No. 0812 authorizing reimbursement to the COSB for expenditures made within the Rum Village Industrial Park (acquisition of right of way)

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Belleville Gardens Second Addition; thence east 1985 feet, more or less; thence south 30 feet, more or less; thence east 535 feet, more or less; thence south 100 feet, more or less, thence east to the west line of the west one -half (1/2) of Section Fifteen (15), Township Thirty -seven (37) North, Range Two (2) East; thence South 800 feet, more or less, along the west line of said Section Fifteen (15) to the north right -of -way line of the Penn Central Railroad (Old Pennsylvania Railroad; thence east along said railroad right -of -way to the east right -of -way line of Olive Street; thence south along said right -of -way line to the point of beginning. and, WHEREAS, the Commission further amended Resolution No. 650 by Resolution No. 810, adopted on August 28, 1987, and not yet confirmed; and WHEREAS, the Commission has created and designated the Rum Village Industrial Park Allocation Area (South Bend Allocation Area No. 4)(the Allocation Area), the boundaries for which are identical with the boundaries of the Rum Village Industrial Park described in the third WHEREAS clause above;.and WHEREAS, in Resolution Nos. 650 and 783 the Commission directed that the proceeds of taxes be distributed to the Department pursuant to the allocation provisions of the resolutions, particularly paragraph 6(b) of Resolution No. 650 and paragraphs 5, 6, and 7 of Resolution No. 783, and be deposited in a special fund designated as South Bend Department of Redevelopment Allocation Area (South Bend Allocation Area No. 4) Special Fund (Special Fund), proceeds from which may be used, among other purposes, "to reimburse the City for expenditures made by it for public improvements in South Bend Allocation Area No. 4 "; and WHEREAS, the City of South Bend has made expenditures and has committed to make additional expenditures for public improvements within the Allocation Area and should be reimbursed from the Special Fund for those expenditures. NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1. The Commission finds that the City of South Bend has expended the following amounts from the Department of Economic Development Administration account for the following activities relating to public improvements in the allocation area: Check No. Vendor Activity Date Paid Amount 1011 Nelson Fuel Acquisition of 4 -15 -87 $11,000.00 Right of Way Committed but Norfolk Sou- Acquisition of - $ 4,080.58 not yet com- thern Rail- Right of Way pleted road TOTAL $15,080.58 Ln