No. 1092 authorizing reimbursement to the COSB for expenditures made within the SBCDA (Gerard Hilferty & Assoc.)

Home Browse Search

of the first 14 foot alley lying east of Hill Street; thence south along said center line to the south right -of -way line of Jefferson Boulevard; thence east along said south right -of -way line to the east right -of -way line of St. Louis Boulevard; thence south along said east right -of -way line to the north right -of -way line of Wayne Street; thence east along said north right -of -way line to the east right -of -way line of Notre Dame Avenue; thence south along said east right -of -way line to the east right -of -way line of Northside Boulevard; thence southeasterly along said east right -of -way line to the south right -of -way line of Sample Street; thence southwesterly along said south right -of -way line to the centerline of the St. Joseph River; thence meandering northwesterly along said centerline to the easterly projection of the southerly right -of -way line of Monroe Street; thence southwesterly along said projection and the southerly right -of -way line of Monroe Street to the easterly right -of -way line of Lincolnway East (U.S. Highway #33); thence southeasterly along said easterly right -of -way line to the south right -of -way line of Sample Street; thence west along said south right -of -way line to the place of beginning; and WHEREAS, Resolution No. 737 was further amended by Resolution No. 921 adopted on March 23, 1990; and WHEREAS, Resolution No. 737 was further amended by Substitute Resolution No. 944 on July 27, 1990; and WHEREAS, Resolution No. 737 was further amended by Resolution No. 974 adopted on January 25, 1991; and WHEREAS, Resolution No. 737 was further amended by Resolution No. 1019 adopted on October 11, 1991; and WHEREAS, Resolution No. 737 was further amended by Resolution No. 1077 adopted on July 24, 1992; and WHEREAS, the Commission has created and designated the South Bend Central Allocation Area (South Bend Allocation Area No. 1A) (the Allocation Area), the boundaries of which are coincident with the boundaries of the South Bend Central Development Area described in the tenth WHEREAS clause above; and WHEREAS, in Resolution Nos. 737 and 893 the Commission directed that the proceeds of taxes be distributed to the Department pursuant to the allocation provisions of the Resolutions, particularly paragraph 24D, of Resolution No. 737 and paragraph 2 of Resolution No. 893, and be deposited in a special fund designated as South Bend Central Allocation Area (South Bfnd Allocation Area No. 1A) Special Fund (Special Fund), proceeds which may be used, among other purposes, "to reimburse the City for expenditures made by it for public improvements in South Bend Allocation Area No. 1A;" and WHEREAS, under the authority of I.C. 36- 7- 14- 39(b)(g) the Commission is authorized to reimburse the City for expenditures made by it for local public improvements in or serving the South Bend Central Allocation Area (South Bend Allocation Area No. 1A) from proceeds deposited in the Special Fund; and WHEREAS, the City public improvements within reimbursed from the Special of South Bend has made expenditures for the Allocation Area and should be Fund for those expenditures. NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: