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Redevelopment Commission Agenda & Packet 12.18.25 - Final
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Redevelopment Commission Agenda & Packet 12.18.25 - Final
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<br />RESOLUTION NO. 3661 <br /> <br /> <br />RESOLUTION OF THE <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />APPROVING AMENDMENTS TO THE DECLARATORY <br />RESOLUTION AND THE DEVELOPMENT PLAN FOR THE RIVER <br />WEST DEVELOPMENT AREA FOR THE PURPOSE OF <br />ESTABLISHING NEW ALLOCATION AREAS AND RELATED <br />MATTERS <br /> <br /> <br /> <br /> <br />WHEREAS, the South Bend Redevelopment Commission (the “Commission”), the <br />governing body of the City of South Bend, Indiana, Department of Redevelopment (the <br />“Department”) and the Redevelopment District of the City of South Bend, Indiana (the “District”), <br />exists and operates under the provisions of the Redevelopment of Cities and Towns Act of 1953 <br />which has been codified in Indiana Code 36-7-14, as amended from time to time (the “Act”); and <br />WHEREAS, the Commission has heretofore adopted a declaratory resolution (as <br />subsequently confirmed and amended from time to time, the “Declaratory Resolution”) <br />designating an area known as the River West Development Area (the “Area”) as an economic <br />development area pursuant to the Act, designating portions of the Area as allocation areas pursuant <br />to Section 39 of the Act (collectively, the “Allocation Area”), and approving and subsequently <br />amending from time to time a development plan for the Area (collectively, the “Plan”); and <br /> <br />WHEREAS, pursuant to Sections 15-17.5 of the Act, the Commission desires to <br />further amend the Declaratory Resolution and the Plan to designate certain areas, each of which is <br />presently part of the Allocation Area, as separate allocation areas pursuant to Section 39 of the Act <br />to be known as (i) the “Lafayette North Allocation Area” as described and depicted at Exhibit A <br />attached hereto (the “Lafayette North Allocation Area”), (ii) the “Lafayette South Allocation Area” <br />as described and depicted at Exhibit B attached hereto (the “Lafayette South Allocation Area”), <br />(iii) the “Ignition Park Allocation Area” as described and depicted at Exhibit C attached hereto <br />(the “Ignition Park Allocation Area”), (iv) the “Downtown North Allocation Area” as described <br />and depicted at Exhibit D attached hereto (the “Downtown North Allocation Area”), (v) the <br />“Michigan Street Corridor Allocation Area” as described and depicted at Exhibit E attached hereto <br />(the “Michigan Street Corridor Allocation Area”), (vi) the “Studebaker Campus Allocation Area” <br />as described and depicted at Exhibit F attached hereto (the “Studebaker Campus Allocation Area”), <br />(vii) the “Riverfront West Allocation Area” as described and depicted at Exhibit G attached hereto <br />(the “Riverfront West Allocation Area”), and (viii) the “Downtown South Allocation Area” as <br />described and depicted at Exhibit H attached hereto (the “Downtown South Allocation Area”) <br />(clauses (i) through and including (viii), collectively, the “Allocation Areas”); and <br />
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