HomeMy WebLinkAboutNo. 0835 authorizing reimbursement to the City of South Bend for expenditures made within the Studebaker Corridor Development AreaRESOLUTION NO. 835
A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT
COMMISSION AUTHORIZING REIMBURSEMENT TO THE
CITY OF SOUTH BEND FOR EXPENDITURES MADE
WITHIN THE STUDEBAKER CORRIDOR DEVELOPMENT AREA
WHEREAS, the South Bend Redevelopment Commission
(Commission), by Resolution No. 762 on January 10, 1986, confirmed
by Resolution No. 764 on February 14, 1986, declared the following
area to be a blighted area, pursuant to IC 36- 7 -14 -1, et seq. (the
Act):
A parcel of land being a part of the City of
South Bend, Portage Township, St. Joseph County,
Indiana, and being more particularly described
as follows:
Beginning at the intersection of the centerline
of Prairie Ave. and the northerly right -of -way
line of the New York Central Railroad; thence,
southeasterly along said line to the southeast
corner of Lot #20 in the recorded plat of
to, "Martin & Tutt's Addition to the City of South
Bend "; as recorded in the records of said
county; thence, southeasterly to the southwest
corner of Lot #12 in said plat; thence, east
along the line between Lots 12 & 13 in said plat
to the centerline of a north -south alley lying
between Main and Michigan Streets; thence, south
along said centerline to the centerline of the
first alley north of Tutt Street; thence, east
along said line 35.00 ft. to the centerline of
the first alley west of Michigan Street; thence,
south to the centerline of Sample Street;
thence, west along said centerline to the alley
lying between Michigan and Main Streets; thence,
south along said line to the centerline of
Indiana Street; thence, west along said line to
the centerline of Franklin Street; thence, north
along said line to the centerline of the South
Bend & St. Joseph Railroad; thence, west along
said line to the centerline of Kendall Street;
thence, north along said line to the centerline
of Cotter Street; thence, west along said line
to the centerline of Prairie Ave.; thence
northeasterly along said line to the centerline
of Chapin Street as shown on the recorded plat
of "Inter Belt Industrial Park" as recorded in
Book 21 of plats on Page 1 in the records of
said county; thence, north along said line to
the centerline of Prairie Ave. as shown on said
.V
plat; thence, east along
a point of curvature; th
radius curve to the left
302.26 ft. to a point of
northeasterly along said
of beginning.
said line 363.11 ft. to
ance around a 286.48 ft.
an arc distance of
tangent; thence,
centerline to the point
WHEREAS, the Commission, in Resolution No. 762 created and
designated the Studebaker Corridor Allocation Area (South Bend
Allocation Area No. 6) (the Allocation Area), the boundaries for
which are identical with the boundaries of the Studebaker Corridor
Development Area described in the first whereas clause above; and
WHEREAS, in Resolution No. 762, the Commission directed
that the proceeds of taxes be distributed to the Department
pursuant to the allocation provisions of the Resolution,
particularly paragraph 10(b), and be deposited in a special fund
designated as Studebaker Corridor Allocation Area (South Bend
Allocation Area No. 6) Special Fund (Special Fund), proceeds from
which may be used, among other purposes, "to reimburse the City for
expenditures made by it for public improvements in South Bend
Allocation Area No. 6;" and
WHEREAS, the City of South Bend has made expenditures for
public improvements, as defined by IC 36- 7- 14- 39(b)(2)G, within the
Allocation Area and should be reimbursed from the Special Fund for
those expenditures.
NOW THEREFORE, BE IT RESOLVED BY THE SOUTH BEND
REDEVELOPMENT COMMISSION, as follows:
1. The Commission finds that the City of South Bend has
expended the following amounts from the Community Development Fund
(Fund 212) of the City for the following purposes in the Allocation
Area:
CHECK
CHECK # VENDOR ACTIVITY DATE AMOUNT
1109 UNIV. OF MICH. STUDEBAKER CORRIDOR 7/3/87 $11,032.38
13528 UNIV. OF MICH. STUDEBAKER CORRIDOR 9/4/87 15,371.42
2223 UNIV. OF MICH. STUDEBAKER CORRIDOR 10/8/87 9.519.20
TOTAL $35.923.00
2. The Commission authorizes and appropriates Ten
Thousand Two Hundred Thirty -Three Dollars ($10,233.00) from the
Special Fund to reimburse the City of South Bend for expenditures
made within the Allocation Area described in paragraph one hereof.
Adopted at a regular meeting of the South Bend
Redevelopment Commission held on March 25, 1988, at the office of
the Commission, 1200 County -City Bldg , 227 W. Jefferson Blvd., )
South Bend, IN 46601.
BY:
ATTEST: ,
ROMAN PIASECKI, Secretary
L41
N
F. JAY NIMTZ, President