HomeMy WebLinkAbout2025-R-7 Resolution Approving the Order of the Plan Commission & the Declaratory Resolution of Redevelopment RESOLUTION NO. cQOa c- A'-7
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF
JEFFERSONVILLE APPROVING THE ORDER OF THE PLAN COMMISSION AND
THE DECLARATORY RESOLUTION OF THE CITY OF JEFFERSONVILLE
REDEVELOPMENT COMMISSION
WHEREAS, on the 23th day of April, 2025, the City of Jeffersonville Redevelopment
Commission (the "Commission"), adopted a Declaratory Resolution (the "Declaratory
Resolution"),a copy of which is attached hereto as Exhibit A and incorporated by reference herein,
to create: (i) Eastlawn Residential Economic Development Area ("Eastlawn EDA"); (ii) the
Eastlawn Residential Allocation Area ("Eastlawn Allocation Area"); and (iii) the Eastlawn
Housing Program ("Program"); all pursuant to and in accordance with the provisions of Indiana
Code 36-7-14 and all acts supplemental and amendatory thereto (collectively,the"Act").
WHEREAS, the Declaratory Resolution approved a residential housing development
program (the "Program"), a copy of which is attached hereto as Exhibit B and incorporated by
reference herein for the Eastlawn EDA, which Program contains specific recommendations for
economic development in the Eastlawn EDA;
WHEREAS, the Declaratory Resolution created the Eastlawn Allocation Area as a
residential allocation area for the purpose of capturing real property taxes generated from the
incremental assessed value of real property located in the Eastlawn Allocation Area in accordance
with Section 56 of the Act;
WHEREAS, the Eastlawn Allocation Area shall have a base assessment date of January
1, 2025;
WHEREAS, the Commission submitted the Declaratory Resolution and supporting data
to the Plan Commission of the City of Jeffersonville, Indiana (the "City") for approval in
accordance with the Act,and the Plan Commission adopted its Order on April 29,2025 (the"Plan
Commission Order") approving,ratifying, and confirming the Declaratory Resolution; and
WHEREAS, the Act requires the approval of the action of the Plan Commission by the
Common Council of the City of Jeffersonville("Common Council").
NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF OF
THE CITY OF JEFFERSONVILLE THAT:
SECTION 1. The findings by the Commission incorporated in the Declaratory
Resolution and approved by the Plan Commission Order are hereby
incorporated herein in their entirety.
SECTION 2. The findings by the Plan Commission determining that the Declaratory
Resolution and the Program conform to the comprehensive plan of
development for the City are in all respects approved by the Common
Council.
SECTION 3. The Declaratory Resolution,the Program,and the Plan Commission Order
are in all respects approved, ratified, and confirmed without amendment
or modification. The Common Council authorizes the Commission to
make any additional modifications as may be necessary in connection with
the public hearing and adoption of the Confirmatory Resolution.
SECTION 4. The determination that the Eastlawn Allocation Area is a residential
allocation area under the Act is hereby approved.
SECTION 5. The City Clerk is hereby directed to file a copy of the Declaratory
Resolution and the Plan Commission Order with the permanent minutes
of this meeting.
SECTION 6. This Resolution shall be in full force and effect from and after its passage
by the Common Council and approval by the Mayor.
[Signature Page to Follow]
Common Council of the City of Jeffersonville, Indiana
VOTED FOR: VOTED AGAINST:
///f/A' Pe1/1--
Evan Stoner, President
ATTES
Lisa Gill
City Clerk
Prepared by:
Les Merkley
Corporate Counsel
4
PASSED by the Common Council of the City of Jeffersonville, Clark County, Indiana,
this 5th day of May,2025,by a vote of riint (1? ) ayes and 2rr-0 (0)nays.
COMMON COUNCIL, CITY OF JEFFERSONVILLE,
CLARK COU TY, INDIANA
By: 6fr i
Evan Stoner, President
ATTESTED BY:A ,
Lisa Gi11, City Clerk
CERTIFICATE OF PRESENTATION TO MAYOR
The undersigned hereby certifies that on the (e day of May, 2025, the above resolution was
PRESENTED by me, as the duly elected Clerk of the City of Jeffersonville, Indiana to the Mayor of the
City of Jeffersonville, Indiana.
isa Gi 1
Jeffersonville City Clerk
APPROVAL BY MAYOR
The undersigned, as of this '7 day of May, 2025, and as the du elected Mayor of the City of
Jeffersonville,Indiana,hereby APPROVES the above resolution as autho ed by the provisions of I.C. 36-
4-6-16 and as evidenced by my signature affixed below.
Mike Moor , Mayor of the ity of
Jeffersonvil e, Indiana
Attested by:
Lisa ill,
Jeffersonville City Clerk
EXHIBIT A
DECLARATORY RESOLUTION
(Attach)
JEFFERSONVILLE PLAN COMMISSION ORDER NO.I
ORDER OF THE JEFFERSONVILLE PLAN COMMISSION DETERMINING THAT A
DECLARATORY RESOLUTION APPROVED AND ADOPTED BY THE CITY OF
COMPEHENSIENCTYAP ISSION CONFORMS TO
TIE
COMPREHENSIVE PLAN OF THE AND APPROVING RESOLUTION
WHEREAS, on the 23th day of April, 2025, the City of Jeffersonville Redevelopment
Commission (the "Commission"), adopted a Declaratory Resolution (the "Declaratory
Resolution"), a copy of which is attached hereto as Exhibit A and incorporated by reference
herein, to create: (i) Eastlawn Residential Economic Development Area ("Eastlawn EDA"); n
)
the Eastlawn Residential Allocation Area ("Eastlawn Allocation Area"); and (iii) the Eastlawn
Housing Program("Program"); all pursuant to and in accordance with the provisions of Indiana
Code 36-7-14 and all acts supplemental and amendatory thereto(collectively,the"Act").
