No. 1207 designating the SEDA, declaring the SEDA to be blighted, approving a development plan and conditions under which relocation payments will be made and extablishing an allocation area for purposes of TIF

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Joseph River to a point on the line of Sample Street (Old Edd, being the Northeasterly corner a tax identification number of the St. Joseph County, Indiana 19, 1993; thence Southwesterly Southerly Right of Way line of of Beginning. Southerly Right of Way 7 Street) said point also of a parcel of ground with 18- 7017 -0719 as shown on Auditor's records on March and Westerly along the Sample Street to the Point 16. The following areas formerly designated as allocation areas shall hereinafter be designated as parcels within Sample -Ewing Allocation Area (South Bend Allocation Area No. 8) with base assessment dates for allocation purposes remaining as follows: Parcel One: The area described in paragraph 13.A., above, previously designated as the Studebaker Corridor Development Area (Original), Allocation Area No. 6 (South Bend Allocation Area No. 6), base assessment date of March 1, 1985. Parcel Two: The area described in paragraph 13.B., above, previously designated as the Studebaker Corridor Development Area (Expansion Area) Allocation Area No. 6 (South Bend Allocation Area No. 6), base assessment date of March 1, 1991. Parcel Three: The area described in paragraph 13.C., above, previously designated as the Rum Village Industrial Park Allocation Area Parcel One (South Bend Allocation Area No. 4), base assessment date of March 1, 1981. Parcel Four: The area described in paragraph 13.D., above, previously designated as the Rum Village Industrial Park Allocation Area Parcel Two (South Bend Allocation Area No. 4) base assessment date of March 1, 1986. Parcel Five: The area described in paragraph 13.E., as South Bend Allocation Area No. 8, Parcel 5, and coterminus with the area described in the 4th WHEREAS clause as Expansion Area No. 1, base assessement date of March 1, 1993. 17. Nothing herein shall be construed to change the base assessment date for the allocation provisions for each parcel within the Sample -Ewing Allocation Area (South Bend Allocation Area No. 8), as stated in paragraph 16 above. 18. The special funds created by Resolutions No. 650 and 762 shall be and hereby are merged for purposes of the Act and this Resolution into a special fund, hereby created, for the Sample -Ewing Allocation Area to be known as Sample -Ewing Allocation Area (South Bend Allocation Area No.8) Special Fund (Special Fund). 19. The enterprise zone funds created by Resolutions No. 952 and 953 shall be and hereby are merged for purposes of the Act and this Resolution into an enterprise zone fund, hereby created, for the Sample -Ewing Allocation Area (South Bend Allocation Area No. 8) to be known as the Sample -Ewing Development Area Enterprise Zone Fund. 20. With regard to taxes levied on property in the Sample -Ewing Allocation Area (South Bend Allocation Area No. 8), property tax proceeds in excess of those attributable to the lesser of: (a) the assessed value of the property before the assessment date with respect to which the allocation and distribution is made; or (b) the assessed value of all property as finally determined for the assessment date initially preceding the effective date (as listed in paragraph 18 above) of the allocation provisions of the pertinent declaratory -24-