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5. It is estimated that the cost of acquiring the property being added to <br />the acquisition list is $ 364,745. <br />6. The Area consists of two hundred twenty four (224) acres and is <br />Co contiguous and carnpact. <br />7. The assessed value of real property in the Area when added to the <br />assessed value of the real property located in all redevelopment areas does not <br />exceed (20 %) of the total assessed value of the real property located in the <br />City of South Bend. <br />8. The CcmTdssion hereby adopts and approves the Plan and directs the <br />Secretary to file a certified copy of the Plan with the minutes of this <br />meeting. <br />9. All other findings, determinations, and conclusions in Resolution No. <br />818 shall remain as stated therein, except as amended previously by the <br />Resolutions cited in the whereas clauses herein. <br />10. The proposed amendment to the Development Plan as attached hereto is <br />hereby in all respects approved. <br />11. The Commission finds that the proposed amendment to the Development <br />Plan and to Resolution No. 818, as amended, is reasonable and appropriate when <br />considered in relation to the Development Plan and to Resolution No. 818, as <br />amended, respectively, and the purposes of the Act. <br />12. The Commission finds that the Development Plan, as amended, and <br />Resolution No. 818, as amended and as hereby further amended, conform to the <br />comprehensive plan of the City. <br />13. The secretary is hereby directed to file a certified copy of said <br />Development Plan, as amended, with the minutes of this meeting. <br />14. The secretary is hereby directed to record this Resolution pursuant to <br />the requirements of I.C. 36- 7- 14- 17.5(g). <br />15. All other findings, determinations, and conclusions in Resolution No. <br />818, as amended, shall remain as stated therein. <br />16. The United States of America is hereby assured of full compliance by <br />the South Bend Redevelopment Ca mnission with regulations of the Department of <br />Housing and Urban Development effectuating Title VI of the Civil Rights Act of <br />1964, as amended. <br />Adopted at a meeting of the South Bend Redevelopment Commission held on <br />February 23, 1990, at the Office of the Commission, 1200 County -City Building, <br />227 West Jefferson Boulevard, South Bend, Indiana. <br />CITY OF • :E • INDIANA <br />