RM 08-26-83 - Laserfiche WebLink

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South Bend Regular Me elopment Commission - August 26, 1983 5. PUBLIC NEARING (Cont.) a. uonicinuea .. . Mr. Nimtz recognized and received the various documents and ordered them to be entered into the record. Mrs. Kolata informed the Commission that as of 10:00 a.m. today no written remonstrances with respect to the Commission's action were rec ived. Mr. Nimtz opened the hearing for any oral r nstrances to be heard by the Commission. There were no remonstrances heard. Mrs. Kolata read the following Finding of Fa s regarding the Monroe Sample Development The South Bend Redevelopment Commission has con ucted a study of the Monroe Sample Development Area. Based upon that study and following the oth r procedures required by Indiana Code 36 -7 -14, including public hearing, the Redevelopment Commission hereby finds that the area has become blighted to such an extent that such conditions can not be corrected by the regulatory process or by ordinary operations of private enterprise wit out.resort to the provisions of the act, and tha the public health and welfare will be ben fitted by the acquisition and redevelopment of the area under the provision of the act. This fin ing is based on the following information: 0 2 3 Between 1970 and 1980 the population of the area has declined 65% from 1622 to 689. . Between 1970 and 1980 the number of dwelling units has declined 35% from 631 to 414 and the number of households has declined 42% from 536 to 311. The vacancy rate in the area has increased from 15% vacant in 1970 to 22% vacant in 1980, and increase of 46 %. The South Bend Redevelopment Commission finds that it will be of public benefit to the public health and welfare to redevelop the Monroe Sample Development Area. -4-