Amending Chapter 2 Adding an Additional Economic Development Target Area

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RESOLUTION NO. RESOLUTION OF THE SOUTH BEND ECONOMIC DEVELOPMENT COMMISSION DECLARING A CERTAIN AREA OF THE CITY OF SOUTH BEND TO BE ECONOMIC DEVELOPMENT TARGET AREAS. WHEREAS, I.C. 36-7-12 has been amended by the Indiana General Assembly to provide for the designation of specific geographic areas in the City of South Bend to be Economic Development Target Areas; and WHEREAS, I.C. 36-7-12-38 requires the favorable recommendation by the Economic Development Commission to designate certain geographic territories in the City of South Bend as Economic Development Target Areas; and WHEREAS, the geographic territory of the City of South Bend described below (Area) qualifies as an Economic Development Target Area because it has become undesirable or impossible for normal development and occupancy because of a lack of development, cessation of growth and deterioration of improvements; and WHEREAS, the South Bend Economic Development Commission finds the designation of the Area as an Economic Development Target Area to be of economic benefit to the City of South Bend and its citizens. IT IS HEREBY RESOLVED by the South Bend Economic Development Commission that pursuant to I .C. 36-7-12-38 the following specific geographic territory of the City of South Bend be declared an Economic Development Target Area: Two parcels of land being parts of the City of South Bend, Portage Township, St. Joseph County, Indiana, and being more particularly described as follows, viz: Beginning at the intersection of the southeasterly right-of-way line of the Chicago, Indiana, and Southern Railroad and the first alley north of Lincolnway West, extended, in said City; thence Southeasterly, South and East along said alley, including Lot 11 of the Augustine Addition, to its intersection with the centerline of Blaine Avenue; thence South along said centerline to its intersection with the centerline of Lindsey Avenue; thence East along said centerline to its intersection with the centerline of Allen Street; thence South along said centerline to its intersection with the first alley north of Lincolnway West; thence South and East along said alley to its intersection with the centerline of Cushing Street; thence South along said centerline to its intersection with the south boundary of Jas. Kent's. Subdivision of Bank Out Lot 114 and part of 113; thence Northeasterly along said boundary and continuing along the south boundary of Burrough's Subdivision of Out Lot 115 to its intersection with the first alley west of Portage Avenue; thence Northwesterly along said alley,