WHEREAS, the Declaratory Resolution approved the residential housing development
program, a copy of which is attached hereto as Exhibit B and incorporated by reference herein
(the "Program") for the Eastlawn EDA, which Program contains specific recommendations for
economic development in the Eastlawn EDA;
WHEREAS, the Declaratory Resolution created the Eastlawn Allocation Area as a
residential allocation area for the purpose of capturing real property taxes generated from the
incremental assessed value of real property located in the Eastlawn Allocation Area in
accordance with Section 56 of the Act;
WHEREAS,the Eastlawn Allocation Area shall have a base assessment date of January
1,2025;
WHEREAS, the declarations in the Declaratory Resolution were supported by findings
incorporated into the Declaratory Resolution;
WHEREAS, the Commission has submitted the Declaratory Resolution and supporting
data to the Plan Commission for approval as required by the Act, and the Plan Commission
desires to approve the same;and
WHEREAS,the Plan Commission has been duly advised in the matter.
NOW, THEREFORE, BE IT ORDERED BY THE JEFFERSONVILLE PLAN
COMMISSION AS FOLLOWS:
1. The Declaratory Resolution and the Program conform to the comprehensive plan
of development for the City.
2. The Declaratory Resolution and the Program, are hereby in all respects approved,
ratified,and confirmed without amendment or modification.
3. The Secretary of the Plan Commission is hereby directed to file a copy of the
Declaratory Resolution and the Program with the permanent minutes of this meeting.
4. The Plan Commission hereby authorizes the Commission to make any additional
modifications as may be necessary in connection with the public hearing and adoption of
the Confirmatory Resolution.
5. This Order shall take effect immediately upon its passage.
Adopted on this 29th day of April,2025.
JEFFERSONVILLE PLAN COMMISSION
resident
Attest:
Secretary
t1
EXHIBIT B
RESIDENTIAL HOUSING PROGRAM
(See Attached)
0152274.0785405 4905-4917-5100v1
RESOLUTION NO. '"f
DECLARATORY RESOLUTION OF THE CITY OF JEFFERSONVILLE
REDEVELOPMENT COMMISSION ESTABLISHING THE EASTLAWN ECONOMIC
DEVELOPMENT AREA,ALLOCATION AREA,AND RESIDENTIAL HOUSING
PROGRAM
WHEREAS,the City of Jeffersonville Redevelopment Commission(the "Commission"),
as the governing body for the Department of Redevelopment of the City of Jeffersonville (the
"City"), is a redevelopment commission organized and acting pursuant to the provisions of IC
36-7-14, as amended(the"Act); and
WHEREAS, the Commission has investigated, studied, and surveyed economic
development areas and residential housing development within the City; and
WHEREAS, the Commission has selected an economic development area to be
developed pursuant to the Act("Area"); and
WHEREAS, the Commission has prepared an economic development plan and
residential housing development program for the Area("Plan"), which Plan is attached hereto as
Exhibit A and incorporated herein by reference; and
WHEREAS, prior to formal submission of the Plan to the Commission, the Department
of Redevelopment of the City(i) consulted with persons interested in or affected by the proposed
Plan, including the superintendent and school board president of all school corporations located
within the Area, (ii) provided any affected neighborhood associations and residents with an
adequate opportunity to participate in an advisory role in planning, implementing, and evaluating
the Plan, and (iii) held at least one (1) duly noticed public meeting to obtain the views of any
neighborhood associations and residents of affected neighborhoods; and
WHEREAS, the Commission has caused to be prepared maps and plats showing(i) the
boundaries of the Area, the location of various parcels of property, streets, alleys and other
features affecting the acquisition, clearance, replatting, replanning, rezoning or economic
development of the Area, indicating that all parcels of property are to be excluded from the
acquisition list and (ii)the parts of the Area, if any,that are to be devoted to public ways,levees,
sewerage,parks,playgrounds, and other public purposes under the Plan; and
WHEREAS, the Commission desires to establish an Allocation Area to be known as the
"Eastlawn Residential Allocation Area"; and
WHEREAS, Section 53 of the Act permits the establishment of "residential housing
development programs" by resolution for the construction of new residential housing or the
renovation of existing residential housing in an area within the jurisdiction of the Commission in
the manner provided in said Section; and
WHEREAS, the Program conforms to other development and redevelopment plans for
the City,including the comprehensive plan for the City; and
WHEREAS, Section 56 of the Act permit the creation of "allocation areas" for the
Program to provide for the allocation and distribution of property taxes for the purposes and in
the manner provided in such Sections; and
WHEREAS, the Allocation Area shall have a base assessment date of January 1, 2025;
and
WHEREAS, the Commission now desires to adopt this Declaratory Resolution for the
purposes described above, which Declaratory Resolution will be subject to the approval of the
Plan Commission and the City Council and the adoption of a Confirmatory Resolution by the
Commission after the publication of notice and the conducting of a public hearing thereon as
required by the Act.
NOW THEREFORE BE IT RESOLVED BY THE COMMISSION, AS
FOLLOWS:
1. The recitals set forth above are hereby adopted and approved and incorporated
into this Resolution as if set forth herein in full.
2. The Commission has selected the Area as an economic development area within
the boundaries of the City. The Area is described in Exhibit B attached hereto and incorporated
herein by reference.The Area is hereby designated as the"Eastlawn Development Area".
3. The Commission finds that the Plan for the Area:
a. Promotes significant opportunities for the gainful employment of the citizens
of the City;
b. Assists in the attraction and retention of major new business enterprises to the
City;
c. Benefits the public health, safety, morals and welfare of the citizens of the
City;
d. Increases the economic well-being of the City and the State of Indiana; and
e. Serves to protect and increase property values in the City and the State of
Indiana.
4. The Commission finds that:
a. The public health and welfare will be benefited by the accomplishment of the
residential housing development program within the Plan; and
b. The accomplishment of the residential housing development program within
the Plan will be of public utility and benefit as measured by:
1) the provision of adequate residential housing;
2) an increase in the property tax base; and
3) other similar public benefits.
