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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21. Inasmuch as a portion of the Sample -Ewing Allocation Area (South Bend Allocation Area No. 8) is located within an Enterprise Zone created under I.C. 4- 4 -6.1, when the money in the Special Fund is sufficient to pay when due all principal of and interest on bonds described in subdivisions a, c, and d of paragraph 20, above, and is not needed for the purposes described in subdivisions b and d of paragraph 20, above, or as permitted by amendments to the Act, including I.C. 36- 7- 14 -39, the excess in this Special Fund shall be paid into the Sample -Ewing Enterprise Zone Fund for use as permitted by I.C. 36- 7- 14- 39(g). 22. When funds are no longer needed for purposes permitted in paragraphs 20 and 21, above, money in the Special Fund in excess of that amount shall be paid to the respective taxing units in the manner described by I.C. 36- 7- 14- 39(b)(1). 23. The Secretary is directed to file certified copies of this Resolution with the St. Joseph County Auditor and Portage Township Assessor. 24. Pursuant to I.C. 36- 7- 14- 17(c), the Secretary is directed to file with officers authorized to fix budgets, tax rates, and tax levies under I.C. 6- 1.1 -17 -5, of each taxing unit that is wholly or partly within the Sample -Ewing Allocation Area (South Bend Allocation Area No. 8), described at Paragraph 15, above: (1) A copy of the notice of the adoption and substance of this resolution, and (2) A statement disclosing the impact of the Sample -Ewing Allocation Area (South Bend Allocation Area No. 8) including: (A) The estimated economic benefits and costs incurred by the allocation area, as measured by increased employment and anticipated growth of real property assessed values, and (B) The anticipated impact on tax revenues of each taxing unit. 25. The United States and HUD are assured of full compliance by the Commission with the Department of HUD regulations effectuating Title VI of the Civil Rights Act of 1964, as amended. 26. This Resolution, together with supporting data, shall be submitted to the Area Plan Commission of St. Joseph County and the Common Council of South Bend, as provided by I.C. 36- 7- 14 -16, for their approval of the Resolution and Plan, and if approved by both bodies, the Resolution and Plan shall be submitted to public hearing and remonstrance as provided by I.C. 36- 7- 14 -17, after public notice in accordance with I.C. 36- 7 -14 -17 and I.C. 5 -3 -1. 27. Resolution No. 1151, adopted April 16, 1993, Resolution 1154, adopted May 21, 1993, and Resolution No. 1993, adopted October 1, 1993, by the South Bend Redevelopment Commission are hereby superceded by the adoption of this Resolution 1207: Provided, however, that all actions taken pursuant thereto are hereby ratified. 28. All other orders or resolutions in conflict herewith are hereby rescinded, revoked, and repealed insofar as such conflict exists. 29. This Resolution does not affect any rights or liabilities. accrued, penalties incurred, offense committed, or proceedings begun before the effective date of this -26-