No. 0413 authorize issuance of bands for the purpose of defraying expenses - Project IN R-66

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0 0 RESOLUTION NO. 413 RESOLUTION TO AUTHORIZE ISSUANCE OF BONDS FOR THE PURPOSE OF DEFRAYING EXPENSES- Project Indiana R -66 WHEREAS, this Commission adopted Resolution No. 215 on April 4, 1968 (Central Downtown Project, Indiana R -66) which Resolution declared certain real estate in the South Bend Redevelopment District to be blighted areas; and WHEREAS, this Commission held a hearing and confirmed said determination as to said Central Downtown Project, Indiana R -66 on the 10th day of October, 1968 by the adoption of Resolution No. 233; and WHEREAS, the Common Council of the City of South Bend approved said determination by the adoption, on September 10, 1968, of its Resolution No. 193 -68 approving the Urban Renewal Plan and the Feasibility of Relocation for said Central Downtown Project, Indiana R -66; and WHEREAS, said Central Downtown Project, Indiana R -66 was approved by the St. Joseph County Area Plan Commission on the 6th day of August 1968; and • WHEREAS, a petition signed by more than fifty (50) owners of taxable real estate located in the South Bend Re- development District and certified by the St. Joseph County Auditor requesting the South Bend Redevelopment Commission to issue bonds for the purpose of procuring funds to pay the cost of acquisition, clearance, rehabilitation, site improve- ment and renewal of property described in Commission Resolution No. 215, and all expenses necessarily incurred in connection with