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5. The Commission finds that the Plan cannot be achieved by regulatory processes
or by the ordinary operation of private enterprise without resort to the powers allowed the
Commission under the Act because of the lack of local public improvements and other similar
conditions, specifically: the cost of infrastructure improvements needed to serve the Area,
including obtaining reasonable access to the Area, adequate utility service and adequate drainage
prevents the improvements from being accomplished by private enterprise and there is no
regulatory process available outside of the powers allowed under the Act to build infrastructure
or provide incentives to encourage economic growth and residential housing development in the
Area.
6. The Commission finds that the public health and welfare will be benefited by the
accomplishment of the Plan for the Area, specifically by the construction of (a) road
improvements to ensure safe, reliable, efficient and reasonable access to the Area, (b) utility
improvements, including water, sewer, storm water, gas and electric improvements, to ensure
reasonable and appropriate utility services to the Area, (c)park facility improvements, including
but not limited to trails, fields, and playgrounds, (d) public safety improvements to ensure
adequate public safety to the Area, and (e) other improvements necessary for the economic
development of the Area, including governmental facility and economic development project
improvements in or serving the Area. These improvements (collectively, "Improvements")
promote public health and welfare for the citizens of the City by enhancing economic
development and residential housing development in the Area through the provision of improved
access to the Area, adequate utility services (water, sewer, and storm water) to the Area and by
making the Area more suitable for economic development and residential housing development
through the construction of governmental facility and economic development project
improvements. A map of the Area is attached hereto as Exhibit C, which map is incorporated
herein by reference.
7. The Commission finds that the accomplishment of the Plan will be of public
utility and benefit as measured by the attraction of permanent jobs, an increase in the property
tax base, improved diversity of the economic base, the attraction of residential housing
development, and other similar benefits, specifically by providing the construction of the
Improvements to encourage and enable the development of new businesses and residential
housing development in the Area, and the retention of and fostering of growth of existing
businesses and residential housing development around the Area.
8. The Plan conforms to other development and redevelopment plans for the City.
9. The Commission does not now propose to acquire interests in real property within
the boundaries of the Area. If the Commission determines that it is necessary to acquire real
property in the Area, it will amend the Plan and this resolution prior to any such acquisition.
10. The Commission estimates the cost of implementing the Plan will be
approximately$5,000,000 (this estimate includes the total estimated costs of the construction of
the Improvements).
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11. The Commission finds that no residents of the Area will be displaced by any
project resulting from the Plan; and, therefore,the Commission finds that it does not need to give
consideration to transitional and permanent provisions for adequate housing for the residents, if
any. The Commission will take no actions that will result in the displacement of residential
areas.
12. This paragraph constitutes the "allocation provision" for purposes of Indiana
Code 36-7-14-39 and Indiana Code 36-7-14-56. The entire Area shall be constituted into one
allocation area as defined in Indiana Code 36-7-14-39 and Indiana Code 36-7-14-56
(collectively, the"Allocation Area") and as shown on the map attached hereto as Exhibit C. Any
property taxes levied on or after the effective date of this resolution by or for the benefit of any
public body entitled to a distribution of property taxes on taxable property in the Allocation
Areas shall be allocated and distributed in accordance with Indiana Code 36-7-14-39, as
modified by Indiana Code 36-7-14-56, or any applicable successor provision. This allocation
provision shall expire no later than 20 years after the date on which the first obligation is
incurred to pay principal and interest on bonds or lease rentals on leases payable from tax
increment revenues from the Allocation Area.
13. All of the rights, powers, privileges, and immunities that may be exercised by the
Commission in a redevelopment area,urban renewal area,or with respect to a residential housing
development program, may be exercised by the Commission in the Area, subject to the
limitations of Indiana Code 36-7-14-43, Indiana Code 36-7-14-54, and Indiana Code 36-7-14-56.
14. The presiding officer of the Commission is hereby authorized and directed to
submit this resolution and the Plan to the Plan Commission for its approval.
15. The Commission also directs the presiding officer, after receipt of the written
order of approval of the Plan Commission to publish notice of the adoption and substance of this
resolution in accordance with Indiana Code 5-3-1-4 and to file notice with the Plan Commission,
Board of Zoning Appeals, Board of Public Works, Park Board, the building commissioner and
any other departments or agencies of the City concerned with unit planning, zoning variances,
land use, or the issuance of building permits. The notice must state that maps and plats have been
prepared and can be inspected at the office of the City's department of redevelopment and must
establish a date when the Commission will receive and hear remonstrances and objections from
persons interested in or affected by the proceedings pertaining to the proposed project and will
determine the public utility and benefit of the proposed project. Copies of the notice shall also
be filed with the officer authorized to fix budgets, tax rates, and tax levies under Indiana Code 6-
1.1-17-5 for each taxing unit that is either wholly or partly located within the proposed
Allocation Area.
16. The Commission also directs the presiding officer to prepare or cause to be
prepared a statement disclosing the impact of the Allocation Area which includes (a) the
estimated economic benefits and costs incurred by the Allocation Area,as measured by increased
employment and anticipated growth of real property, personal property, and inventory assessed
values and (b) the anticipated impact on tax revenues of each taxing unit that is either wholly or
partly located within the Allocation Area (a copy of this statement shall be filed with each such
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taxing unit with a copy of the notice required under Indiana Code 36-7-14-17 at least 10 days
prior to the date of the hearing described in Section 15 hereof).
17. The Commission further directs the presiding officer to submit this resolution to
the City Council for approval of the establishment of the Area and Allocation Area and approval
of the Plan.
18. This resolution shall be effective as of the date of its adoption.
ADOPTED this L ) day of /A 11 L` ,2025.
JEFFERSONVILLE REDEVELOPMENT COMMISSION
By: w �
v1u)t_
esie t
ATTEST:
Z)edi‘//'7//z
Secretary
5
EXHIBIT A
ECONOMIC DEVELOPMENT PLAN AND
RESIDENTIAL HOUSING DEVELOPMENT PROGRAM
FOR THE EASTLAWN ECONOMIC DEVELOPMENT AREA
JEFFERSONVILLE,INDIANA REDEVELOPMENT COMMISSION
Purpose and Introduction
This document is the Economic Development Plan and Residential Housing
Development Program (collectively, "Plan") for the Eastlawn Economic Development
Area ("Area") for the City of Jeffersonville, Indiana ("City"). This Plan is intended for
approval by the City of Jeffersonville Plan Commission ("Plan Commission"), Common
Council of the City of Jeffersonville, and the Jeffersonville Redevelopment Commission
("Commission")in compliance with Indiana Code 36-7-14.
