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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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Filed in Clerk's Office <br /> RESOLUTION NO. 253-19 MAY 06 2019 <br /> KAREEt1.aiHIF=JWI_ER <br /> RESOLUTION OF THE ST.JOSEPH COUNTY AREA P). y C, ARK SOUTH BEND, IN <br /> COMMISSION APPROVING RESOLUTIONS OF THE SOUTH-REND' --_-.._-- <br /> REDEVELOPMENT COMMISSION TO AMEND THE BOUNDARIES OF <br /> THE RIVER EAST DEVELOPMENT AREA,THE RIVER WEST <br /> DEVELOPMENT AREA,THE WEST WASHINGTON CHAPIN <br /> DEVELOPMENT AREA AND THE SOUTHSIDE DEVELOPMENT AREA <br /> AND APPROVING OF AMENDED AND RESTATED DEVELOPMENT <br /> PLANS FOR THE RIVER EAST DEVELOPMENT AREA,THE RIVER <br /> WEST DEVELOPMENT AREA,THE WEST WASHINGTON CHAPIN <br /> DEVELOPMENT AREA AND THE SOUTHSIDE DEVELOPMENT AREA <br /> WHEREAS, the St. Joseph County Area Plan Commission (the "Area Plan <br /> Commission"), is the body charged with the duty of developing a general plan of development <br /> for the City of South Bend, Indiana(the "City"); and <br /> WHEREAS, the South Bend Redevelopment Commission (the "Commission"), <br /> the governing body of the South Bend Department of Redevelopment (the "Department") on <br /> April 11, 2019, approved and adopted its Resolution No. 3479 entitled "Resolution of the South <br /> Bend Redevelopment Commission Amending the Boundaries of the River East Development <br /> Area and the River East Development Area Allocation Area No. 1, Amending and Restating the <br /> Development Plan for Said Area and Regarding Related Matters" (the "River East Declaratory <br /> Resolution"); and <br /> WHEREAS, the River East Declaratory Resolution (i)designated and declared <br /> certain areas within the City to be redevelopment areas and an allocation area for purposes of tax <br /> increment financing to expand the existing River East Development Area (the "River East <br /> Area"); (ii) added certain parcels of property to the River East Area property acquisition list; and <br /> (iii)approved an amended and restated development plan for the River East Area (the "River <br /> East Plan"); and <br /> WHEREAS, the Commission on April 11, 2019, approved and adopted its <br /> Resolution No. 3478 entitled "Resolution of the South Bend Redevelopment Commission <br /> Amending the Boundaries of the River West Development Area and the River West <br /> Development Area Allocation Area No. 1, Amending and Restating the Development Plan for <br /> Said Area and Regarding Related Matters"(the"River West Declaratory Resolution"); and <br /> WHEREAS, the River West Declaratory Resolution (i) removed certain territory <br /> from the River West Development Area (the "River West Area"); (ii)designated and declared <br /> certain areas within the City to be economic development areas and allocation areas for purposes <br /> of tax increment financing to expand the existing River West Area; (iii) transferred certain <br /> territory from the West Washington Chapin Development Area (the "West Washington Chapin <br /> Area") to the River West Area; (iv) added certain parcels of property to the River West Area <br />
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