No. 0458 declaring, confirming, delineating Model Neighborhood Area #1, Southeast Neighborhood Area #1 to be blighted, approving an urban renewal plan/conditions under which relocation pmts. will be made - Project # IND A-10

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of lots 1 and C extended northerly; thence southerly along the west line of said north -south alley extended northerly and the west line of said north -south alley to the point of beginning, containing approximately 481,000 sq. ft. WHEREAS, upon such surveys, investigations and studies being made, it has been found by the City of South Bend Redevelopment Commission that the above described area has become blighted to an extent that such blighted conditions cannot be corrected by regulatory process, or by the ordinary operations of private enterprise without resort to the provisions of the Redevelopment of Cities and Towns Act of 1953, as amended, and it has been further found that the public health and wel- fare would be benefited by the acquisition and redevelopment of such area under the provisions of such Act; and WHEREAS, such findings have been made by the Commissioners by Resolution No. 445, adopted at a regular meeting of the Commissioners held on April 6, 1973; and WHEREAS, the Commissioners have caused to be prepared maps and plans showing the boundaries of such blighted areas, the location of the various parcels of properties, streets and alleys and other features affecting the acquisition, clearance, replanning and redevelopment of such area, and indicating the parcels of property to be included in the acquisition and portions of area acquired which are to be devoted to streets, parks, playground, and other public purposes under the redevel- opment plan; and WHEREAS, the Commissioners have caused to be prepared a schedule of aver- age gross rentals for standard housing within the City of South Bend, a schedule of fixed relocation payments, and a schedule of average sale prices for standard housing by bedroom size for use in the displaced housing payment; and WHEREAS, in connection with an application of the City of South Bend De- partment of Redevelopment to the Secretary of the Department of Housing and Urban Development for financial assistance under Title I of the Housing Act of 1949, as amended, the approval by the Governing Body of the City of South Bend Department of Redevelopment of an Urban Renewal Plan for the project area involved in such application is required by the Federal Government before it will enter into a contract for loan or grant with the City of South Bend Department of Redevelopment under Title I; and WHEREAS, the rules and regulations prescribed by the Federal Government pursuant to Title I require that the conditions under which the City of �✓ South Bend Department of Redevelopment will make Relocation Payments in connection with the Urban Renewal Project contemplated by the application be officially approved by the Governing Body of the City of South Bend Department of Redevelopment; and WHEREAS, there was presented to this meeting of the Governing Body of the City of South Bend Department of Redevelopment for its consideration and approval, a copy of an Urban Renewal Plan for the project area dated April 6, 1973, which plan is entitled, "URBAN RENEWAL PLAN NEIGHBORHOOD DEVELOPMENT PROJECT AREA (S) MODEL NEIGHBORHOOD AREA #1 (MN #1) & SOUTHEAST NEIGHBORHOOD AREA #1 (SE #1) PROJECT NO. IN. A -10 SOUTH BEND, INDIANA" and consists of 88 pages and a set of conditions under which the City of South Bend Department of Redevelopment will make Relocation Payments, which set of conditions is set forth in the Relocation Plan attached hereto and marked for the Urban Renewal Project contemplated by the application; and WHEREAS, the Urban Renewal Plan and the conditions under which the Local Public Agency will make Relocation Payments were reviewed and considered at the meeting; and - 2 -