14, 1986, revised as of July 16, 1993, stating, in part, that modification of an
<br />Enterprise zone will not be considered without approval of such request by the Urban
<br />Enterprise Association, Mayor and City Council of the City within whose borders the
<br />Enterprise Zone is located; and
<br />WHEREAS, application has been made to modify the Enterprise Zone located within
<br />the City of South Bend, Indiana (hereinafter, the "Zone "), to include within the Zone
<br />certain parcels of real estate and to delete from the Zone certain other parcels of
<br />real estate, all as described at Exhibit "B" attached hereto and incorporated herein;
<br />and
<br />WHEREAS, the parcels of real estate described at Exhibit "B" comprise property
<br />that is suitable for the redevelopment of commercial, industrial and residential
<br />activities and that is compatible with the goals and objectives of the five -year
<br />strategic plan of the Urban Enterprise Association of South Bend, Indiana, Inc., and
<br />that the inclusion of said properties is an appropriate modification of the boundary
<br />of the Enterprise Zone located within the City of South Bend, Indiana; and
<br />WHEREAS, the specific parcels to be deleted from the Zone, as described at
<br />Exhibit "B ", and the justification for such deletions are specified in the five -year
<br />strategic plan of the Urban Enterprise Association of South Bend, Indiana, Inc; and
<br />WHEREAS, the Urban Enterprise Association of South Bend, Indiana, Inc., has
<br />approved the request for this boundary modification at a public meeting held on
<br />September 15, 1993.
<br />NOW, THEREFORE, BE IT HEREBY RESOLVED by the Common Council of the City of South
<br />Bend, Indiana, as follows:
<br />Section I. That the request for modification of the Enterprise Zone located
<br />within the City of South Bend, Indiana, which modification would modify the existing
<br />Enterprise Zone to include certain parcels of real property as described at Exhibit
<br />"B" hereto, and to delete certain other parcels of real estate described at Exhibit
<br />"B ", hereto, thereby modifying the boundaries of the Enterprise Zone located within
<br />South Bend, Indiana, to those defined at Exhibit "D ", hereto, shall be and hereby is
<br />approved.
<br />Section II. That the demographic and economic impacts of the proposed boundary
<br />modification, as detailed in the boundary modification justification application,
<br />attached hereto as Exhibit "C," shall be and hereby are accepted.
<br />Section III. That the boundary modification justification application attached
<br />hereto as Exhibit "C," shall be and hereby is approved and accepted.
<br />Section IV. That this Resolution Constitutes the approval of the request for
<br />modification of the urban Enterprise Zone by the Council and Mayor of the City within
<br />which the zone in question is located, as required by the policy guidelines
<br />established by the Indiana Enterprise Association of South Bend, Indiana, Inc., to
<br />submit an application recommending an enterprise zone boundary modification to the
<br />Indiana Enterprise Zone Board.
<br />Section V. That this Resolution shall be in full force and effect from and
<br />after its adoption by the Common Council and approval by the Mayor.
<br />RESOLUTION NO. 2072 -93
<br />/s/ Stephen Luecke
<br />Member of the Common Council
<br />A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH
<br />BEND, INDIANA, ADOPTING A FIVE YEAR STRATEGIC PLAN,
<br />IDENTIFYING THOSE COMMUNITY AND ECONOMIC DEVELOPMENT
<br />INCENTIVES AVAILABLE IN THE ENTERPRISE ZONE LOCATED IN SOUTH
<br />BEND, INDIANA, AND AUTHORIZING THE SUBMISSION TO THE INDIANA
<br />URBAN ENTERPRISE ZONE BOARD AND STATE BUDGET COMMITTEE OF AN
<br />APPLICATION FOR THE RENEWAL OF THE ENTERPRISE ZONE LOCATED
<br />IN SOUTH BEND, INDIANA.
<br />WHEREAS, the State of Indiana has enacted I.C. 4- 4 -6.1, allowing certain areas
<br />within Indiana to be designated as "Enterprise Zone" areas and entitling property
<br />owners therein to certain benefits (as provided by law), from time to time; and]
<br />WHEREAS, a certain area within the City of South Bend, Indiana has been so
<br />designated as an Enterprise Zone, effective as of January 1, 1984, said area modified
<br />effective as of May, 1989; and
<br />WHEREAS, said designation terminates effective December 31, 1993; and
<br />WHEREAS, the State of Indiana has provided a mechanism to allow for the renewal
<br />of areas designated as Enterprise Zones; and
<br />WHEREAS, the Urban Enterprise Association of South Bend, Indiana, Inc.
<br />throughout its existence has been engaged in and has undertaken a number of programs
<br />and operations in and serving businesses and residents located within the Enterprise
<br />Zone located within South Bend, Indiana (hereinafter, the "ZONE "), and continues to
<br />operate, supervise and conduct various such programs and operations; and
<br />
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