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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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a <br />said Maple Road and Bendix Drive to the Point of Beginning. <br />2. The Airport Economic Development Area Allocation Area No. 1 ( "Allocation Area No. <br />1 "), as described in the tenth Whereas clause above, is hereby expanded to include <br />Expansion Area No. 5 as described in the sixth Whereas clause above, so that the <br />boundaries of the Airport Economic Development Area Allocation Area and the <br />Airport Economic Development Area are coterminous. Any taxes levied on the <br />property imposed under I.C. 6 -1.1 in the Airport Economic Development Area <br />Allocation Area shall be allocated, distributed and used as provided in Resolution No. <br />919, as amended, and the Act. The base assessment date for Expansion Area No. <br />5, for purposes of the Act, is March 1, 1997. The Airport Economic Development <br />Area Allocation Area, as expanded, shall be hereinafter known as "Airport Economic <br />Development Area, Allocation Area No. 1 " ( "Allocation Area No. 1 "). <br />3. The Airport Economic Development Area Development Plan, as amended, as <br />attached hereto is hereby in all respects approved. <br />4. The Commission finds that the proposed amendments to the Airport Economic <br />Development Area Development Plan and to Resolution No. 919, as amended, are <br />reasonable and appropriate when considered in relation to the Airport Economic <br />Development Area Development Plan and to Resolution No. 919, as amended, <br />respectively, and the purposes of the Act. <br />5. The Commission finds that the Airport Economic Development Area Development <br />Plan, as amended, and Resolution No. 919, as amended and as hereby further <br />amended, conform to the comprehensive plan of the City. <br />6. The Secretary is hereby directed to file a certified copy of said Airport Economic <br />Development Area Development Plan, as amended, with the minutes of this <br />meeting. <br />7. The Secretary is hereby directed to record this Resolution with the Office of the St. <br />Joseph County Recorder pursuant to the requirements of I.C. 36- 7- 14- 17.5(g). <br />8. All other findings, determinations, and conclusions in Resolution No. 919, as <br />amended, shall remain as stated therein. <br />9. The United States of America is hereby assured of full compliance by the South <br />Bend Redevelopment Commission with regulations of the Department of Housing <br />and Urban Development effectuating Title VI of the Civil Rights Act of 1964, as <br />amended. <br />10. The allocation provision for the area described as expansion area 5 shall expire <br />December 31, 2026. <br />11. Resolution 1349 is hereby amended to provide for an expiration date of December <br />31, 2024 for the allocation provision for the area described therein as expansion <br />area 4. All other findings, determinations, and conclusions in Resolution 1349 shall <br />remain as stated therein. <br />
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