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No. 1545 making certain technical corrections to resolution No. 1349 and expanding the allocation area for purposes of TIF and amending the AEDA development plan
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No. 1545 making certain technical corrections to resolution No. 1349 and expanding the allocation area for purposes of TIF and amending the AEDA development plan
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10/18/2012 2:21:08 PM
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9/6/2011 1:00:05 PM
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Public Improvements <br />ce In order to stimulate and facilitate new development and expansion in the <br />Area, the City of South Bend will construct the following improvements in <br />the Area, depending on the availability of funds: <br />1. Widening, construction and other improvements relating to new or <br />existing roads. <br />2. Extension or construction of utilities such as water mains, storm <br />and sanitary sewers and other improvements needed to serve the <br />Area. <br />3. Other infrastructure improvements such as internal streets, lighting, <br />landscaping, sidewalks, curbs, etc., as needed to serve the Area. <br />4. Other public improvements, as necessary for the project. <br />These public improvements will be phased as funds become available. <br />PROJECT PROPOSALS <br />Property Acquisition <br />The Land Acquisition Plan Map (Map 3) and Property Acquisition List <br />(Table 1) indicate real property to be acquired for economic development <br />purposes. <br />After acquisition, the Redevelopment Commission will sell or lease the <br />property to a purchaser or lessee at its fair market value, excepting those <br />cases when the property is sold or leased to another public body pursuant <br />to Indiana Code 36- 7- 14 -22(a) or 36- 1 -11 -8, for uses in accordance with <br />the Plan. <br />
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