Objectives
The purposes of the Plan are to benefit the public health, safety, morals, and
welfare of the citizens of the City; increase the economic well-being of the City and the
State of Indiana; serve to protect and increase property values in the City and the State of
Indiana; and attract new residential housing development or the renovation of existing
residential housing in the City and the State of Indiana. The Plan is designed to (i)
promote significant opportunities for the gainful employment of citizens of the City, (ii)
assist in the attraction of one or more major new business enterprises to the City, (iii)
provide for local public improvements in, serving or benefiting the Area, (iv) attract and
retain jobs, (v) increase the property tax base, (vi) improve the diversity of the economic
base of the City, and (vii) promote and provide for adequate residential housing
development and opportunities for residential housing in the City and Area.
Description of Area
The Area consists of one allocation area (as described below) and is depicted in
the map attached to the Declaratory Resolution of which this Plan is a part as Exhibit B.
The Area is generally located on the north side of 8th Street, between the intersections of
8th Street and Access Road and 86 Street and Brighton Avenue on the south side, and
west of the railroad.
The Area and Eastlawn Allocation Area include the following parcels and
adjacent right of ways:
• 10-20-00-200-731.000-010
• 10-20-00-200-732.000-010
• 10-20-00-200-733.000-010
• 10-20-00-200-734.000-010
B-1
N
Project Description
All projects for the Area are in, serving or benefiting the Area. The following
projects ("Projects") may be constructed in connection with the economic and residential
housing development of the Area:
1. Road Improvements - Road improvements shall be constructed to ensure
safe, reliable, efficient and reasonable access to the Area. The costs of
such improvements shall include design work, land clearing costs, asphalt
and/or concrete paving, curb design and construction, lighting, surveys,
traffic signals, traffic studies and such other costs as may be related to the
development of the roads.
2. Utility Infrastructure Improvements - Utility improvements shall be
constructed in and around the Area to assure the provision of adequate
utility services to the Area. The costs of such improvements shall include
any necessary design costs, construction of mains, storm sewers,
waterworks and sewage works, electric facilities, utility relocation costs
and any such other costs related to the provision of utility services to the
Area.
3. Park Improvements — Park improvements shall be constructed in and
around the area to ensure adequate access to park facilities to serve the
Area. The costs of such improvements shall include any necessary design
costs, equipment costs, earth moving, trail construction, and related park
improvements.
4. Drainage Improvements— Drainage improvements shall be constructed in
and around the Area to assure adequate drainage of the Area to be suitable
for economic development activities. The costs of such drainage
improvements shall include earth moving, tile installation, piping and
other costs necessary to provide adequate drainage for the Area.
5. Public Safety Improvements — Public safety improvements shall be
constructed in and around the Area to assure the provision of reasonable
and appropriate public safety services to the Area. The costs of such
improvements shall include public safety facilities, equipment and other
costs necessary to provide adequate public safety for the Area.
6. Economic Development & Government Facility Projects — Economic
development and governmental facility projects which constitute local
public improvements and are capital projects shall be acquired and/or
constructed to foster and encourage the orderly economic and residential
development of the Area, including but not limited to economic
B-1
development and redevelopment of the City and projects and facilities
supporting the local school corporation that the Commission recognizes
also foster economic and residential development.
7. Assistance to Educational Entities or Workforce Training Programs -
Contract with an eligible entity under Indiana Code 36-7-25-7 to provide
educational programs, workforce training programs, worker retraining
programs or any other programs designed to prepare individuals to
participate in the competitive and global economy.
The total estimated cost of the Projects is $5,000,000. The Commission
anticipates that the construction of the Projects will encourage economic and residential
development in the Area.
Economic and Development Benefits of Projects
The Projects are anticipated to facilitate opportunities for more residential housing
within the Area and City and the growth and diversification of the property tax base,
including additional investment in the Area from developers. This additional investment
is anticipated to result in additional residential housing and employment opportunities in
the Area while preserving and enhancing existing housing and employment in the Area.
Material increased development in the Area is anticipated based upon these and other
improvements contemplated for the Area.
Acquisition of Property
The Commission has no present plans to acquire any interests in real property.
The Commission shall follow the procedures in Indiana Code 36-7-14-19 in any current
or future acquisition of property. The Commission may not exercise the power of eminent
domain in the Area and will take no actions with respect to acquiring residential areas or
otherwise relocating any residences.
Procedures with Respect to the Projects
In accomplishing the Projects, the Commission may proceed with the Projects
before the acquisition of all interests in land in the Area. All contracts for material or
labor in the accomplishment of the Projects by the Commission shall be let under Indiana
Code 36-1.
In the planning and rezoning of real property acquired or to be used in the
accomplishment of the Plan; the opening, closing, relocation and improvement of public
ways; and the construction, relocation, and improvement of sewers and utility services;
the Commission shall proceed in the same manner as private owners of the property. The
Commission may negotiate with the proper officers and agencies of the City to secure the
proper orders, approvals, and consents.
B-1
Any construction work required in connection with the Projects may be carried
out by the appropriate municipal or City department or agency. The Commission may
carry out the construction work if all plans, specifications, and drawings are approved by
the appropriate department or agency and the statutory procedures for the letting of the
contracts by the appropriate department or agency are followed by the Commission.
The Commission may pay any charges or assessments made on account of orders,
approvals, consents, and construction work with respect to the Projects or may agree to
pay these assessments in installments as provided by statute in the case of private owners.
None of the real property acquired for the Projects may be set aside and dedicated
for public ways, parking facilities, sewers, levees, parks, or other public purposes until
the Commission has obtained the consents and approval of the department or agency
under whose jurisdiction the property will be placed.
