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HomeMy WebLinkAboutNo. 0694 ratifying/confirming Res. No. 690, redeclaring Central Downtown Urban Renewal Area to be blighted, expanding boundaries of area, establishing allocation area for purposes of TIF, reapproving the urban renewal plan and all amendments thereto+ d �(o r a 8400910 RESOLUTION NO. 694 RESOLUTION OF THE CITY OF SOUTH BEND -n REDEVELOPMENT COMMISSION RATIFYING AND CONFIRMING RESOLUTION NO. 690 REDECLARING THE = :r CENTRAL DOWNTOWN URBAN RENEWAL AREA TO BE�'�' BLIGHTED, EXPANDING THE BOUNDARIES OF THE AREA, ESTABLISHING AN ALLOCATION AREA FOR PURPOSES 40 TAX INCREMENTAL FINANCING AND REAPPROVING THE URBAN RENEWAL PLAN AND ALL AMENDMENTS THERETO. IC ae I �c C30 z �r A= � z a mC2C, 1 r¢. WHEREAS, the City of South Bend Redevelopment Commission ( "Commission ") has, pursuant to the Redevelopment of Cities and Towns Act of 1953, as amended, conducted surveys and investigations and has thoroughly studied that area in the City of South Bend, County of St. Joseph, State of Indiana, designated as the Central Downtown Urban Renewal Area which is more particulary described by a line drawn as follows: Beginning at a point formed by the intersection of the north right -of -way line of LaSalle Avenue and the west right -of -way line of Main Street; thence south along the west right -of -way line of Main Street to the north right -of -way line of Washington Street; thence west along the north right -of -way line of Washington Street to the west right -of -way line of Lafayette Boulevard; thence south along the west right -of -way line of Lafayette Boulevard to the south right -of -way line of Jefferson Boulevard; thence east along the south right -of -way line of Jefferson Boulevard to the west right -of -way line of Main Street; thence south along the west right -of -way line of Main Street to the south right -of -way line of Monroe Street; thence east along the south right -of -way line of Monroe Street to the west right -of -way line of Fellows Street; thence south along the west right -of -way line of Fellows Street to the south right -of -way line of Monroe Street; thence east along the south right -of -way line of Monroe Street and proceeding in a northeasterly direction along said right -of -way line to the center of the St. Joseph River; thence proceeding in a northwesterly direction along the center of the St. Joseph River to the north right -of -way line of LaSalle Avenue; thence west along the north right -of -way line of LaSalle Avenue to the west right -of -way line of Main Street which is the point of beginning. WHEREAS, said Resolution No. 215 has been modified from time to time by similar resolutions with respect to estimated acquisition costs and provisions of an urban renewal plan, which resolutions have been confirmed by the Commission as required by the Act, to wit: Resolution No. 233 adopted October 10, 1968; Resolution No. 456 adopted July 16, 1973; Resolution No. 460 adopted August 3, 1973; Resolution No. 522 adopted May 7, 1976; Resolution No. 524 adopted June 4, 1976; Resolution No. 540 adopted August 12, 1977; Resolution No. 542 adopted October 21, 1977; Resolution No. 550 adopted April 7, 1978; Resolution No. 553 adopted June 2, 1978; Resolution No. 615 adopted June 6, 1980; Resolution No. 620 adopted July 25, 1980; Resolution No. 621 adopted August 8, 1980; Resolution No. 629 adopted November 21, 1980; Resolution No. 668 adopted November 19, 1982; and Resolution No. 669 adopted January 28, 1983; which resolutions are hereinafter collectively referred to as "Declaratory Resolution ", and which Urban Renewal Plan, as amended, is hereinafter referred to as the "Urban Renewal Plan "; and 8400910 WHEREAS, upon such surveys, investigations and studies being made, it has been found by the Commission that the above described area has become blighted to an extent that such blighted conditions cannot be corrected by regulatory process, or by the ordinary operations of private enterprise without resort to the provisions of the Redevelopment of Cities and Towns Act of 1953, as amended, and it has been further found that the public health and welfare would be benefitted by the acquisition and redevelopment of such area under the provisions of such Act; and WHEREAS, the Commission has caused to be prepared maps and plans showing the boundaries of such blighted area, the location of the various parcels of properties, streets and alleys and other features affecting the acquisition, clearance, replanning and