5D2 Resolution No. 3624 (Confirming TIF Expansion SSDA) - Signed

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RESOLUTION NO. 3624 RESOLUTION OF THE CITY OF SOUTH BEND REDEVELOPMENT COMMISSION CONFIRMING A DECLARATORY RESOLUTION AND MODIFYING AND APPROVING AN AMENDED AND RESTATED DEVELOPMENT PLAN FOR THE SOUTH SIDE DEVELOPMENT AREA WHEREAS, the South Bend Redevelopment Commission (the “Commission”), governing body of the City of South Bend (the “City”) Department of Redevelopment (the “Department”) and the Redevelopment District of the City of South Bend, Indiana (the “Redevelopment District”), exists and operates under the provisions of the Redevelopment of Cities and Towns Act of 1953 which has been codified in Indiana Code 36-7-14, as amended from time to time (the “Act”); and WHEREAS, the Commission previously adopted and confirmed a declaratory resolution in 2014 (i) designating and declaring a certain area within the City to be a redevelopment area and an allocation area for purposes of tax increment financing to expand the South Side Development Area (the “Existing Area”) to include the former Scottsdale Community Center in the Existing Area; (ii) adding the Scottsdale Community Center to the property acquisition list for the Existing Area; and (iii) approving an amendment to the development plan for the Existing Area; and WHEREAS, in 2019, the Commission, adopted and confirmed a declaratory resolution (i) transferring territory from the South Side Development Area to the Existing Area; (ii) amending the boundaries of the Existing Area to add certain territory (the “First Expansion Area”); and (iii) approving an amendment to the development plan for the Existing Area; and WHEREAS, the Commission on October 24, 2024, approved and adopted its Resolution No. 3613 entitled “Resolution of the South Bend Redevelopment Commission Amending the Boundaries of the South Side Development Area and the South Side Development Area Allocation Area No. 1, Amending and Restating the Development Plan for Said Area and Regarding Related Matters” (the “South Side Declaratory Resolution”), a copy of which is attached hereto as Exhibit A; and WHEREAS, the South Side Declaratory Resolution (i) designated and declared certain areas within the City to be redevelopment areas and an allocation area for purpose of tax increment financing to expand the First Expansion area (collectively, the Second Expansion Area”) and with the First Expansion Area, the “South Side Area”); (ii) added certain parcels of property to the South Side Area property acquisition list; and (iii) approved a second amended and restated development plan for the South Side Area (the “South Side Plan”); and WHEREAS, the City of South Bend Plan Commission, on November 18, 2024, approved and adopted an Order (the “Plan Commission Order”) determining that the South Side Declaratory Resolution and the South Side Plan conform to the plan of development for the City and approved the South Side Declaratory Resolution and the South Side Plan; and