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Resolution No. 3622 (Confirming TIF Expansion RWDA) - Signed
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Resolution No. 3622 (Confirming TIF Expansion RWDA) - Signed
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12/17/2024 8:21:01 AM
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South Bend Redevelopment Commission <br />227 West Jefferson Boulevard, Room 1308, South Bend, Indiana <br />Redevelopment Commission Agenda Item <br />DATE : December 9, 2024 <br />FROM: Tim Corcoran, Chris Dressel <br />SUBJECT: Amendment of River West Development Area - <br />Resolution No. 3622 <br />Funding Source* (circle) River West; River East; South Side; Douglas Road; West Washington; RDC General; Riv. East Res. <br />* Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by the City Controller, then the <br />authorization of the expenditure of such funds shall be void and of no effect. <br />PURPOSE OF REQUEST: Confirming Resolution to amend the River West Development Area (RWDA) <br />SPECIFICS: This Confirming Resolution finalizes the process of amending the Development Plan and boundary for the <br />RWDA. By amending this plan to realign the boundary with an updated legal description and add properties to the <br />acquisition list: all reflected in the updated development area plan, the Commission will be able to strategically focus <br />its resources on current priorities. <br />The proposed amendment to the Plan is consistent with the inter-related goals of: Fiscal stewardship; Economic <br />development; and a Plan-driven redevelopment agenda. By amending the plan and realigning its boundaries, the <br />Commission will be able to strategically focus its resources on current priorities. <br />•On October 24, 2024, the Commission approved Declaratory Resolution No. 3611 beginning the process of <br />amending the RWDA. <br />•On November 18, 2024, the South Bend Plan Commission approved Resolution No. 2024-2, issuing a Written <br />Order which approved, ratified, and confirmed the Commission’s Declaratory Resolution and found it <br />conforms to the plan of development for the City. <br />•On November 25, 2024, the Common Council approved Resolution No. 24-41, which approved, ratified, and <br />confirmed the Area Plan Commission’s Written Order. <br />Staff requests approval of Resolution No. 3622 to conclude the process of amending the Plans for the RWDA. <br />_________________________Pres/V-Pres <br />ATTEST: __________________Secretary <br />Date: ____________________ <br /> APPROVED Not Approved <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />12-12-2024 <br />
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