No. 1058 expanding the boundaries of the AEDA, expanding the allocation area for purposes of TIF and amending the AEDA development plan

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r 1 RESOLUTION NO. 1058 O5o4ga3 RESOLUTION OF THE CITY OF SOUTH BEND REDEVELOPMENT C41 COMMISSION EXPANDING THE BOUNDARIES OF THE AIRPORT ECONOMIC DEVELOPMENT AREA, EXPANDING THE ALLOCATION AREA FOR PURPOSES OF TAX INCREMENT FINANCING AND AMENDING THE AIRPORT ECONOMIC DEVELOPMENT AREA DEVELOPMENT PLAN. WHEREAS, the South Bend Redevelopment Commission ( "Commission "), governing body of the City of South Bend Department of Redevelopment ( "Department "), on February 23, 1990, adopted Resolution No. 919 declaring the Airport Economic Development Area to be an Economic Development Area within the meaning of I.C. 36 -7 -14 ( "Act "); and WHEREAS, Resolution No. 919 and the Airport Economic Development Area Economic Development Plan ( "Development Plan ") adopted by Resolution No. 919 on February 23, 1990 were confirmed by Resolution No. 938 adopted on June 27, 1990; and WHEREAS, Resolution No. 919 was amended by Resolution No. 965, adopted on November 9, 1990 and confirmed by Resolution No. 971 adopted on January 2, 1991 and said resolutions expanded the Airport Economic Development Area by adding Expansion Area No. 1 and Expansion Area No. 2 and redeclared the following area known as the Airport Economic Development Area to be an Economic Development Area with the meaning of the Act: A part of Sections 17, 18, 19, 20, 21, 22, 27, 28, 29, 30, 31, 32 and 33 in Township 38 North, Range 2 East, and Section 4, Township 37 North, Range 2 East all in German Township, St. Joseph County, Indiana more particularly described as follows: Beginning at the intersection of the East right of way line of Bendix Drive and the Northeast right of way line of Lincolnway West (also known as USR 20); thence Northwesterly along said Northeast right of way line of Lincolnway West to the East right of way line of Butternut Road; thence Northwesterly across Butternut Road on a line parallel to and 140 feet Northerly of the survey Line S- USR20 -M (referenced to plans for U.S. 31 Bypass) to the West right of way line of Butternut Road; thence Northwesterly along the Northeast limited access right of way line of USR 20 to a point 150 feet to the right of Station 65 +00, Line S- USR20 -M; thence Southwesterly a distance of 300 feet-along a line measured at right angles to said Line S- USR20 -M to a point ,> 150 feet to the left of Station 65 +00 on Line S- USR20 -M; thence Southerly and Southwesterly along the limited access right of way line of the southeast ramp of the U.S. 31 Bypass to a point being 170 feet to the right of Station 35 +00 on Line M at the centerline of the U.S. 31 Bypass; thence Westerly a distance of 320 feet to a point 150 feet to the left of Station 35 +00 on said Line M; thence Northerly and Northwesterly along the limited access right of way line of the Southwest ramp of said U.S. 31 Bypass to a point at Station 34 +00 Line S- USR -20 -M in the limited access right of way line of the Southwest ramp of said U.S. 31 Bypass, which point is 130 feet Southwesterly measured at right angles from said Line S- USR20 -M; thence Northeasterly a distance of 250 feet measured at right angles to said Line S- USR20 -M to a point at Station 34 +00 on Line S- USR20 -M, and being 120 feet measured at right angles, Northeasterly from said Line; thence Easterly and Northerly along the limited access right of way line of said Northwest ramp of the U.S. 31 Bypass to a point, 79.36 feet South of the north 1/4 post of said Section 31; thence North along the north -south quarter line of said Section 31, 79.36 feet to the north 1/4 post of said Section 31; thence North along the north -south quarter line of Section 30 to the north 1/4 corner of Section 30; thence continuing North along the North -South centerline of Section 19, to the intersection with the Southerly right of way line of the Indiana East -West Toll Road; thence Westerly along the Southerly right of way line of the Indiana East -West Toll Road a distance 1320 feet more or less to the East right of way line of Olive Road extended, thence North along the -1-