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8404037 <br />,r; <br />WHEREAS, the Board of Commissioners did on August 12, <br />adopt Resolution 540 redeclaring, among other things, that <br />above described area is blighted and constitutes <br />social and economic interests of the City and its <br />that it will be of public utility and benefit to <br />area and redevelop the same under the provisions <br />ment of Cities and Towns Act of 1953, as amended, <br />changes in the Urban Renewal Plan as presented in <br />said Resolution; and <br />1977, <br />the <br />a menace to the <br />inhabitants and <br />acquire such <br />of the Redevelop - <br />and approved the <br />connection with <br />WHEREAS, as required by law, the St. Joseph County Area Plan <br />Commission and the South Bend Common Council have considered and <br />approved said Resolution 540 and the Urban Renewal Plan (redevelop- <br />ment plan), and subsequently the Board of Commissioners did on <br />October 7, 1977, hold a public hearing for the purpose of presenting <br />said Resolution 540 and the plan changes approved therein to the <br />public and to hear and consider remonstrances concerning said <br />changes and such hearing was adjourned and continued to October <br />14, 1977, and again to this October 21, 1977; and <br />WHEREAS, said Redevelopment of Cities and Towns Act of 1953, <br />as amended, requires that the Board of Commissioners, after such <br />AVK hearing and consideration, shall take final action determining <br />the public utility and benefit of the project, either confirming, <br />modifying, or rescinding Resolution 540; and <br />WHEREAS, the Board of Commissioners desires to modify said <br />Resolution 540 and to confirm said Resolution 540 as so modified; <br />NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners <br />of the City of South Bend Department of Redevelopment that Resolu- <br />tion 540 is modified by removing Acquisition Parcel 11 in Block 9 <br />on the Land Acquisition Tabulations, Code No. R -213, Page 40d, from <br />the column headed "Acquire" and placing it back in the column <br />headed "Not Acquire ", and by reduction of the estimated cost of <br />acquiring the properties in the area, as specified in paragraph <br />numbered 3 of said Resolution 540, to $15,440,220.00. <br />BE IT FURTHER RESOLVED that it will be of public utility <br />and benefit to proceed with the plan of redevelopment as set forth <br />in Resolution 540 passed by said Board of Commissioners on August 12, <br />1977, referred to in the WHEREAS clauses above, and that said <br />Resolution 540 as hereby modified is now hereby approved, ratified, <br />and confirmed, including the changes in the Urban Renewal Plan <br />as presented in connection with the Urban Renewal Plan. <br />Adopted at a Regular Meeting of the South Bend Redevelopment <br />Commission, held on October 21, 1977, at the Office of the Commis- <br />sion, 1200 County -City Building, 227 W. Jefferson Blvd., South <br />Bend, Indiana. <br />ATTEST'"., <br />naldson, Secretary <br />nt Commission <br />1C <br />CITY OF SOUTH BEND, INDIANA <br />DEPARTMENT OF REDEVELOPMENT <br />. Jay mtz, President <br />_"lavelop ent Commission <br />� E <br />CITY OF SOUTH BEND, INDIANA <br />DEPARTMENT OF REDEVELOPMENT <br />. Jay mtz, President <br />_"lavelop ent Commission <br />