Notwithstanding the foregoing, the Commission may cause the Projects to be
constructed in accordance with and financed through the City pursuant to the terms of
Indiana Code 36-7-11.9 and -12, as amended, or through a redevelopment authority
pursuant to Indiana Code 36-7-14.5, as amended.
Disposal of Property
The Commission may dispose of real property acquired, if any,by sale or lease to
the public after causing to be prepared two (2) separate appraisals of the sale value or
rental value to be made by independent appraisers. However, if the real property is less
than five (5) acres in size and the fair market value of the real property or interest has
been appraised by one (1) independent appraiser at less than Ten Thousand Dollars
($10,000), the second appraisal may be made by a qualified employee of the
Commission. The Commission will prepare an offering sheet and will maintain maps and
plats showing the size and location of all parcels to be offered. Notice will be published
of any offering in accordance with Indiana Code 5-3-1. The Commission will follow the
procedures of Indiana Code 36-7-14-22 in making a sale or lease of real property
acquired.
Financing of the Projects
It is the intention of the Commission to finance the Projects by one of, or a
combination of,the following methods:
A) Financing the Projects on an ongoing basis from any available ad valorem
property taxes allocated under Indiana Code 36-7-14-39, Indiana Code 36-7-14-56, or
other funds available for such purpose.
(B) Issuing bonds payable from ad valorem property taxes allocated under
Indiana Code 36-7-14-39 or Indiana Code 36-7-14-56 in order to raise money for
property acquisition and completion of the Projects in, serving or benefiting the Area.
B-1
The amount of these bonds may not exceed the total, as estimated by the Commission,of
all expenses reasonably incurred in connection with the Projects,including:
(1) The total cost of all land, rights-of-way, and other property to be acquired
and developed;
(2) All reasonable and necessary architectural, engineering, construction,
equipment, legal, financing, accounting, advertising, bond discount and supervisory
expenses related to the acquisition and development of the Projects or the issuance of
bonds;
(3) Interest on the bonds (not to exceed 5 years from the date of issuance) and
a debt service reserve for the bonds to the extent the Commission determines that a
reserve is reasonably required; and
(4) Expenses that the Commission is required or permitted to pay under
Indiana Code 8-23-17.
In the issuance of bonds, the Commission will comply with Indiana Code 36-7-
14-25.1. Any such bonds to finance the costs of the Projects may also be payable from a
levy of a special benefits tax on all taxable property in the redevelopment district
pursuant to Indiana Code 36-7-14-27 or other funds pledged to the Commission by the
City for such purpose pursuant to Indiana Code 36-7-14-25.5 (such as local income tax
revenues or motor vehicle highway taxes).
C) As an alternative to the issuance of bonds or in conjunction with it, the
Commission may (i) enter into a lease of any property that could be financed with the
proceeds of bonds under Indiana Code 36-7-14, such being subject to the provisions of
Indiana Code 36-7-14-25.2 and Indiana Code 36-7-14-25.3, including a lease with a
redevelopment authority under Indiana Code 36-7-14.5 (with such lease rentals payable
from the sources described in B above) or (ii) pledge any available incremental ad
valorem property taxes allocated under Indiana Code 36-7-14-39(b)(2)(D), Indiana Code
36-7-14-56, and Indiana Code 5-1-14-4 to the payment of bonds issued by the City,
including bonds issued by the City pursuant to the provisions of Indiana Code 36-7-11.9
and-12, as amended(the"EDC Act"),to finance the costs of the Projects.
D) All or a portion of the Projects may be financed by any funds available to
the Commission as provided from other entities interested in providing financing for the
Projects.
The Commission anticipates that a substantial portion of the Projects will be financed
pursuant to the EDC Act as described in paragraph (C) above through a pledge of
available incremental ad valorem property taxes allocated under Indiana Code 36-7-14-39
and Indiana Code 36-7-14-56 by the Commission to the payment of bonds issued by the
City.
B-1
Allocation Area
The entire Area shall constitute one allocation area as described above and as
defined in Indiana Code 36-7-14-39 and Indiana Code 36-7-14-56 (collectively, the
"Allocation Areas"). Any property taxes levied on or after the effective date of the
Declaratory Resolution of which this Plan is a part by or for the benefit of any public
body entitled to a distribution of property taxes on taxable property in the Allocation
Areas shall be allocated and distributed in accordance with Indiana Code 36-7-14-39, as
modified by Indiana Code 36-7-14-56, or any applicable successor provision. This
allocation provision shall expire no later than 20 years after the date on which the first
obligation is incurred to pay principal and interest on bonds or lease rentals on leases
payable from tax increment revenues from the Allocation Areas.
Amendment of the Plan
The Commission may amend the Plan by following the procedures set forth in
Indiana Code 36-7-14-15 through 17.5.
B-1
EXHIBIT B
The Description of the Area with Parcel List
TRACT NO.1:
BEING PART OF SURVEY NUMBER 2 OF THE ILLINOIS GRANT,
JEFFERSONVILLE, CLARK COUNTY, INDIANA, MORE PARTICULARLY
DESCRIBED AS FOLLOWS: BEGINNING AT A STONE MONUMENT AT THE
NORTHERN CORNER OF SAID ILLINOIS GRANT NO. 2; THENCE S.35 DEG.
50' E., 1320.2' ALONG THE NORTHEASTERN LINE OF SAID SURVEY NO. 2
OF THE ILLINOIS GRANT (HISTORICAL CALL); THENCE S. 35 DEG. 20' E.
