No. 0986 expanding boundaries of Studebaker Corridor Development Area, expanding allocation area for purposes of TIF and amending the Studebaker Corridor Development Area Development Plan

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along the Northerly extension of the West right -of -way line of Michigan Street and said West right -of -way line, 2636.58 feet to its intersection with the centerline of Indiana Avenue; thence South CO 89 034104" West along said centerline, 1242.87 feet to the centerline of Franklin Street; thence North 00 013139" East along said centerline, 467.25 feet to the centerline of the South Bend and St. Joseph Railroad; thence North 89 040141" West along said centerline, 1446.96 feet to the centerline of Kandall Street; thence North 00 °20129" East along said centerline, 626.65 feet to the centerline of Cotter Street; thence North 89 °24121" 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 °11'41" 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 °39144" 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 °31140" East, 912.61 feet to the Point of Beginning. Containing 249.60 acres. 2. The Studebaker Corridor Allocation Area (South Bend Allocation Area No. 6) is hereby expanded to include Expansion Area No. 1 as described in the seventh Whereas clause above, so that the boundaries of the Allocation Area and the Area are coterminous. Any taxes levied on the property imposed under I.C. 6 -1.1 in the Allocation Area shall be allocated, distributed and used as provided in Resolution No. 762, as amended, and the Act. The base assessment date for Expansion Area No. 1, for purposes of the Act, is March 1, 1991. The Allocation Area as expanded shall be hereinafter known as "Studebaker Corridor Allocation Area." (South Bend Allocation Area No. 6). 3. The proposed amendment to the Development Plan as attached hereto is hereby in all respects approved. 4. The Commission finds that the proposed amendment to the Development Plan and to Resolution No. 762, as amended, is reasonable and appropriate when considered in relation to the Development Plan and to Resolution No. 762, as amended, respectively, and the purposes of the Act. 5. The Commission finds that the Development Plan, as amended, and Resolution No. 762, as amended and as hereby further amended, conform to the comprehensive plan of the City. 6. The Development Plan is amended at pages 2, 3, 8, 9, it and 20 as shown by the pages attached hereto, and is hereby in all respects approved. 7. The Secretary is hereby directed to file a certified copy of said Development Plan, as amended, with the minutes of this meeting. 8. The Secretary is hereby directed to record this Resolution pursuant to the requirements of I.C. 36- 7- 14- 17.5(g). 9. All other findings, determinations, and conclusions in Resolution No. 762, as amended, shall remain as stated therein. 10. The United States of America is hereby assured of full compliance by the South Bend Redevelopment Commission with Ask regulations of the Department of Housing and Urban Development effectuating Title VI of the Civil Rights Act of 1964, as amended.