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EXHIBIT B <br />• FINDINGS OF FACT <br />All findings in the original Declaratory Resolution No. 2016, adopted by the South Bend <br />Redevelopment Commission, on November 17, 2003, as amended (the "Declaratory <br />Resolution"), shall remain, unless otherwise found to be inconsistent with the findings as <br />provided herein. In accordance with IC 36-7-14 et. sew. (the "Act"), the following additional <br />findings are hereby made, which relate to the Amendment to the Northeast Neighborhood <br />Development Area Development Plan (the "Plan Amendment") creating the Northeast <br />Neighborhood Development Area Housing Program (the "Housing Program") and the Northeast <br />Neighborhood Development Area, Allocation Area #2 ("Allocation Area No. 2"), within the <br />Northeast Neighborhood Development Area (the "Area"), pursuant to Resolution No. 2344, <br />adopted by the Commission of the City on June 19, 2007 (the "Resolution"): <br />1. The Resolution and the Area Development Plan (the "Development Plan"), with <br />the proposed Plan Amendment, conform to the comprehensive plan of the City <br />including other development and redevelopment plans for the City, and the Plan <br />Amendment is reasonable and appropriate when considered in relation to the <br />Declaratory Resolution, the Development Plan and purposes of the Act. <br />2. Not more than twenty-five (25) acres of the area included in Allocation Area No. <br />2 has been annexed during the preceding five (5) years. A total of approximately <br />11 acres of the total 58 acre area in Allocation Area No. 2 has been annexed into <br />the City in the past five (S) years. <br />3. No area within Allocation Area No. 2 has been annexed within the preceding five <br />(5) years over a remonstrance of a majority of the owners of land within the <br />annexed area. <br />4. The Plan Amendment and Housing Program cannot be accomplished by <br />regulatory processes or by the ordinary operation of private enterprise because of: <br />(A) the lack of public improvements; While the area, in which the <br />Housing Program will be located, is served by public roadways <br />and utilities, the general conditions of the infrastructure are not at <br />a general level considered as acceptable within the City. <br />(B) the existence of improvements or conditions that lower the value of <br />the land below that of nearby land; or There are a variety of <br />blighting factors within and adjacent to this area, in which the <br />Housing Program will be located, that have and are still causing <br />the decline of this redevelopment area. <br />(C) other similar conditions. In addition to the variety of physically <br />blighting factors in this area, in which the Housing Program will <br />be located, the area is replete with a variety of similar blighting <br />social and economic factors that continue to decline this area. <br />B-1 <br />BDDBOI 4803756v2 <br />