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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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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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10/18/2012 2:59:02 PM
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11/21/2011 2:21:15 PM
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D. Proposed Economic Development Activities <br />Realization of the stated goals and objectives will be <br />accomplished by a combination of public and private actions. <br />These actions could include, but are not limited to, the <br />following: property acquisition, relocation, clearance and <br />dedication of public right -of -way, provisions for public <br />facilities and improvements and any other activity pertaining <br />to planning and implementing an economic development plan. <br />E. Expected Public Benefit From the Economic Development of <br />the Area <br />The implementation of the Airport Economic Development <br />Plan will result in several public benefits to the citizens of <br />South Bend, including: <br />1. Significant new job creation resulting from the new <br />development as well as expansion of office, commercial and <br />industrial uses within the Area. <br />2. Increase and diversification of the City's tax base. <br />3. New private investment and development as well as the <br />expected expansion of existing businesses, expecially in <br />the Airport and Toll Road Industrial Parks. <br />'Z <br />
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