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19-35 Resolution to Approve of the Written Order of the Area Plan Commission Regarding the Proposed Tax Increment Finance (TIF) Area Realignment
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19-35 Resolution to Approve of the Written Order of the Area Plan Commission Regarding the Proposed Tax Increment Finance (TIF) Area Realignment
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5/22/2019 8:56:19 AM
Creation date
5/8/2019 10:32:46 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
5/13/2019
Bill Number
19-35
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oy SOUTH a,e <br /> r <br /> UFiled in Clerks' Office <br /> ._ d <br /> PEA,... --- <br /> c` . <br /> ,( / MAY 06 2019 1 <br /> 1865 KAREEMA1 bVWLER <br /> CITY OF SOUTH BENW <br /> Y CLERK,SOUTH BEND,INCOMMUNITY I \VESTMENT <br /> May 1,2019 <br /> Tim Scott <br /> President, South Bend Common Council <br /> 4th Floor, County-City Building <br /> South Bend, IN 46601 <br /> Re: Resolution to Approve of the Written Order of the Area Plan Commission Regarding the <br /> Proposed Tax Increment Finance("TIF")Area Realignment <br /> Dear President Scott: <br /> Enclosed for consideration by the Common Council is a resolution which approves of the written order of <br /> the Area Plan Commission(the"APC") evidenced by a resolution adopted by the APC on April 16, 2019 <br /> (the"APC Resolution"), in connection with the proposed realignment of the various TIF Areas located in <br /> the City of South Bend(the"City"). The APC Resolution approved of action taken by the South Bend <br /> Redevelopment Commission(the"Redevelopment Commission")on April 11, 2019, to adopt declaratory <br /> resolutions for the purpose of: <br /> (i) (i)designating and declaring certain areas within the City to be redevelopment areas and <br /> an allocation area for purposes of tax increment financing to expand the existing River <br /> East Development Area(the"River East Area"); (ii)adding certain parcels of property to <br /> the River East Area property acquisition list; and(iii)approving an amended and restated <br /> development plan for the River East Area(the"River East Plan"); and <br /> (ii) (i)removing certain territory from the River West Development Area(the"River West <br /> Area"); (ii)designating and declaring certain areas within the City to be economic <br /> development areas and allocation areas for purposes of tax increment financing to expand <br /> the existing River West Area; (iii)transferring certain territory from the West <br /> Washington Chapin Development Area(the"West Washington Chapin Area")to the <br /> River West Area; (iv)adding certain parcels of property to the River West Area property <br /> acquisition list; and(v) approving an amended and restated plan for the River West Area <br /> (the"River West Plan"); and <br /> (iii) (i)removing certain territory from the West Washington Chapin Area; (ii)adding certain <br /> parcels of property to the West Washington Chapin Area property acquisition list; and <br /> (iii) approving an amended and restated development plan for the West Washington <br /> Chapin Area(the"West Washington Chapin Plan"); and <br /> (iv) (i)transferring certain territory from the River West Area to the South Side Development <br /> Area(the"South Side Area"); (ii)designating and declaring certain areas within the City <br /> DANIEL J.BUCKENMEYER ALKEYNA ALDRIDGE PAMELA MEYER 'DM C:ORCORAN <br /> BUSINESS DEVELOPMENT ENGAGEMENT&ECONOMIC EMPOWERMENT NEIGHBORHOOD DEVELOPMENT PLANNING&CO.4LMUNITv RESOURCES <br /> EXCELLENCE ACCOUNTABILITY INNOVATION INCLUSION EMPOWERMENT <br /> 1400S County-City Building 227 W.Jefferson Blvd. South Bend,Indiana 46601 p 574.235.9371 www.southbendin.gov <br /> f-p <br />
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