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5C1 Resolution No. 3607 - REDA TIF Amendment
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5C1 Resolution No. 3607 - REDA TIF Amendment
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10/11/2024 3:39:09 PM
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6 <br /> <br /> <br /> <br /> <br />Statutory Findings The River East Development Area Plan meets the following required findings by the Redevelopment Commission pursuant to State Law (36-7-14-15(a)): 1. The River East Development Area is an area in the territory under its jurisdiction and is an area needing redevelopment; 2. The conditions described in state law (I.C. 36-7-1-3) cannot be corrected in the River East Development Area by regulatory processes or the ordinary operations of private enterprise without resorting to state law (I.C. 36-7-14); 3. The public health and welfare will be benefitted by the amendment of the resolution or plan, or both, for the River East Development Area; and 4. The amendment is reasonable and appropriate when considered in relation to the original resolution or plan for the River East Development Area and the purposes of state law I.C. 36-7-14; and 5. The resolution or plan, with the proposed amendment, conforms to the comprehensive plan for the City. <br />Acquisition of Real Property in the River East Development Area In connection with the accomplishment of this River East Development Plan, the South Bend Redevelopment Commission shall include all parcels with the boundaries set forth above on the acquisition list attached as Appendix C and shall follow the procedures set forth in state law (I.C. 36-7-14-19 or I. C. 36-7-14-19.5). <br />Procedure for Amendment of the River East Development Area Plan The River East Development Area Plan may be amended by resolution of the South Bend Redevelopment Commission in accordance with state law (I.C. 36-7-14-17.5), which currently has requirements for Council and public input and comment. Any change affecting any property or contractual right may be made only in accordance with applicable state and local laws.
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