No. 0919 designating/declaring the AEDA, approving an economic development plan and establishing an allocation area for purposes of TIF

Home Browse Search

FV, q; 9404772 RESOLUTION NO. 919 RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION DESIGNATING AND DECLARING THE AIRPORT ECONOMIC DEVELOPMENT AREA, APPROVING AN ECONOMIC DEVELOPMENT PLAN AND ESTABLISHING AN ALLOCATION AREA FOR PURPOSES OF TAX INCREMENT FINANCING WHEREAS, the South Bend Redevelopment Commission (the "Commission "), governing body of the City of South Bend Department of Redevelopment (the "Department ") and the Redevelopment District of the City of South Bend, Indiana (the "Redevelopment District "), exists and operates under the provisions of the Redevelopment of Cities and Towns Act of 1953 which has been codified in IC 36 -7 -14, as amended from time to time (the "Act "); and WHEREAS, the Department, pursuant to the Act, has conducted surveys and investigations and has thoroughly studied the area within the City of South Bend (the "City ") hereby designated as the Airport Economic Development Area (the "Area ") and more particularly described as follows: A part of Sections 17, 18, 19, 20, 21, 22, 27, 28, 29, 30, 31, 32 and 33 in Township 38 North, Range 2 East, and Section 4, Township 37 North, Range 2 East all in German Township, St. Joseph County, Indiana more particularly described as follows: Beginning at the intersection of the East right of way line of Bendix Drive and the Northeast right of way line of Lincolnway West (also known as USR 20); thence Northwesterly along said Northeast right of way line of Lincolnway West to the East right of way line of Butternut Road; thence Northwesterly across Butternut Road on a line parallel to and 140 feet Northerly of the survey Line S- USR20 -M (referenced to plans for U.S. 31 Bypass) to the West right of way line of Butternut Road; thence Northwesterly along the Northeast limited access right of way line of USR 20 to a point 150 feet to the left of Station 65 +00, Line S- USR20 -M; thence Southwesterly a distance of 300 feet along a line measured at right angles to said Line S- USR20 -M to a point 150 feet to the right of Station 65 +00 on Line S- USR20 -M; thence Southerly and Southwesterly along the limited access right of way line of the Southeast ramp of the U.S. 31 Bypass to a point being 170 feet to the right of Station 35 +00 on Line M at the centerline of the U.S. Bypass; thence Westerly a distance of 320 feet to a t 150 feet to the left of Station 35 +00 on said Line -1-