 'Plan ") pursuant to the Act; and WHEREAS, the Declaratory Resolution was confirmed by the Commission on December 20, 2002; and WHEREAS, pursuant to the Declaratory Resolution, the Commission designated an allocation area for purposes of Section 39 of the Act which allocation area is known as Allocation Area No. 1 ( "Allocation Area No. V) for purposes of tax increment financing ( "TIF ") pursuant to the Act and which is described as set forth in the Declaratory Resolution; and WHEREAS, the Commission did, on July 27, 2004, adopt Resolution No. 2073 amending the Declaratory Resolution to create a separate allocation area within the Area known as Allocation Area No. 2 and to amend the Plan to provide for certain local public improvements on Ireland Road and Michigan Street, all in accordance with the Act; and WHEREAS, the Commission desires to further amend the Declaratory Resolution in order to provide for the creation of a separate TIF allocation area within the Area for the purpose of separately accounting for the TIF revenues produced as a result of the Erskine Village Project located at or near the southeast corner of Ireland and Miami Roads (the "Amendment "); and WHEREAS, the Commission desires to authorize a public hearing on the Amendment of the Declaratory Resolution, the publication of a notice of public hearing, and the mailing of a notice of public hearing on the Amendment to affected neighborhood associations, if any, pursuant to Ind. Code § 36 -7 -14 -17.5; SB IMAN 1 192253v 1