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No. 0737 designating SBCDA, declaring SBCDA to be blighted, approving development plan/conditions which relocation pmts. will be made, establishing allocation area for purposes of TIF
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No. 0737 designating SBCDA, declaring SBCDA to be blighted, approving development plan/conditions which relocation pmts. will be made, establishing allocation area for purposes of TIF
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S511.�9691 <br />B. East Bank Development Allocation Area (South Bend <br />Allocation Area No. 2): established by Resolution No. <br />632 on January 16, 1981; base assessment date March 1, <br />1980; South Bend Department of Redevelopment East Bank <br />Development Allocation Area (Allocation Area No. 2) <br />Special Fund: <br />Beginning at the point of intersection of the <br />north right -of -way line of Sorin Street with <br />the east right -of -way line of Niles Avenue; <br />thence south along said east right -of -way line <br />of Niles Avenue to the center line of the first <br />fourteen (14) foot alley lying north of Cedar <br />Street and between Niles Avenue and Hill <br />Street; thence east along said centerline to <br />the centerline of Hill Street, a sixty -six (66) <br />foot right -of -way; thence south along said Hill <br />Street centerline to the centerline of Jefferson <br />Blvd., an eighty -two and one -half (82.5) foot <br />right -of -way; thence west along said Jefferson <br />Blvd. centerline to the center of the St. <br />Joseph River; thence in a northwesterly and <br />northeasterly direction along the center of <br />said river to its intersection with the <br />projected north right -of -way line of Sorin <br />Street; thence east along said projection and <br />along said north right -of -way line to the east <br />right -of -way line of Niles Avenue which is the <br />place of beginning. <br />C. Monroe Sample Development Allocation Area <br />(South Bend Allocation Area No. 3): established by <br />Resolution No. 633 on February 2, 1981; base assessment <br />date March 1, 1981; South Bend Department of Redevelopment <br />Monroe Sample Development Allocation Area (South <br />Bend Allocation Area No. 3) Special Fund: <br />Beginning at the intersection of the centerlines <br />of Michigan Street and Monroe Street; thence <br />east, along said Monroe Street centerline to the <br />centerline of Lincolnway East; thence south- <br />easterly along said centerline to its intersec- <br />tion with the centerline of State Road 23; thence <br />southwesterly and westerly along said centerline <br />(being, in part, also known as the centerline of <br />Sample Street) to its intersection with the <br />centerline of Michigan Street; thence north along <br />said centerline to the place of beginning. <br />16. The effective allocation year for property taxes <br />collected on property in the East Bank Development Allocation Area <br />(South Bend Allocation Area No. 2) and base assessment date for such <br />Allocation Area shall be 1981 and March 1, 1981, respectively. <br />follows: <br />17. Paragraph 8 of Resolution 690 is amended to read as <br />-16- <br />
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