No. 2458 designating and declaring an amendment to the Redevelopment Plan for the South Bend Central Development Area (East Bank Village Master Plan)

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-l 1 • RESOLUTION NO. 2458 REGORDEU AS PRESENTED ON 06/23/2008 04:06:12PM TERRI J. RETHLAKE ST. JOSEPH COUNTY RECORDER REG FEE: 5103.00 PAGES: 46 RESOLUTION OF THE SOUTH BEND REDEVELOPMENT ~~~ ~~' `~C~~ COMMISSION DESIGNATING AND DECLARING AN AMENDMENT TO THE REDEVELOPMENT PLAN FOR THE SOUTH BEND CENTRAL DEVELOPMENT AREA WHEREAS, the South Bend Redevelopment Commission (the "Commission"), governing body of the City of South Bend, Indiana, Department of Redevelopment (the "Department") and the Redevelopment District of the City of South Bend, Indiana (the "Redevelopment District"), exists and operates under the provisions of the Redevelopment of Cities and Towns Act of 1953 which has been codified in IC 36-7-14 et se ., as amended from time to time (the "Act"); and WHEREAS, the Commission has previously designated and declared an area in the City of South Bend, Indiana (the "City") known as the South Bend Central Development Area to be a blighted area within the meaning of the Act and an allocation area (the "Original Area") for purposes of tax increment financing, adopted a Redevelopment Plan, as previously amended (the "Original Redevelopment Plan"), and established an allocation fund for said Area all pursuant to Resolution No. 137 adopted by the Commission on May 10, 1985 (the "Declaratory Resolution"); and WHEREAS, pursuant to Section 16(a) of the Act, the Declaratory Resolution was approved by a resolution of the St. Joseph County Area Plan Commission (the "Plan Commission"), constituting its written order approving the Declaratory Resolution and the Original Redevelopment Plan (the "Plan Commission Order"); and WHEREAS, pursuant to Section 16(b) of the Act, the Common Council of the City adopted its resolution which approved of the Plan Commission Order; and WHEREAS, after notice and a public hearing thereon, the Declaratory Resolution was subsequently confirmed by the Commission; and WHEREAS, the Declaratory Resolution has subsequently been amended by the C, Commission; and WHEREAS, the Commission desires to amend the Original Redevelopment Plan by adopting a Master Plan for the East Bank located in the Area (the "Amendment"), which Amendment does not increase the size of the existing Area; and WHEREAS, the Commission has caused to be prepared maps and plats of the Area for purposes of the Amendment, said maps and plats of the Area showing the boundaries of the Area, the location of the various parcels of property, streets and alleys, and other features affecting the acquisition, clearance, remediation, replatting, replanning, rezoning or BDDBOI 5265708v1