redevelopment of such area, and indicating the parcels under the redevelopment plan, and it has been found that certain land use provisions should be established relating to the property proposed to be added to the Area; and WHEREAS, in connection with an application of the City of South Bend Department of Redevelopment to the Secretary of the Department of Housing and Urban Development for financial assistance under Title I of the Housing Act of 1949, as amended, the approval by the Governing Body of the City of South Bend Department of Redevelopment of an Urban Renewal Plan for the project area involved in such application is required by the Federal Government before it will enter into a contract for loan or grant with the City of South Bend Department of Redevelopment under Title I; and WHEREAS, the rules and regulations prescribed by the Federal Government pursuant to Title I require that the conditions under which the City of South Bend Department of Redevelopment will make Relocation Payments in connection with the Urban Renewal Project contemplated by the application be officially approved by the Governing Body of the City of South Bend Department of Redevelopment; and WHEREAS, the Commission desires to amend the Declaratory Resolution by adding property to and amending the legal description of the area; and WHEREAS, Section 39 of the Act has been created and amended to permit the creation of "allocation areas" within a blighted area to provide for the allocation and distribution, as provided in the Act, of the proceeds of taxes levied on property situated in an allocation area; and WHEREAS, the Commission deems it advisable to apply the provisions of said Section 39 to the financing of the Urban Renewal Plan; and WHEREAS, the Commission previously adopted Resolution No. 615 on June 6, 1980 establishing "Central Downtown Urban Renewal Allocation Area No. 1" ( "Allocation Area No. 1 ") and now wants to expand the boundaries of Allocation Area No. 1; and WHEREAS, the Commission has found that certain changes need to be made to fulfill the purpose of the Design Review Committee; NOW, THEREFORE, BE IT RESOLVED by the City of South Bend Redevelopment Commission that it will be of public utility and benefit to proceed with the plan of redevelopment as set forth in Resolution No. 690 passed by said Commission on October 14, 1983, referred to in the WHEREAS clauses above, and that said Resolution No. 690 is hereby approved, ratified, and confirmed without change. . 8400910 Adopted at a meeting of the South Bend Redevelopment Commission held on January 13, 1984 at the Office of the Commission, 1200 County -City Building, 227 West Jefferson Boulevard, South Bend, s Indiana. CITY OF SOUTH BEND, INDIANA REDEVELOPMENT COMMISSION C cretary 849 ®914 FINDING OF FACTS CENTRAL DOWNTOWN URBAN RENEWAL AREA January 13, 1984 The South Bend Redevelopment Commission has conducted a study of the Central Downtown Urban Renewal Area ( "Area "). Based upon that study and following the other procedures required by I.C. 36 -7 -14 (the "Act ") including public hearing, the Redevelopment Commission hereby finds that the Area has become blighted to such an extent that such conditions cannot be corrected by the regulatory process or by ordinary operations of private enterpise without resort to the provisions of the Act and that the public health and welfare will be benefitted by the acquisition and redevelopment of the Area under the provisions of the Act. This finding is based on the following information: 1. The area to be added to the Central Downtown Urban Renewal Area contains one building. That building has a total of 107,294 square feet, which includes 36,016 square feet of parking space. There is 71,278 square feet of leaseable space of which only 3,525 square feet is leased. This represents 4.9% of space occupied at this time and 95.1% vacant. 2. Over the years the building has deteriorated and is in need of major interior and exterior restoration. 3. The above conditions add to and thus serve to intensify the blighted conditions of the balance of the Central Downtown Urban Renewal Area, and blighted conditions continue to be present in significant amount in the Area as a whole. The South Bend Redevelopment Commission finds that it will be of public benefit to the public health and welfare to redevelop the Central Downtown Urban Renewal Area and to extend the public benefit available through the provisions of the Act to this additional area as part of the Central Downtown Urban Renewal Area.