No. 0694 ratifying/confirming Res. No. 690, redeclaring Central Downtown Urban Renewal Area to be blighted, expanding boundaries of area, establishing allocation area for purposes of TIF, reapproving the urban renewal plan and all amendments thereto

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+ d �(o r a 8400910 RESOLUTION NO. 694 RESOLUTION OF THE CITY OF SOUTH BEND -n REDEVELOPMENT COMMISSION RATIFYING AND CONFIRMING RESOLUTION NO. 690 REDECLARING THE = :r CENTRAL DOWNTOWN URBAN RENEWAL AREA TO BE�'�' BLIGHTED, EXPANDING THE BOUNDARIES OF THE AREA, ESTABLISHING AN ALLOCATION AREA FOR PURPOSES 40 TAX INCREMENTAL FINANCING AND REAPPROVING THE URBAN RENEWAL PLAN AND ALL AMENDMENTS THERETO. IC ae I �c C30 z �r A= � z a mC2C, 1 r¢. WHEREAS, the City of South Bend Redevelopment Commission ( "Commission ") has, pursuant to the Redevelopment of Cities and Towns Act of 1953, as amended, conducted surveys and investigations and has thoroughly studied that area in the City of South Bend, County of St. Joseph, State of Indiana, designated as the Central Downtown Urban Renewal Area which is more particulary described by a line drawn as follows: Beginning at a point formed by the intersection of the north right -of -way line of LaSalle Avenue and the west right -of -way line of Main Street; thence south along the west right -of -way line of Main Street to the north right -of -way line of Washington Street; thence west along the north right -of -way line of Washington Street to the west right -of -way line of Lafayette Boulevard; thence south along the west right -of -way line of Lafayette Boulevard to the south right -of -way line of Jefferson Boulevard; thence east along the south right -of -way line of Jefferson Boulevard to the west right -of -way line of Main Street; thence south along the west right -of -way line of Main Street to the south right -of -way line of Monroe Street; thence east along the south right -of -way line of Monroe Street to the west right -of -way line of Fellows Street; thence south along the west right -of -way line of Fellows Street to the south right -of -way line of Monroe Street; thence east along the south right -of -way line of Monroe Street and proceeding in a northeasterly direction along said right -of -way line to the center of the St. Joseph River; thence proceeding in a northwesterly direction along the center of the St. Joseph River to the north right -of -way line of LaSalle Avenue; thence west along the north right -of -way line of LaSalle Avenue to the west right -of -way line of Main Street which is the point of beginning. WHEREAS, said Resolution No. 215 has been modified from time to time by similar resolutions with respect to estimated acquisition costs and provisions of an urban renewal plan, which resolutions have been confirmed by the Commission as required by the Act, to wit: Resolution No. 233 adopted October 10, 1968; Resolution No. 456 adopted July 16, 1973; Resolution No. 460 adopted August 3, 1973; Resolution No. 522 adopted May 7, 1976; Resolution No. 524 adopted June 4, 1976; Resolution No. 540 adopted August 12, 1977; Resolution No. 542 adopted October 21, 1977; Resolution No. 550 adopted April 7, 1978; Resolution No. 553 adopted June 2, 1978; Resolution No. 615 adopted June 6, 1980; Resolution No. 620 adopted July 25, 1980; Resolution No. 621 adopted August 8, 1980; Resolution No. 629 adopted November 21, 1980; Resolution No. 668 adopted November 19, 1982; and Resolution No. 669 adopted January 28, 1983; which resolutions are hereinafter collectively referred to as "Declaratory Resolution ", and which Urban Renewal Plan, as amended, is hereinafter referred to as the "Urban Renewal Plan "; and