No. 2348 designating boundary changes to AEDA to add SEDA, LaSalle Square and Marycrest/Hurwich

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r_ Resolution No. 2019 on December 19, 2003; Expansion Area No. 19 by the adoption of Resolution No. 2090 on October 22, 2004; Expansion Area No. 20 by the adoption of Resolution No. 2144 on March 4, 2005; Expansion Area No. 21 by the adoption of Resolution No. 2254 on August 25, 2006; and Expansion Area No. 22 by the adoption of Resolution No. 2279 on December 15, 2006; and WHEREAS, the Commission now desires to consolidate the Sample-Ewing Area and the Sample-Ewing Allocation Area with and into the Airport Area and Allocation Area No. 1, respectively to form a consolidated area and a consolidated allocation area (the "Consolidated Area"); and WHEREAS, to accomplish this consolidation, the Commission desires to amend the boundaries of the Airport Area to include the Sample-Ewing Area; and WHEREAS, the Commission also desires to add certain parcels to the Airport Area, such parcels being commonly referred to as the LaSalle Square Area (the "LaSalle Square Area") and the Marycrest/Harwich Area (the "Marycrest/Harwich Area" and with the LaSalle Square Area, the "Ne~~~ Areas"), as arc more particularly described in Exhibit C; and WHEREAS, to accomplish this enlargement of the Airport Area, the Commission desires to amend the boundaries of the Airport Area to include the New Areas. which shall be labeled "Expansion Area No. 23" and "Expansion Area No. 24" for the LaSalle Square Area and the Marycrest/Harwich Area, respectively; and WHEREAS, the Commission previously adopted an economic development plan for the Airport Area (the "Airport Area Development Plan"), and the Commission desires to amend such plan to provide for the consolidation of the Sample-Ewing Area into the Airport Area and to expand the Airport Area by including the New Areas as set forth in Exhibit D (the "Plan Amendment"); and WHEREAS, the Department, pursuant to the Act, has conducted surveys and investigations and has thoroughly studied the Sample-Ewing Area, the New Areas and the Airport Area within the City of South Bend, Indiana (the "City"); and WHEREAS, upon such surveys, investigations and studies being made, the Commission finds that the Plan Amendment, which Plan Amendment is attached hereto and is hereinafter adopted in this Resolution, cannot be achieved by regulatory processes or by the ordinary operations of private enterprise without resort to the powers allowed under the Act because of lack of local public improvements and multiple ownership of land and that the public health and welfare will be benefited by the accomplishment of the Plan Amendment, which shall include the Sample-Ewing Area and the New Areas in the Airport Area; and WHEREAS, the Commission has caused to be prepared maps and plats of the Airport Area, the Sample-Ewing Area and the New Areas, said maps and plats of the Airport • BDDB01 47%224v4 - 2 -