No. 1044 amending the Studebaker Corridor Development Plan

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feet to the centerline of Kandall Street; thence North 00 020129" East along said centerline, 626.65 feet to the centerline of Cotter Street; thence North 89 024121" West along said centerline, 894.73 feet to the centerline of Prairie Avenue; thence North 28 035129" East along said centerline, 1253.48 feet and Norh 00°11141" West, 915.49 feet and North 89 053119" East, 363.11 feet to a point of curvature; thence around a 286.48 foot radius curve to the left an arc distance of 302.26 feet to the end of a chord which bears North 59 039144" East and having a chord distance of 288.43 feet; thence continuing along said centerline North 29 026109" East, 142.63 feet and North 29 031140" East, 912.61 feet to the Point of Beginning. Containing 249.60 acres; and WHEREAS, the Commission has previously caused to be prepared maps and plats of the Area which show the boundaries of the Area, the location of the various parcels of property, streets, alleys and other features affecting the acquisition, clearance, replatting, replanning, rezoning or redevelopment of the Area, indicating the parcels of property that are to be excluded from acquisition, the parts of the Area that are to be devoted to public ways, levees, sewerage, parks, playgrounds and other public purposes under the Plan and an estimate of the cost of acquisition and redevelopment; and WHEREAS, the Plan includes a list of parcels of property to be acquired; and WHEREAS, it is necessary to modify the list of parcels of property to be acquired by adding parcels of property to the list; and WHEREAS, I.C. 36 -7 -14 -17.5 provides the means for approving an amendment to the Development Plan that involves the addition of one or more parcels to the list of parcels to be acquired; and WHEREAS, the Commission has complied with the notice provision of I.C. 36- 7- 14- 17.5(a) and (e); and WHEREAS, at the hearing held by the Commission on the 10th day of April, 1992, at 10:00 a.m., Eastern Standard Time, at 1200 County -City Building, South Bend, Indiana, the Commission heard all persons interested in the proceedings and received and considered written remonstrances and objections and other such evidence presented. NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT COMMISSION, GOVERNING BODY OF THE CITY OF SOUTH BEND, DEPARTMENT OF REDEVELOPMENT, AS FOLLOWS: 1. The Commission finds that the amendment is reasonable and appropriate when considered in relation to the Development Plan. 2. The Commission finds that the Development Plan, with the proposed amendment, conforms to the comprehensive plan of the City. 3. To accomplish redevelopment of the Area, it is necessary to acquire additional land within the Area as shown on page 30 of the Development Plan attached hereto and incorporated herein. 4. It is estimated that the cost of acquisition and redevelopment of the property being added to the acquisition list is $45,000.00.