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No. 0910 determining to pay certain expenses incurred for local public improvements in or serving the SBCAA (No. 1A)
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No. 0910 determining to pay certain expenses incurred for local public improvements in or serving the SBCAA (No. 1A)
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T <br />RESOLUTION NO. 910 <br />RESOLUTION OF THE SOUTH BEND REDEVELOPMENT <br />COMMISSION DETERMINING TO PAY CERTAIN EXPENSES <br />INCURRED FOR LOCAL PUBLIC IMPROVEMENTS IN OR <br />SERVING THE SOUTH BEND CENTRAL ALLOCATION AREA <br />(SOUTH BEND ALLOCATION AREA NO. 1A) <br />WHEREAS, the South Bend Redevelopment Commission ( "Commission "), <br />governing body of the City of South Bend Department of Redevelopment <br />( "Department "), on May 10, 1985, adopted Resolution No. 737 declaring <br />the South Bend Central Development Area to be a blighted area within <br />the meaning of IC 36 -7 -14 (the "Act "); and <br />WHEREAS, Resolution 737 and the South Bend Central Development <br />Area Plan were confirmed by Resolution No. 739 adopted on June 14, <br />1985; and <br />WHEREAS, Resolution 737 has been amended from time to time <br />pursuant to the provisions of the Act; and <br />WHEREAS, Resolution 737 created the South Bend Central Allocation <br />Area (South Bend Allocation Area <br />No. 1A) and the South Bend Central <br />Allocation Area (South <br />Bend Allocation Area No. 1A) <br />Special Fund <br />( "Allocation Fund ") for <br />purposes <br />of paying into such <br />fund property <br />tax proceeds in excess <br />of those <br />described in Section <br />39(b) (1) of the <br />Act for the purposes as <br />described <br />in Section 39(b) (2) of <br />the Act; and <br />-1- <br />
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