No. 0300 authorizing and directing a change in the approved urban renewal plan for Project IND R-56

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RESOLUTION NO. 300 RESOLUTION OF THE CITY OF SOUTH BEND, DEPARTMENT OF REDEVELOPMENT AUTHORIZING AND DIRECTING A CHANGE IN THE APPROVED URBAN RENEWAL PLAN FOR PROJECT, IND. R -56 WHEREAS, it is necessary and in the public interest that the City of South Bend, Department of Redevelopment avail itself of the financial assistance provided by Title I of the Housing Act of 1949, as amended, to carry out the Urban Renewal Project described as the Industrial Expansion Urban Renewal Area and bounded gener- ally as follows: Beginning at the point of intersection of the north right - of -way line of Cotter Street and the east right -of -way line of Kendall Street; thence south along the east right -of -way line of Kendall Street to a point 564 feet, more or less, to the north right -of -way line of the New Jersey, Indiana and Illinois Railroad; thence west on a line parallel to the north right -of -way line of the said Railroad for a distance of 1,069 feet, more or less to the west right -of -way line of Kemble Avenue; thence north along the west right -of -way line of Kemble Avenue and its extension, for a distance of 330.32 feet, more or less, to the north -west right -of -way line of Prairie Avenue; thence north -east for a distance of 265.35 feet,more or less, along the north -west right -of way line of Prairie Avenue to the point of intersection of the north -west right -of -way line of Prairie Avenue and the extension of the north right -of -way line of Cotter Street; thence east for a distance of 942.60 feet, more or less, along the north right -of -way line of Cotter Street to the intersection of the east right -of -way line of Kendall Street, this point of intersection being the point of beginning. ereinafter referred to as the "Project "; and WHEREAS, an Urban Renewal Plan dated December 31; 1966 was ubmitted to The Department of Housing and Urban Development and ully approved by The Department of Housing and Urban Development nd the Local Governing Body; and WHEREAS, a Loan and Grant Contract by and between the United tates of America and the City of South Bend, Department of Re- evelopment was executed and dated July 31, 1968 in order to carry ut said Urban Renewal Plan; and WHEREAS, the Urban Renewal Plan so approved hereinafter call - d "Existing Plan" contemplated the reuse and development of the ntire Project Area for heavy industrial use to be developed by ne developer as an expansion of existing industrial complex ad- acent to the Project Area and that such development would require ittle or no site improvements; and WHEREAS, the contemplated redeveloper withdrew its operation rom the area and from the locality thus requiring that other otential redevelopers be sought; and WHEREAS, a Public Offering of said Project land was made with he approval of the Department of Housing and Urban Development hich public offering was made subject to the installation of site mprovements as required and necessitated by the redeveloper's site Ian. WHEREAS, the redeveloper has submitted a site plan which has een approved by this Commission and which requires more extensive nd different site improvements than contemplated in the "Existing 1 an. " NOW, THEREFORE, BE IT RESOLVED by the City of South Bend evelopment Commission: That the Executive Director of the City of South Bend,