Adopting a 3 year Strategic Plan & Authorizing the Submission an Application for the Designation of an Enterprise Zone

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RESOLUTION NO. 3 21.03 A RESOLUTION OF THE COMMON COUNCIL OF SOUTH BEND, INDIANA ADOPTING A THREE YEAR STRATEGIC PLAN, AND AUTHORIZING THE SUBMISSION TO THE INDIANA DEPARTMENT OF COMMERCE, URBAN ENTERPRISE ZONE BOARD AND STATE BUDGET COMMITTEE OF AN APPLICATION FOR THE DESIGNATION OF AN ENTERPRISE ZONE LOCATED IN SOUTH BEND, INDIANA WHEREAS, the State of Indiana has enacted I.C. 4- 4 -6.1, allowing certain areas within Indiana to be designated as an "Urban Enterprise Zone" thereby entitling property owners and residents therein to certain benefits as provided by law; and WHEREAS, a certain area within the City of South Bend, Indiana has been so designated as an Enterprise Zone, effective as of January 1, 1984; and WHEREAS, said designation terminates effective December 31, 2003; and WHEREAS the Urban Enterprise Association of South Bend, Inc., throughout its existence has been engaged in and has undertaken a number of programs and operations in and serving business and residents located within the Enterprise Zone (hereinafter the "Zone "), and continues to operate, supervise and conduct such programs and operations; and WHEREAS the Board of Directors of the Urban Enterprise Association of South Bend, Inc. (Hereinafter the Board) has expressed its continued commitment to its mission of increasing the number of jobs in the Zone by the retention and expansion of existing businesses and the attraction and development of new businesses and improving the quality of life of Zone residents; and WHEREAS, the Board by resolution dated October 16, 2003 approved a three year strategic plan proposing to guide its activities within the Zone and recommends to the Common Council of South Bend its submission to the State Enterprise Zone Board. NOW THEREFORE, BE IT RESOLVED by the Common Council of South Bend, Indiana that it: That the three year strategic plan, a true and complete copy of which is attached hereto and incorporated herein, dates as of October 16, 2003, shall be and hereby is approved.