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RESOLUTION NO. 939 <br />RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION <br />DETERMINING TAX INCREMENT NEEDED TO SATISFY <br />OBLIGATIONS OF THE COMMISSION <br />REGARDING THE WEST WASHINGTON - CHAPIN ALLOCATION AREA <br />(WEST WASHINGTON - CHAPIN ALLOCATION AREA NO. 1A) <br />WHEREAS, on October 23, 1987, the South Bend <br />Redevelopment Commission (the "Commission ") adopted its Resolution <br />No. 818 (the "Declaratory Resolution ") declaring that an area <br />designated by the Commission as the West Washington- Chapin <br />Development Area (the "Area ") in the Redevelopment District of the <br />City of South Bend, Indiana, is a "blighted area" within the <br />meaning of the Redevelopment of Cities and Towns Act of 1953, <br />IC 36 -7 -14, as amended (the "Act "); and <br />WHEREAS, on December 11, 1987, after notice of the public <br />hearing thereon and after obtaining all other approvals required <br />by law, the Commission in its Resolution No. 824 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 West Washington- Chapin Allocation Area <br />(West Washington- Chapin Allocation Area No. 1A) which has <br />boundaries coterminous with the Area; and <br />