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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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STUDEBAKER CORRIDOR <br />SUB -AREA GOALS <br />• Continue acquisition, relocation and clearance within the industrial <br />fringe area in order to create development sites for new, private <br />investment. <br />• Eliminate incompatible land uses within the sub -area by selective <br />acquisition and clearance of properties. <br />• Continue acquisition of older, deteriorated multi -story industrial <br />buildings north of Sample Street. <br />• Acquire older, deteriorated, underutilized manufacturing buildings south <br />of Sample Street particularly the former Studebaker Foundry on Prairie <br />Avenue and the South Bend Foundry between Franklin Street and <br />Lafayette Street. <br />• Protect and enhance the physical environment for the businesses along <br />Michigan, Main, Lafayette and Franklin Streets through limited <br />streetscape improvements, including new sidewalks, curbs, landscaping, <br />lighting and street paving. <br />• Encourage a strong business association such as the South Gateway <br />Improvement Association <br />• Establish and maintain an attractive inner -city light industrial area in <br />the Industrial Fringe Area that will complement the commercial area on <br />Michigan and Main Streets. <br />• Develop an attractive and economically viable entrance to the Central <br />Business District on South Michigan Street. <br />• Improve the physical environment of the sub -area through clean -up of <br />vacant lots, removal of dead trees and brush, and public improvements <br />to streets, curbs, sidewalks and lighting. <br />• Where necessary, improve appearance of existing buildings in the sub- <br />area through building rehabilitation and clean -up of former industrial <br />sites. This could include removal of old conveyor systems, former <br />accessory structures and materials stored outside. <br />IL -28- <br />' 5/21/93 <br />:1 <br />
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