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No. 0941 determining tax increment needed to satisfy obligations of the commission regarding the SBCAA (No. 1A)
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No. 0941 determining tax increment needed to satisfy obligations of the commission regarding the SBCAA (No. 1A)
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RESOLUTION NO. 941 <br />RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION <br />DETERMINING TAX INCREMENT NEEDED TO SATISFY OBLIGATIONS <br />OF THE COMMISSION REGARDING THE SOUTH BEND CENTRAL <br />ALLOCATION AREA (SOUTH BEND CENTRAL ALLOCATION AREA NO. 1A) <br />WHEREAS, on May 10, 1985, the South Bend Redevelopment <br />Commission (the "Commission ") adopted its Resolution No. 737 (the <br />"Declaratory Resolution ") declaring that an area designated by the <br />Commission as the South Bend Central Development Area (the "Area ") <br />in the Redevelopment District of the City of South Bend, Indiana, <br />is a "blighted area" within the meaning of the Redevelopment of <br />Cities and Town Act of 1953, IC 36 -7 -14, as amended (the "Act"); <br />and <br />WHEREAS, on June 14, 1985, after notice of the public <br />hearing thereon and after obtaining all other approvals required <br />by law, the Commission in its Resolution No. 739 confirmed the <br />Declaratory Resolution by the adoption of a Confirmatory <br />Resolution; and <br />WHEREAS, the Commission in accordance with the Act, has <br />previously established the South Bend Central Allocation Area, <br />(South Bend Central Allocation Area No. 1A) which has boundaries <br />coterminous with the Area; and <br />WHEREAS, the Commission in accordance with the Act, has <br />previously established the South Bend Central Allocation Area, <br />
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