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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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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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shopping habits, increased mobility of the consumer and the decline of the <br />inner -city manufacturing businesses. <br />7. The Sample -Ewing Development Area's residential sub -areas have <br />substantial housing vacancy rates and pockets of residential deterioration. <br />The neighborhoods have similar housing types located on a grid pattern of <br />narrow streets. <br />8. Except for the north section of the Southeast Neighborhood, income levels, <br />poverty rates and household types are very similar in the various residential <br />sub -areas of the Sample -Ewing Development Area. <br />In addition to the five sub - areas, the Sample -Ewing Development Area includes <br />approximately seventy (70) percent of South Bend's Urban Enterprise Zone. Each of <br />the separate sub -areas within the new redevelopment area contain physical, economic, <br />and social conditions and trends which prevent the private sector (acting alone) from <br />achieving the physical redevelopment and economic revitalization of the Sample - <br />Ewing Development Area. In order to achieve the redevelopment and economic <br />revitalization of the Sample -Ewing Development Area, an aggressive, well planned <br />and innovative public - private partnership is required to reverse the negative trends and <br />eliminate the negative conditions. It should be noted at the outset that this document <br />is primarily concerned with the physical and economic conditions and trends within <br />the Sample -Ewing Development Area. However, it should also be noted that the <br />human, social, public safety, and organizational elements required to renew the entire <br />Sample -Ewing Development Area will be included in the subsequent sub -area <br />planning process and concomitant plans. <br />In conclusion, while the Sample -Ewing Development Area is composed of <br />several distinct sub - areas, a number of common challenges and opportunities can be <br />found throughout the entire planning and development area. The Sample -Ewing <br />Development Area redevelopment and revitalization strategy will operate on two <br />levels: one, attacking problems common to the total area; and, two, devising sub -area <br />plans that address the unique challenges and opportunities found in each of the five <br />sub - areas. <br />C. SUB -AREA OVERVIEW <br />The new development area includes two existing industrial redevelopment <br />areas —the Rum Village Industrial Park and the Studebaker Corridor. Both areas were <br />declared redevelopment areas for purposes of industrial redevelopment. Both areas <br />are also tax increment allocation areas. The two redevelopment areas are physically, <br />5/21/93 <br />
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