No. 0759 authorizing reimbursement to the COSB for expenditures made within the Rum Village Industrial Park

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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 line of the west one -half (1/2) of the Northwest Quarter (1/4) of said Section Fifteen (15); thence south 550 feet, more or less, along the said east line of the west one -half (1/2) of the Northwest Quarter (1/4) of said Section Fifteen (15) to the north right -of -way line of the New Jersey, Illinois and Indiana Railroad right -of -way; thence east along said railroad right -of -way line 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, in Resolution No. 650 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 first whereas clause above; and WHEREAS, in Resolution No. 650, the Commission directed that the proceeds of taxes be distributed to the Department pursuant to the allocation provisions of the Resolution, particularly paragraph 6(b), and be deposited in a special fund designated as South Bend Department of Redevelopment Allocation Area (South Bend Allocation 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 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 Cumulative Sewer Fund of the City for the following public improvements in the Allocation Area: -2-