508.0' ALONG SAID NORTHEASTERN LINE TO A MONUMENT
(HISTORICAL CALL), SAID MONUMENT BEING A 4" X 4" MONUMENT,
WITH A DRILL HOLE IN THE CENTER; THENCE S. 35 DEG. 33' 59" E.,
374.98' TO A POINT, THE TRUE POINT OF BEGINNING; THENCE
CONTINUING S. 35 DEG. 33' 59" E., 152.11' TO A POINT, SAID POINT BEING
MARKED BY A STEEL PIN SET, SAID PIN BEING LOCATED IN THE
APPARENT WESTERLY RIGHT-OF-WAY LINE OF EIGHTH STREET;
THENCE WITH SAID APPARENT WESTERLY RIGHT-OF-WAY LINE OF
EIGHTH STREET S. 54 DEG. 40'
47"
W., 468.01' TO A POINT MARKED BY A
STEEL PIN SET; THENCE N. 35 DEG. 30' 00" W., 150.64' TO A POINT
MARKED BY A STEEL PIN SET; THENCE N. 54 DEG. 30' 00" E., (BASIS OF
BEARINGS) 467.83' TO A POINT, THE TRUE POINT OF BEGINNING,
CONTAINING 1.6261 ACRES, MORE OR LESS, BEING PART OF AN
ORIGINAL 8+ACRE EASTLAWN ELEMENTARY SCHOOL TRACT.
THE ABOVE DESCRIBED TRACT BEING SUBJECT TO ALL PERTAINING
EASEMENTS AND TWO (2) INGRESS-EGRESS, UTILITY EASEMENTS,
EACH MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEING AN
INGRESS-EGRESS, UTILITY EASEMENT 35' WIDE AND BEING PART OF
SURVEY NUMBER 2 OF ILLINOIS GRANT, JEFFERSONVILLE, CLARK
COUNTY, INDIANA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:
BEGINNING AT A STONE MONUMENT AT THE NORTHERN CORNER OF
SAID ILLINOIS GRANT NO. 2; THENCE S. 35 DEG. 50' E., 1320.2' ALONG
THE NORTHEASTERN LINE OF SAID SURVEY NUMBER 2 OF THE
ILLINOIS GRANT (HISTORICAL CALL); THENCE S. 35 DEG. 20' E., 508.0'
ALONG SAID NORTHEASTERN LINE TO A STONE MONUMENT
(HISTORICAL CALL), SAID MONUMENT BEING A 4" X 4" MONUMENT,
WITH A DRILL HOLE IN THE CENTER; THENCE S. 35 DEG. 33' 59" E.,
374.98' TO A POINT THE TRUE POINT OF BEGINNING; THENCE
CONTINUING S. 35 DEG. 33' 59" E., 152.11' TO A POINT, SAID POINT BEING
MARKED BY A STEEL PIN SET, SAID PIN BEING LOCATED IN THE
APPARENT WESTERLY RIGHT-OF-WAY LINE OF EIGHTH STREET;
THENCE WITH SAID APPARENT WESTERLY RIGHT-OF-WAY LINE OF
EIGHTH STREET S. 54 DEG. 40' 47" W., 35.01' TO A POINT; THENCE N. 35
B-1
DEG. 30' 00" W., 152.00' TO A POINT; THENCE N. 54 DEG. 30' 00" E. (BASIS
OF BEARINGS) 34.84' TO A POINT THE TRUE POINT OF BEGINNING.
ALSO BEING AN INGRESS-EGRESS, UTILITY EASEMENT 30' WIDE AND
BEING PART OF SURVEY NUMBER 2 OF THE ILLINOIS GRANT
JEFFERSONVILLE, CLARK COUNTY, INDIANA MORE PARTICULARLY
DESCRIBED AS FOLLOWS: BEGINNING AT A STONE MONUMENT AT THE
NORTHERN CORNER OF SAID ILLINOIS GRANT NO. 2; THENCE S. 35 DEG.
50' E., 1320.2' ALONG THE NORTHEASTERN LINE OF SAID SURVEY NO. 2
OF THE ILLINOIS GRANT (HISTORICAL CALL); THENCE S. 35 DEG. 20' E.
508.0' ALONG SAID NORTHEASTERN LINE TO A STONE MONUMENT
(HISTORICAL CALL), SAID MONUMENT BEING A 4" X 4" MONUMENT,
WITH A DRILL HOLE IN THE CENTER; THENCE S. 35 DEG. 33' 59" E.,
527.09' TO A POINT, SAID POINT BEING LOCATED IN THE APPARENT
WESTERLY RIGHT-OF-WAY LINE OF EIGHTH STREET; THENCE WITH
SAID APPARENT WESTERLY RIGHT-OF-WAY LINE OF EIGHTH STREET S.
54 DEG. 40' 47' W., 438.01' TO A POINT; THE TRUE POINT OF BEGINNING;
THENCE CONTINUING S. 54 DEG. 40' 47" W, 30.00' TO A POINT MARKED
BY A STEEL PIN SET; THENCE N. DEG.
BEARINGS,)150.64' TO A POINT;
30.00' TO A POINT;
THENCE N. 54 DEG. 30' 00" E., (BASIS OF
THENCE S. 35 DEG. 30' 00" E., 150.64' TO A POINT, THE TRUE POINT OF
BEGINNING.
TRACT NO.2:
BEING PART OF SURVEY NUMBER 2 OF THE ILLINOIS GRANT,
JEFFERSONVILLE, CLARK COUNTY, INDIANA MORE PARTICULARLY
DESCRIBED AS FOLLOWS: BEGINNING AT A STONE MONUMENT AT THE
NORTHERN CORNER OF SAID ILLINOIS GRANT NO.2; THENCE S. 35 DEG.
50' E., 1320.2' ALONG THE NORTHEASTERN LINE OF SAID SURVEY NO. 2
OF THE ILLINOIS GRANT (HISTORICAL CALL); THENCE S. 35 DEG. 20' E.
508.0' ALONG SAID NORTHEASTERN LINE TO A MONUMENT
(HISTORICAL CALL), SAID MONUMENT BEING A 4" X 4" MONUMENT,
WITH A DRILL HOLE IN THE CENTER; THENCE S. 35 DEG. 33" 59" E",
169.24' TO A POINT, THE TRUE POINT OF BEGINNING; THENCE
CONTINUING S. 35 DEG. 33' 59" E., 205.74' TO A POINT, SAID POINT BEING
MARKED BY A STEEL PIN SET; THENCE S. 54 DEG. 30' 00" W., 467.83' TO A
POINT MARKED BY A STEEL PIN SET; THENCE N. 35 DEG. 30' 00" W.,
205.74' TO A POINT MARKED BY A STEEL PIN SET; THENCE N. 54 DEG.30'
00" E", (BASIS OF BEARINGS) 467.59' TO A POINT, THE TRUE POINT OF
BEGINNING,CONTAINING 2.2090 ACRES,MORE OR LESS,BEING PART OF
AN ORIGINAL 8+ACRE EASTLAWN ELEMENTARY SCHOOL TRACT.
