No. 0889 declaring an area in the COSB as an EDA and approving a development plan for said area

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r ' that is consistent with Plan goals and objectives and to assure compatibility of development throughout the area. 1. Zoning requirements shall be the same as those in the "D" Light Industrial District as identified in Chapter 21, Article 2, of the Municipal Code of the City of South Bend. 2. Height and area requirements shall be the same as those in the "A" Height and Area District as identified in Chapter 21, Article 4, of the Municipal Code of the City of South Bend. 3. When feasible, utility lines shall be placed underground. 4. All properties within the Area shall be designed and maintained so that the appearance of the premises and all buildings thereon shall reflect a level of design and maintenance in keeping with the standards of the Area. B. Public Improvements In order to facilitate industrial development, the City of South Bend will construct the following improvements in the Area, depending on the availability of funds. 1. Extension of 8" water mains from existing 12" mains to service the area. 2. Extension of sanitary sewers to service the Area. 3. Extension of storm sewers to service the Area. 4. Construction of a new, 1000' long, 3 -lane access road to service the Area. 5. Such other public improvements as are required for the project. III. PROJECT PROPOSALS A. Land Acquisition Section III(D) lists the ownership of all property in the Area. At this time, no property is scheduled for acquisition by the Commission. Should the Redevelopment Commission ever acquire property within the Area, it will sell or lease the property to a purchaser or lessee at its fair market value, excepting those cases when property is sold or leased to another public body pursuant to Indiana Code 36- 7- 14 -22(a) or 36- 1 -11 -8, for uses in accordance with the Plan. -3- 9/8/89