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

Home Browse Search

WHEREAS, Section 39 of the Act permits the creation of an allocation area within a blighted area to provide for the allocation and distribution, as provided in the Act, of the proceeds of i taxes levied on property situated in the allocation area; and WHEREAS, the Commission in accordance with the Act, has previously established the West Washington-Chapin Allocation Area; and WHEREAS, the Commission, in accordance with the Act, has previously expanded the boundaries of the West Washington-Chapin Allocation Area to include Expansion Area No. 1 by the adoption of Resolution No. 908, adopted on February 23, 1990, and Expansion Area No. 2 by the adoption of Resolution No. 1669, adopted on February 19, 1999; and WHEREAS, the Commission, in accordance with the Act, has previously contracted the boundaries of the West Washington-Chapin Allocation Area to exclude Reduction Area NO. 1 by the adoption of Resolution No. 2000, adopted on October 3, 2003; and WHEREAS, the West Washington-Chapin Allocation Area as expanded and contracted has been designated the West Washington-Chapin Allocation Area No. lA; and WHEREAS, the West Washington-Chapin Allocation Area No. lA includes the area heretofore referenced as Reduction Areas No. 2 and 3; and WHEREAS, the Commission now desires to modify the boundaries of the West Washington-Chapin Allocation Area No. lA to exclude that areas heretofore referenced as Reduction Area No. 2 and Reduction Area No. 3 so that the boundaries of the allocation area as modified are coterminous with the boundaries of the West Washington-Chapin Development Area; and WHEREAS, the allocation area, as modified herein, shall be hereinafter referenced as the West Washington-Chapin Allocation Area No. lA; and WHEREAS, Section 17.5 of the Act provides for the means for amending a resolution or plan in a way that enlarges the boundaries of a redevelopment area by not more than twenty percent (20%) of the original redevelopment area or adds one (1) or more parcels to the list of parcels of property to be acquired; and WHEREAS, Section 17.5 of the Act provides for a public hearing to be held by the Commission, at which public hearing all persons interested in the proceedings and who have timely filed written remonstrances maybe heard; and WHEREAS, the Commission has complied with the notice provisions of Section 17.5 of the Act; and WHEREAS, at the hearing held by the Commission on the 19th day of October, 2007, at t