Resolution No. 3644 (City of South Bend ED Area Lincoln & Kennedy Park) - Signed

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RESOLUTION NO. 3644 RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION APPROVING AMENDMENTS TO THE DECLARATORY RESOLUTION AND THE DEVELOPMENT PLAN FOR THE RIVER WEST DEVELOPMENT AREA FOR THE PURPOSE OF ESTABLISHING A RESIDENTIAL HOUSING DEVELOPMENT PROGRAM AND RELATED MATTERS WHEREAS, the South Bend Redevelopment Commission (the “Commission”), the governing body of the City of South Bend, Indiana, Department of Redevelopment (the “Department”) and the Redevelopment District of the City of South Bend, Indiana (the “District”), exists and operates under the provisions of the Redevelopment of Cities and Towns Act of 1953 which has been codified in Indiana Code 36-7-14, as amended from time to time (the “Act”); and WHEREAS, the Commission has heretofore adopted a declaratory resolution (as subsequently confirmed and amended from time to time, the “Declaratory Resolution”) designating an area known as the River West Development Area (the “Area”) as an economic development area pursuant to the Act, designating portions of the Area as allocation areas pursuant to Section 39 of the Act (collectively, the “Allocation Area”), and approving and subsequently amending from time to time a development plan for the Area (collectively, the “Original Plan”); and WHEREAS, pursuant to Section 53 of the Act, the Commission desires to establish a residential housing development program to provide for the construction of new residential housing or the renovation of existing residential housing in certain portions of the Area and additional territory to be included in the Area as described herein and as such desires to (i) include certain additional territory (the “Lincoln and Kennedy Park Residential Program Expansion Area”) in the Area which is described at Exhibit A attached hereto and incorporated herein and (ii)designate the Lincoln and Kennedy Park Residential Program Expansion Area, together with a redesignated portion of the existing Allocation Area which is described at Exhibit B attached hereto and incorporated herein (the “Redesignated Area” and together with with the Lincoln and Kennedy Park Residential Program Expansion Area, the “Lincoln and Kennedy Park Residential Housing Development Program Area”); and WHEREAS, the Commission has thoroughly studied the Lincoln and Kennedy Park Residential Housing Development Program Area and, pursuant to Sections 15 through 17.5 of the Act, the Commission seeks to amend the Declaratory Resolution and the Original Plan by (i) redesignating an existing portion of, and amending the boundaries of, the Area to include the Lincoln and Kennedy Park Residential Housing Development Program Area, (ii) designating the Lincoln and Kennedy Park Residential Housing Development Program Area as an allocation area