No. 2383 contracting the boundaries of the West Washington-Chapin Development Area

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lC./ Z5 % ~_ ~) ~~~ RESOLUTION NO. 2383 • A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION CONTRACTING THE BOUNDARIES OF THE WEST WASHINGTON-CHAPIN DEVELOPMENT AREA, REDUCING THE ALLOCATION AREA FOR PURPOSES OF TAX INCREMENT FINANCING AND AMENDING THE DEVELOPMENT PLAN FOR THE WEST WASHINGTON-CHAPIN DEVELOPMENT AREA WHEREAS, the South Bend Redevelopment Commission (the "Commission"), the governing body of the City of South Bend Department of Redevelopment (the "Department"), on October 23, 1987, adopted Resolution No. 818 declaring the West Washington-Chapin Development Area in the City of South Bend, Indiana (the "City") to be an area needing redevelopment within the meaning of the Redevelopment of Cities and Towns Act of 1953, as amended, which is codified at, Indiana Code § 36-7-14-1 et seq (the ~"Act"); and WHEREAS, Resolution No. 818 and the West Washington-Chapin Development Area Development Plan (the "Development Plan") adopted by Resolution No. 818 on October 23, 1987 were confirmed by Resolution No. 824 adopted on December 11, 1987; and WHEREAS, Resolution No. 818 was amended by Resolution No. 908, adopted on February 23, 1990, which expanded the West Washington-Chapin Development Area by adding Expansion Area No. 1; and . WHEREAS, Resolution No. 818 was further amended by Resolution No. 1669 adopted on February 19, 1999, which expanded the West Washington-Chapin Development Area by adding Expansion Area No. 2; and WHEREAS, Resolution No. 818 was further amended by Resolution No. 2000 adopted on October 3, 2003, which reduced the West Washington-Chapin Development Area by removing Reduction Area No. 1; and WHEREAS, the Commission adopted Resolutions No.2348 a~ ~~' ~ ion June 19, 2003 and July ~, 2007, respectively, expanding the Airport Economic Development Area to include the area commonly referred to as the MaryCrest/Hurwich Area and more particularly described at Exhibit A and therefore effectively amending Resolution No. 818 to remove said area from the West Washington-Chapin Development Area, which removed area shall be referred to here in as Reduction Area No. 2; and WHEREAS, in accordance with the Act, the Commission desires to further amend Resolution No. 818 by contracting the West Washington-Chapin Development Area to remove an area near the South Bend Central Development Area, which area is more particularly described at Exhibit B and shall be referred to herein as Reduction Area No. 3, all in an effort to facilitate and enhance the replanning and redevelopment of the West Washington-Chapin Development Area and the South Bend Central Development Area; and