Designating the Stuedbaker Corridor Development Areato be Blighted for Purposes of Compliance with Tax Reform Act 1986

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RESOLUTION A RESOLUTION OF THE SOUTH BEND COMMON COUNCIL DESIGNATING THE STUDEBAKER CORRIDOR DEVELOPMENT AREA TO BE BLIGHTED FOR PURPOSES OF COMPLIANCE WITH THE TAX REFORM ACT OF 1986, APPROVING THE ORDER OF THE AREA PLAN COMMISSION OF ST. JOSEPH COUNTY WITH REGARD TO THE DEVELOPMENT PLAN FOR THE STUDEBAKER CORRIDOR DEVELOPMENT AREA. WHEREAS, the South Bend Redevelopment Commission (Commission) , pursuant to Indiana Code 36-7-14-1 et seq. , (Act) , has conducted : additional surveys and investigations and has thoroughly studied the area in the City of South Bend (City) , St. Joseph County, Indiana, designated by the Commission as the Studebaker Corridor Development . Area (Area) , which area is more particularly described as follows: A parcel of land being a part of the City of South Bend, Portage Township, St. Joseph County, Indiana, and being more particularly described as follows: Beginning at the intersection of the centerline of Prairie Ave. and the northerly right-of-way line of the New York Central Railroad; thence, southeasterly along said line to the southeast corner of Lot #20 in the recorded plat of "Martin & Tutt' s Addition to the City of South Bend"; as recorded in the records of said county; thence, southeasterly to the southwest corner of Lot #12 in said plat; thence, east along the line between Lots 12 & 13 in said plat to the centerline of a north-south alley lying between Main and Michigan Streets; thence, south along said centerline to the centerline of the first alley north of Tutt Street; thence, east along said line 35.00 ft. to the centerline of the first alley west of Michigan Street; thence, south to the centerline of Sample Street; thence, west along said centerline to the alley lying between Michigan and Main Streets; thence, south along said line to the centerline of Indiana Street; thence, west along said line to the centerline of Franklin Street; thence, north along said line to the centerline of the South Bend & St. Joseph Railroad; thence, west along said line to the centerline of Kendall Street; thence, north along said line to the centerline of Cotter Street; thence, west along said line to the centerline of Prairie Ave. ; thence northeasterly along said line to the centerline of Chapin Street as shown on the recorded plat of "Inter Belt Industrial. Park" as recorded in Book 21 of plats on Page 1 in the . records of said county; thence, north along said line to the centerline of Prairie Ave. as shown on said plat; thence, east along said line 363.11 ft. to a point of curvature; thence around a 286.48 ft. radius curve to the left an arc distance of 302.26 ft. to a point of tangent; thence, northeasterly along said centerline to the point of beginning. WHEREAS, upon such additional surveys, investigations and studies being made, the Commission found and determined in its Resolution No. 801 that the area remains blighted to an extent that cannot be corrected by regulatory processes or by the ordinary operations of private enterprise without resort to the provisions of the Act and that the public health and welfare would be benefitted by continued acquisition and redevelopment of the Area under the provisions of the Act; and 1