Resolution No. 3648 (Resi TIF Amendements to RWDA) - Signed

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RESOLUTION NO. 3648 RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION CONFIRMING A DECLARATORY RESOLUTION APPROVING AMENDMENTS TO THE DECLARATORY RESOLUTION AND THE DEVELOPMENT PLAN FOR THE RIVER WEST DEVELOPMENT AREA FOR THE PURPOSE OF ESTABLISHING A RESIDENTIAL HOUSING DEVELOPMENT PROGRAM AND RELATED MATTERS WHEREAS, the South Bend Redevelopment Commission (the “Commission”), the governing body of the City of South Bend, Indiana, 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 Indiana Code 36-7-14, as amended from time to time (the “Act”); and WHEREAS, the Commission has heretofore adopted a declaratory resolution (as subsequently confirmed and amended from time to time, the “Declaratory Resolution”) designating an area known as the River West Development Area (the “Area”) as an economic development area pursuant to the Act, designating the related allocation areas pursuant to Section 39 of the Act (collectively, the “Allocation Area”), and approving and subsequently amending from time to time a development plan for Area (the “Original Plan”); and WHEREAS, the Commission on July 24, 2025, approved and adopted its Resolution No. 3644 entitled “Resolution of the South Bend Redevelopment Commission Approving Amendments to the Declaratory Resolution and the Development Plan for the River West Development Area for the Purpose of Establishing a Residential Housing Development Program and Related Matters” (the “Amending Declaratory Resolution”), a copy of which is attached hereto as Exhibit A; and WHEREAS, the Amending Declaratory Resolution approved amendments to the Declaratory Resolution previously adopted by the Commission and the Original Plan previously approved by the Commission for the purpose of: (i) amending the boundaries of the Area to include certain additional territory (the “Lincoln and Kennedy Park Residential Program Expansion Area”) in the Area which is described at Exhibit A to the Amending Declaratory Resolution, (ii)designating the Lincoln and Kennedy Park Residential Program Expansion Area, together with a redesignated portion of the existing Allocation Area which is described at Exhibit B to the Amending Declaratory Resolution (the “Redesignated Area” and together with the Lincoln and Kennedy Park Residential Program Expansion Area, the “Lincoln and Kennedy Park Residential Housing Development Program Area”) as an allocation area pursuant to Sections 39 and 56 of the Act to be known as the “Lincoln and Kennedy Park Residential Housing Development Program Area Allocation Area,” (iii) amending and restating the Original Plan as set forth on Exhibit C to the Amending Declaratory Resolution (the Original Plan, as amended and restated, the “Plan”), (iv)further amending the Plan to incorporate the residential housing program for the Lincoln and Kennedy Park Residential Housing Development Program Area as a component of the Plan as set forth on Exhibit D to the Amending Declaratory Resolution; and WHEREAS, the South Bend Plan Commission, on August 18, 2025, approved and adopted its resolution (the “Plan Commission Order”) determining that the Amending Declaratory