No. 1238 as modified by motion and approval of the SBRC following public hearing, all at its meeting of 4/15/94 - amending the AEDA development plan

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y centerline of Section 22, a distance of 214.50 feet to the South line of said Section 22; thence East along said South line of Section 22, a distance of 99.00 feet to the South 1/4 corner of said Section 22 (also being the North 1/4 corner of Section 27); thence South along the North -South centerline of said Section 27 to the South right of way line of the East -West Indiana Toll Road; thence West and Northwest along the Southerly right of way line of said East -West, Indiana Toll Road to the intersection with the East right of way line of Bendix Drive; thence Southwest and Southerly along the East line of said Bendix Drive to the Point of Beginning. WHEREAS, the Development Plan includes a list of parcels of property within the AEDA to be acquired; and WHEREAS, it is necessary to modify the list of parcels of property within the AEDA to be acquired by adding parcels of property to and deleting parcels of property from the Property Acquisition List; and WHEREAS, there was presented at this meeting of the Commission for its consideration and approval a proposed amendment to the Development Plan setting out the boundaries of the AEDA, adding parcels of property to and deleting parcels of property from the Property Acquisition List and further identifying the types of economic development projects and purposes to be undertaken in the AEDA, (the Development Plan as amended is hereinafter referred to as the "Development Plan"), which Development Plan is entitled: "Airport Economic Development Area Development Plan" and consists of a typewritten document of 17 pages; and WHEREAS, the Development Plan has been revised and considered at the meeting; and WHEREAS, Section 17.5 of the Act provides for a public hearing to be held by the Commission, at which public hearing all persons interested in the proceedings and who have filed written remonstrances may be heard; and WHEREAS, at the hearing held by the Commission on the 15th day of April, 1994, at 10:00 a.m., Eastern Standard Time, at 1308 County -City Building, South Bend, Indiana, the Commission heard all persons interested in the proceedings and received and considered one 1 written remonstrance and objection and other such evidence presented. NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission, governing body of the City of South Bend, Department of Redevelopment, as follows: 1. To accomplish development of the Airport Economic Development Area it is necessary to acquire additional land within the Airport Economic Development Area, and to forebear at this time from acquiring certain land previously resolved to be acquired, all as shown on the Property Acquisition List included in the Airport Economic Development Area Development Plan attached hereto and incorporated herein. 2. It is estimated that the cost of acquisition and redevelopment of the property being added to the acquisition list is $635,310. 3. The Airport Economic Development Area Development Plan, as amended, as attached hereto is hereby in all respects approved. 4. The Commission finds that the proposed amendments to the Airport Economic Development Area Development Plan and to Resolution No. 919, as amended, are reasonable and co appropriate when considered in relation to the Airport Economic Development Area Development Plan and to Resolution No. 919, as amended, respectively, and the purposes of the Act.