place of the Commission's receipt and hearing of remonstrances and
<br />objections from persons interested in or affected by the proceedings
<br />pertaining to the proposed change in the base assessment date for
<br />property within the Area and to determine the public utility and
<br />benefit of the proposed base assessment change for property within
<br />the Area; and
<br />WHEREAS, the Department of Redevelopment, having studied the same
<br />with respect to each taxing unit that is wholly or partly within the
<br />West Washington- Chapin Allocation Area (South Bend Allocation Area
<br />No. 7), described above, has prepared and mailed to each such taxing
<br />unit a statement disclosing the impact of the change from March 1,
<br />1987, to March 1, 1992, of the base assessment date for property
<br />within the West Washington- Chapin Allocation Area (South Bend
<br />Allocation Area No. 7), including: (A) The estimated economic
<br />benefits and costs incurred by the allocation area, as measured by
<br />increased employment and anticipated growth of real property assessed
<br />values, and (B) the anticipated impact on tax revenues of each such
<br />taxing unit; and
<br />WHEREAS, at the hearing held by the Commission May 7, 1993, at
<br />10:00 a.m., at 1308 County -City Building, South Bend, Indiana, the
<br />Commission heard all persons interested in the proceedings and
<br />received written remonstrances and objections that had been
<br />filed, and considered those remonstrances and objections, if any; and
<br />WHEREAS, the Commission is cognizant of the conditions that are
<br />'x imposed under Title VI of the Civil Rights Act of 1964, as amended,
<br />providing that no person shall, on the grounds of race, age, sex,
<br />color, religion, or national origin, be excluded from participation
<br />in, be denied the benefits of, or be subjected to discrimination in
<br />the undertaking and carrying out of any federally- assi.sted.project.
<br />NOW, THEREFORE., BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT
<br />COMMISSION, as follows:
<br />1. After considering the evidence presented at its hearing May
<br />7, 1993, the Commission confirms the change in the base assessment
<br />date from March 1, 1987, to March 1, 1992, for property within the
<br />West Washington- Chapin Allocation Area (South Bend. Allocation Area
<br />No. 7), coterminous with the West Washington - Chapin Development Area,
<br />and adopts and confirms the Findings of Fact for that Area, Exhibit
<br />A, attached to this resolution and made a part hereof.
<br />2. The Commission finds and determines that it will be of public
<br />utility and benefit to proceed with the change in base assessment
<br />date for property within the Area, as set forth in Resolution No.
<br />1138, adopted by the Commission on February 19, 1993, and that the
<br />public health and welfare will be benefitted by the acquisition and
<br />redevelopment of the Area permitted thereby.
<br />3. Resolution No. 1138 is hereby approved, ratified, and
<br />confirmed without change..
<br />4. This Resolution constitutes final action, pursuant.to IC
<br />36- 7- 14- 17(c), by the Commission determining the public utility and
<br />benefit of the proposed base assessment date change from March 1,
<br />1987, to March 1, 1992, for property within the Area and confirming
<br />Resolution No. 1138, pertaining to the West Washington- Chapin
<br />Allocation Area (South Bend Allocation Area No. 7) and West
<br />Washington- Chapin Development Area.
<br />5. The Secretary is directed to record this resolution pursuant
<br />to the requirements of IC 36- 7- 14- 17(c).
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