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Resolution No. 958 <br />A FINAL BOND RESOLUTION OF THE CITY OF SOUTH BEND REDEVELOPMENT <br />COMMISSION AUTHORIZING THE ISSUANCE OF THE <br />CITY OF SOUTH BEND REDEVELOPMENT DISTRICT TAX INCREMENT <br />REVENUE BONDS OF 1990 FOR THE PURPOSE OF RAISING MONEY FOR <br />PROPERTY ACQUISITION AND REDEVELOPMENT IN THE <br />AIRPORT ECONOMIC DEVELOPMENT AREA, ALLOCATION AREA NO. 1 <br />WHEREAS, the City of South Bend Redevelopment Commission <br />(the "Commission ") , governing body of the City of South Bend, <br />Indiana, Department of Redevelopment (the "Department ") and the <br />Redevelopment District of the City of South Bend, Indiana (the <br />"Redevelopment District ") , exists and operates under the provisions <br />of IC 36 -7 -14, as amended from time to time (the "Act "); and <br />WHEREAS, on February 23, 1990, the Commission adopted its <br />Resolution No. 919 (the "Declaratory Resolution ") declaring the <br />Airport Economic Development Area to be an "economic development <br />area" within the meaning of the Act (the "Area ") and designated <br />the Area as the "Airport Economic Development Area, Allocation Area <br />No. 1 " under Section 39 of the Act ( "the Allocation Area ") and <br />approving a Redevelopment Plan for the Area (the "Redevelopment <br />Plan "); and <br />WHEREAS, on May 15, 1990, the Area Plan Commission of St. <br />Joseph County (the "Plan Commission ") , which is the duly designated <br />and acting planning body for the City of South Bend, Indiana (the <br />"City "), issued its written order approving the Declaratory <br />Resolution and the Redevelopment Plan, and finding that the <br />Declaratory Resolution and the Redevelopment Plan conform to the <br />general plan of development for the City; and <br />WHEREAS, on June 11, 1990, the Common Council of the City <br />(the "Common Council ") adopted its Resolution No. 90 -33, approving <br />the order of the Plan Commission with regard to the Declaratory <br />Resolution and the Redevelopment Plan for the Area; and <br />AFN WHEREAS, on June 27, <br />%0 hearing thereon, the Commission <br />the Declaratory Resolution b y <br />Resolution (the Declaratory <br />Confirmatory Resolution shall <br />"Declaratory Resolution "); and <br />1990, after notice and a public <br />in its Resolution No. 938 confirmed <br />the adoption of a Confirmatory <br />Resolution as confirmed by the <br />hereinafter be referred to as the <br />WHEREAS, the Commission, in accordance with the Act, has <br />previously established the City of South Bend, Department of <br />