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RESOLUTION NO. I (A lA % <br />RESOLUTION OF THE CO1+1ON COUNCIL <br />OF SOUTH BEND, INDIANA AUTHORIZING <br />THE URBAN ENTERPRISE ASSOCIATION OF SOUTH BEND, INDIANA, INC. <br />TO SUBMIT AN APPLICATION FOR AN ENTERPRISE ZONE <br />BOUNDARY MODIFICATION TO THE INDIANA ENTERPRISE ZONE BOARD <br />WHEREAS, the State of Indiana has enacted I.C. 4- 4 -6.1, allowing certain <br />areas within Indiana to be designated as "Enterprise Zone" areas and entitling <br />property owners therein to certain benefits (as provided by law), from time to time; <br />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; and <br />WHEREAS, the Indiana Enterprise Zone Board has adopted a policy, dated <br />October 14, 1986, stating, in part, that modification of an Enterprise Zone will not <br />be considered without approval of such request by the Urban Enterprise Association, <br />Mayor and City Council of the City within whose borders the Enterprise Zone is <br />located; and <br />WHEREAS, application has been made to modify this Enterprise Zone to include <br />a parcel of real estate located at 701 West Chippewa, South Bend, Indiana owned by <br />LTV Corporation through its companies, Amland Corporation, Amland Properties Inc. and <br />Vought Properties, Inc.; and <br />WHEREAS, it is believed that inclusion of said 701 West Chippewa Street <br />location is an appropriate modification of the boundary of the Enterprise Zone <br />located within South Bend, Indiana; and <br />WHEREAS, the Urban Enterprise Association of South Bend, Indiana, Inc. has <br />unanimously approved the request for this boundary modification at a public meeting <br />held on June 1, 1988. <br />NOW, THEREFORE, BE IT HEREBY RESOLVED by the Common Council of the City of <br />South Bend, Indiana, as follows: <br />Section I. That this Council hereby approves the request for modification <br />of the Enterprise Zone located within the City of South Bend, Indiana, which <br />modification would expand the existing Enterprise Zone to include the following real <br />