THE ABOVE DESCRIBED TRACT BEING SUBJECT TO ALL PERTAINING
EASEMENTS ALSO, ABOVE DESCRIBED TRACT SHALL HAVE RIGHTS TO
TWO (2) INGRESS-EGRESS, UTILITY EASEMENTS, EACH MORE
PARTICULARLY DESCRIBED AS FOLLOWS: BEING AN INGRESS-EGRESS,
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UTILITY EASEMENT 35' WIDE AND BEING PART OF SURVEY NUMBER 2
OF ILLINOIS GRANT, JEFFERSONVILLE, CLARK COUNTY, INDIANA,
MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A
STONE MONUMENT AT THE NORTHERN CORNER OF SAID ILLINOIS
GRANT NO. 2; THENCE S. 35 DEG. 50' E., 1320.2' ALONG THE
NORTHEASTERN LINE OF SAID SURVEY NUMBER 2 OF THE ILLINOIS
GRANT (HISTORICAL CALL); THENCE S. 35 DEG. 20' E., 508.0' ALONG
SAID NORTHEASTERN LINE TO A STONE MONUMENT (HISTORICAL
CALL), SAID MONUMENT BEING A 4"X 4" MONUMENT, WITH A DRILL
HOLE IN THE CENTER; THENCE S. 35 DEG. 33' 59" E., 374.98' TO A POINT,
THE TRUE POINT OF BEGINNING; THENCE CONTINUING S. 35 DEG. 33'
59" E., 152.11' TO A POINT, SAID POINT BEING MARKED BY A STEEL PIN
SET, SAID PIN BEING LOCATED IN THE APPARENT WESTERLY RIGHT-
OF-WAY LINE OF EIGHTH STREET; THENCE WITH SAID APPARENT
WESTERLY RIGHT-OF-WAY LINE OF EIGHTH STREET S. 54 DEG. 40' 47"
W., 35.01' TO A POINT; THENCE N. 35 DEG. 30' 00" W., 152.00' TO A POINT;
THENCE N. 54 DEG. 30' 00" E. (BASIS OF BEARINGS) 34.84' TO A POINT,
THE TRUE POINT OF BEGINNING.
ALSO BEING AN INGRESS-EGRESS, UTILITY EASEMENT 30' WIDE AND
BEING PART OF SURVEY NO. 2 OF THE ILLINOIS GRANT,
JEFFERSONVILLE, CLARK COUNTY, INDIANA MORE PARTICULARLY
DESCRIBED AS FOLLOWS: BEGINNING AT A STONE MONUMENT AT THE
NORTHERN CORNER OF SAID ILLINOIS GRANT NO. 2; THENCE S.35 DEG.
50' E., 1320.2' ALONG THE NORTHEASTERN LINE OF SAID SURVEY NO. 2
OF THE ILLINOIS GRANT (HISTORICAL CALL); THENCE S. 35 DEG. 20' E.
508.0' ALONG SAID NORTHEASTERN LINE TO A STONE MONUMENT
(HISTORICAL CALL), SAID MONUMENT BEING A 4" X 4" MONUMENT,
WITH A DRILL HOLE IN THE CENTER; THENCE S. 35 DEG. 33' 59" E.,
527.09' TO A POINT SAID POINT BEING LOCATED IN THE APPARENT
WESTERLY RIGHT-OF-WAY LINE OF EIGHTH STREET; THENCE WITH
SAID APPARENT WESTERLY RIGHT-OF-WAY LINE OF EIGHTH STREET S.
54 DEG. 40' 47" W., 438.01' TO A POINT, THE TRUE POINT OF BEGINNING;
THENCE CONTINUING S. 54 DEG. 40' 47" W., 30.00' TO A POINT MARKED
BY A STEEL PIN SET; THENCE N. 35 DEG. 30' 00" W., 150.64' TO A POINT;
THENCE N. 54 DEG. 30' 00" E., (BASIS OF BEARINGS) 30.00' TO A POINT;
THENCE S. 35 DEG. 30' 00" E., 150.64' TO A POINT, THE TRUE POINT OF
BEGINNING.
ABOVE DESCRIBED TRACT SHALL ALSO BE SUBJECT TO TWO (2)
INGRESS-EGRESS UTILITY EASEMENTS MORE PARTICULARLY
DESCRIBED AS FOLLOWS: BEING AN INGRESS-EGRESS, UTILITY
EASEMENT 35' WIDE AND BEING PART OF SURVEY NUMBER 2 OF THE
ILLINOIS GRANT, JEFFERSONVILLE, CLARK COUNTY, INDIANA, MORE
PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A STONE
MONUMENT AT THE NORTHERN CORNER OF SAID ILLINOIS GRANT NO.
