Authorizing the Urban Enterprise Association of South Bend to Submit Application for Boundary Modification

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• RESOLUTION NO. Jggc- g7 RESOLUTION OF THE COMMON COUNCIL OF SOUTH BEND, INDIANA AUTHORIZING THE URBAN ENTERPRISE ASSOCIATION OF SOUTH BEND, INDIANA, INC. TO SUBMIT AN APPLICATION FOR AN ENTERPRISE ZONE BOUNDARY MODIFICATION TO THE INDIANA ENTERPRISE ZONE BOARD WHEREAS, the State of Indiana has enacted I.C. 4-4-6. 1, allowing certain areas within Indiana to be designated as "Enterprise Zone" areas and entitling property owners therein to certain benefits (as provided by law) , from time to time; 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, the Indiana Enterprise Zone Board has adopted a policy, dated October 14, 1986, stating, in part, that modification of an Enterprise Zone will not be considered without approval of such request by the Urban Enterprise Association, Mayor and City Council of the City within whose borders the Enterprise Zone is located; and WHEREAS, application has been made to modify this Enterprise Zone to include a parcel of real estate located at 1507 South Olive Street, South Bend, Indiana owned by Kusan, Inc. (Mastic Division) ; and WHEREAS, it is believed that inclusion of said 1507 South Olive Street location is an appropriate modification of the boundary of the Enterprise Zone located within South Bend, Indiana; and WHEREAS, the Urban Enterprise Association of South Bend, Indiana, Inc. has unanimously approved the request for this boundary modification at a public meeting held on February 18, 1987. NOW, THEREFORE, BE IT HEREBY RESOLVED by the Common Council of the City of South Bend, Indiana, as follows : Section I. That this Council hereby approves the request for modification of the Enterprise Zone located within the City of South Bend, Indiana, which modification would expand the existing Enterprise Zone to include the following real property: