No. 1154 modifying/confirming Resolution No. 1151 designating the SEDA, delaring the SEDA to be blighted, approving a dev. plan/conditions under which relocation payments will be made, establishing an allocation area for purposes of TIF

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LA 9320978 RESOLUTION NO. ,154 SOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSIO MODIFYING AND CONFIRMING RESOLUTION NO. 1151, G_: DESIGNATING THE SAMPLE -EWING DEVELOPMENT AREA';, ;CLARING THE SAMPLE -EWING DEVELOPMENT AREA TO BE, GHTED, APPROVING A DEVELOPMENT PLAN AND CONDITIONS NDER WHICH RELOCATION PAYMENTS WILL BE MADE, AND ESTABLISHING AN ALLOCATION AREA FOR PURPOSES OF TAX INCREMENTAL FINANCING the City of South Bend, Indiana, Redevelopment Commission (Commission) at its regular meeting April 16, 1993, approved and adopted Resolution No. 1151, designating the area described below as the Sample -Ewing Development Area (Area), declaring the Sample -Ewing Development Area to be blighted, approving the Sample -Ewing Development Plan (Development Plan) and reconfirming, readopting and ratifying the Department of Redevelopment Relocation Policy and the Department of Redevelopment Policy of Management of Acquired Property (Relocation Policies), which specify conditions under which relocation payments will be made, and establishing an allocation area for purposes of tax incremental financing: SAMPLE -EWING DEVELOPMENT AREA SAMPLE -EWING ALLOCATION AREA (SOUTH BEND ALLOCATION AREA NO. 8) That part of Sections 10, 11, 12, 13, 14, 15, 16, 21, 22, 23 and 24 in Township 37 North, Range 2 East, and Section 18 in Township 37 North, Range 3 East all in St. Joseph County, Indiana which is described as: Beginning at the intersection of the Centerline line of Michigan Street (99.00 ft. wide) and the South Right of Way line of Sample Street extended West,; thence North along said Centerline of Michigan Street to its intersection with the Northerly Right of Way line of the Conrail Railway (formerly Penn Central Railroad) extended East; thence Westerly and Northwesterly along said Northerly Right of Way line to the Southeast Corner of Lot 1 in the unrecorded plat of "GUILDFOYLE'S ADDITION" and the West Right of Way line of Arnold Street; thence South along the West Right of Way line of Arnold Street to the North Right of Way of Sample Street, said point being the Southeast Corner of Lot # 48 in the recorded plat of "ARNOLD & WEBSTER'S SUB - DIVISION OF BANK OUTLOT #103" as recorded in the records of said county; thence West along the North Right of Way line of Sample Street to the intersection of the Northwesterly Right of Way line of the New Jersey, Indiana and Illinois Railroad; thence Southwesterly along said Northwesterly Right of Way line to a point which is 300 ft. more or less South of the North Right. of Way line of Meadow Lane extended East, said line being the North line of Meadow Lane as recorded in the plat of "BELLEVILLE GARDENS 2ND UNIT "; thence West on a line which is parallel to and 300 ft. more or less South of said extended North Right of Way line of Meadow Lane to a point which is 100 ft. more or less, South, from the South terminus point of Sheridan Avenue; thence North 100 ft. more or less to said South terminus point; thence West, 535 ft. more or less to a point which is 30 ft. more or less, South, from the Southeast corner of the recorded plat of "BELLEVILLE GARDENS 2ND UNIT" as recorded in the records of said County; thence North 30 ft. more or less to said Southeast Corner; thence West, 1985 ft. more or less along the South line of said "BELLEVILLE GARDENS 2ND UNIT" to the West line of said Section 16; thence South along the West line of said Section to the West quarter Post of said Section 16; thence East along the East and West quarter line of said Section to the Northeast Corner of the Northwest quarter of the Southwest quarter of said Section; thence South along the East line of the Northwest quarter of the Southwest quarter of said Section to the Southeast Corner of the Northwest quarter of p �