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REGULAR MEETING DECEMBER 17, 1979 <br />REGULAR MEETING RECONVENED (CONTINUED <br />Commencing at the intersection of the South line of Section 12, Township 37 North,. Range 2 <br />East and the Easterly right -of =way of Lincolnway East (as established.prior to.widening and <br />construction of the Cooper Bridge approaches); thence North 33022' West along said former <br />right -of -way line 31.5 feet to the Northerly right -of -way line of Sample Street extended <br />Westerly; thence North 560 38" East along said extended right -of -way line 28.5 feet to the <br />Point of Beginning. Thence North 890 48137" West, 18.00 feet; thence North 33 °22'03" West, <br />39.55 feet; thence North 22 °03'57" East, 31.95 feet; thence North 23 003134" West, 83.35 feet; <br />thence North 16 003'55" West 45.04 feet; thence North 11 °52138" West, 62.33 feet; thence North <br />56 037157" East (passing through an iron pipe set at 45.05 feet( 89 feet, more or less, to the <br />waters edge of the St. Joseph River; thence Southeasterly along said waters edge of the <br />St. Joseph River to the Northerly right of way of Sample Street; thence South 56 °37'57" West <br />(passing through an iron pipe set at 130.11 feet from the Point of Beginning) 144 feet, more <br />or less to the Point of Beginning. <br />4. That the designation of such portion of South Bend, Indiana, located at 1007 East Sample <br />Street, as an urban development area for purposes of I.C. §6 -1.1- 12.1 -1 through I.C. Ss 6 -1.1- <br />12.1-6, inclusive, will materially benefit the city and inhabitants of South Bend, Indiana, <br />by significantly encouraging the construction, reconstruction, improvement, and general develop - <br />ment of South Bend, Indiana, and the buildings and land situation therein. <br />5. That maps and plats showing the boundaries of the.area and the location of features affectinj <br />the redevelopment of the area have been prepared. <br />Now, therefore, on the basis of such findings, and after such investigation duly made by this <br />Common Council, BE IT HEREBY RESOLVED: <br />1. That the above - described portion of South Bend, Indiana is declared a blighted area con- <br />stituting a menace to the social and economic interest of the City of South Bend, Indiana and <br />itsinhabitants. <br />2. That it will be of public utility and benefit to encourage redevelopment of such portion <br />of South BEnd, Indiana, through the provisions of I.C. 96 -1.1- 12.1 -1 through I.C. s6 -1.1- 12.1 -6, <br />inclusive. <br />3. That such area is within the corporate limits of South Bend, Indiana and has become un- <br />desirable for or impossible of normal development and occupancy because of lack of development, <br />cessation of growth, deterioration of improvements or character of occupancy, age, obsolescence, <br />• substandard building on the property, and other factors which have impaired values and prevent <br />• normal development of the property or property use. <br />4. That such portion of South Bend, Indiana, so described is hereby declared and found to be <br />an urban development area for purposes of I.C. §6 -1.1- 12.1 -1 through I.C. s6 -1.1- 12.1 -6, in- <br />clusive, which portion of South Bend, Indiana, located at 1007 East Sample Street, is located <br />within the following general boundaries: <br />Situate in St. Joseph County, in the State of Indiana: <br />A part of the Southeast Quarter of Section 12, Township 37 North, Range 2 East, and being a <br />part of Lot 1 in Petermans Addition to the City of South Bend, Indiana, as surveyed by M. Stokes <br />and recorded in Plat Book No. 1, page 71, and more particularly described as follows: <br />Commencing at the intersection of the South line of Section 12, Township 37 North, Range 2 <br />East and the Easterly right -of -way of Lincolnway East (as established prior to the widening <br />and construction of the Cooper Bridge approaches); thence North 33022' West along said former <br />right -of -way line 31.5 feet to the Northerly right -of -way line of Sample Street extended <br />Westerly; thence North 56 038' East along said extended right -of -way line 28.5 feet to the Point <br />of Beginning. Thence North 89 048137" West, 18.00 feet; thence North 33 022103" West, 39.55 feet; <br />thence North 22 003127" West 50.99 feet; thence North 57 037157" East, 31.95 feet; thence North <br />23 003134" West, 83.35 feet; thence North 16 003155" West 4.5.04 feet; thence North 11 052'38" <br />West, 62.33 feet; thence North 56 037157" East, (passing through an-iron pipe set at 47.05.-feet) <br />89 feet,: more or less, to the waters edge of the St. Joseph River; thence Southeasterly along <br />said waters edge of the St. Joseph River to the Northerly right -of -way of Sample Street; thence <br />South 56037157" West (passing through an iron pipe set at 130.11 feet from the Point of Begin- <br />ning) 144 feet, more or less to the Point of Beginning. <br />/s/ Roger O. Parent <br />Member, South Bend Common Council <br />A public hearing was held on the resolution at this time. Mr-Richard Morgan, attorney re- <br />presenting R &C Realty filed six exhibits with the City Clerk, including photographs which <br />show the site in its present condition. He said they felt this was sufficient evidence to <br />show this was an urban development area. Council Member Szymkowiak made a motion to adopt <br />this bill, seconded by Council Member Miller. The resolution was adopted by a roll call vote <br />of nine ayes. <br />RESOLUTION NO. 742 -79 AN INDUCEMENT RESOLUTION OF THE SOUTH BEND COMMON COUNCIL <br />RELATING TO THE ISSUANCE OF ECONOMIC DEVELOPMENT REVENUE <br />BONDS TO THE RAITT CORPORATION IN ORDER TO CONSTRUCT AN <br />AIR FREIGHT TERMINAL AT THE MICHIANA REGIONAL AIRPORT. <br />WHEREAS, The South Bend Economic Development Commission investigaged, studied, surveyed <br />and reported to the Mayor and the Common Council of the City of South Bend, Indiana, that a <br />needed exists in the community for additional job opportunities and commercial diversification <br />within the City of South Bend, Indiana; and to improve and 'promote job opportunities and com- <br />mercial diversification within the City of South Bend, Indiana, a financing agreement should <br />be effected with Raitt Corporation; and <br />WHEREAS, Raitt Corporation desires to construct a building for commercial use on real <br />estate located at the Michigana Regional Airport at South BEnd, Indiana; and <br />