2; THENCE S. 35 DEG. 50' E., 1320.2' ALONG THE NORTHEASTERN LINE OF
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SAID SURVEY NUMBER 2 OF THE ILLINOIS GRANT (HISTORICAL CALL);
THENCE S. 35 DEG. 20' E., 508.0' ALONG SAID NORTHEASTERN LINE TO A
STONE MONUMENT (HISTORICAL CALL), SAID MONUMENT BEING A 4"
X 4" MONUMENT, WITH A DRILL HOLE IN THE CENTER; THENCE S. 35
DEG. 33' 59' E., 169.24' TO A POINT, THE TRUE POINT OF BEGINNING;
THENCE CONTINUING S. 35 DEG. 33' 59" E., 205.74' TO A POINT, SAID
POINT BEING MARKED BY A STEEL PIN SET; THENCE S. 54 DEG. 30' 00"
W., 34.84' TO A POINT; THENCE N. 35 DEG.30' 00" 'W., 205.74' TO A POINT;
THENCE N. 54 DEG. 30' 00" E. (BASIS OF BEARINGS) 34.60' TO A POINT,
THE TRUE POINT OF BEGINNING; ALSO BEING AN INGRESS-EGRESS,
UTILITY EASEMENT 30' WIDE AND BEING PART OF SURVEY NUMBER 2
OF THE ILLINOIS GRANT, JEFFERSONVILLE, CLARK COUNTY, INDIANA
MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A
STONE MONUMENT AT THE NORTHERN CORNER OF SAID ILLINOIS
GRANT NO. 2; THENCE S. 35 DEG, 50' E., 1320.2' ALONG THE
NORTHEASTERN LINE OF SAID SURVEY NO. 2 OF THE ILLINOIS GRANT
(HISTORICAL CALL); THENCE S. 35 DEG. 20' E., 508.0' ALONG SAID
NORTHEASTERN LINE TO A STONE MONUMENT (HISTORICAL CALL),
SAID MONUMENT BEING A 4" X 4" MONUMENT, WITH A DRILL HOLE IN
THE CENTER; THENCE S. 35 DEG. 33' 59" E., 374.98' TO A POINT; THENCE
S- 54 DEG. 30' 00" W., 437.83' TO A POINT; THE TRUE PLACE OF
BEGINNING; THENCE CONTINUING S. 54 DEG. 30' 00" W., 30.00' TO A
POINT MARKED BY A STEEL PIN SET; THENCE N. 35 DEG. 30' 00" W.,
205.74' TO A POINT; THENCE N. 54 DEG. 30' 00" E. (BASIS OF BEARINGS )
30.00' TO A POINT; THENCE S. 35 DEG. 30' 00" E., 205.74 TO A POINT, THE
TRUE POINT OF BEGINNING.
TRACT NO.3:
BEING PART OF SURVEY NUMBER 2 OF THE ILLINOIS GRANT,
JEFFERSONVILLE, CLARK COUNTY, INDIANA, MORE PARTICULARLY
DESCRIBED AS FOLLOWS: BEGINNING AT A STONE MONUMENT AT THE
NORTHERN CORNER OF SAID ILLINOIS GRANT NO.2; THENCE S. 35 DEG.
50' E., 1320.2' ALONG THE NORTHEASTERN LINE OF SAID SURVEY NO. 2
OF THE ILLINOIS GRANT (HISTORICAL CALL); THENCE S. 35 DEG. 20' E.
508.0' ALONG SAID NORTHEASTERN LINE TO A MONUMENT
(HISTORICAL CALL), SAID MONUMENT BEING A 4" X 4" MONUMENT,
WITH A DRILL HOLE IN THE CENTER,THE TRUE POINT OF BEGINNING;
THENCE S. 35 DEG. 33' 59" E. 169.24' TO A POINT, SAID POINT BEING
MARKED BY A STEEL PIN SET; THENCE S. 54 DEG. 30' 00" W. 467.59' TO A
POINT MARKED BY A STEEL PIN SET; THENCE N. 35 DEG. 30' 00" W.
169.24' TO A POINT MARKED BY A STEEL PIN SET; THENCE N. 54 DEG.30'
00" E., (BASIS OF BEARINGS) 467.39' TO A POINT, THE TRUE POINT OF
BEGINNING, CONTAINING 1.8163 ACRES MORE OR LESS, BEING PART OF
AN ORIGINAL 8+ACRE EASTLAWN ELEMENTARY SCHOOL TRACT.
THE ABOVE DESCRIBED TRACT BEING SUBJECT TO ALL PERTAINING
EASEMENTS ALSO, ABOVE DESCRIBED TRACT SHALL HAVE RIGHTS TO
B-1
TWO (2) INGRESS-EGRESS, UTILITY EASEMENTS, EACH MORE
PARTICULARLY DESCRIBED AS FOLLOWS: BEING AN INGRESS-EGRESS,
UTILITY EASEMENT 35' WIDE AND BEING PART OF SURVEY NUMBER 2
OF ILLINOIS GRANT JEFFERSONVILLE, CLARK COUNTY, INDIANA,
MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A
STONE MONUMENT AT THE NORTHERN CORNER OF SAID ILLINOIS
GRANT NO. 2; THENCE S. 35 DEG. 50' E., 1320.2' ALONG THE
NORTHEASTERN LINE OF SAID SURVEY NUMBER 2 OF THE ILLINOIS
GRANT (HISTORICAL CALL); THENCE S. 35 DEG. 20' E., 508.0' ALONG
SAID NORTHEASTERN LINE TO A STONE MONUMENT (HISTORICAL
CALL), SAID MONUMENT BEING A 4"X 4" MONUMENT, WITH A DRILL
HOLE IN THE CENTER; THENCE S. 35 DEG. 33' 59" E., 169.24' TO A POINT,
THE TRUE POINT OF BEGINNING; THENCE CONTINUING S. 35 DEG. 33'
59" E., 357.85' TO A POINT SAID POINT BEING MARKED BY A STEEL PIN
SET, SAID PIN BEING LOCATED IN THE APPARENT WESTERLY RIGHT-
OF-WAY LINE OF EIGHTH STREET; THENCE WITH SAID APPARENT
WESTERLY RIGHT-OF WAY LINE OF EIGHTH STREET S. 54 DEG. 40' 47"
W., 35.01' TO A POINT; THENCE N. 35 DEG. 30' 00" W., 357.74' TO A POINT;
THENCE N. 54 DEG. 30' 00" E. (BASIS OF BEARINGS) 34.60' TO A POINT,
THE TRUE POINT OF BEGINNING.
ALSO BEING AN INGRESS-EGRESS, UTILITY EASEMENT 30' WIDE AND
BEING PART OF SURVEY NUMBER 2 OF THE ILLINOIS GRANT,
JEFFERSONVILLE, CLARK COUNTY, INDIANA, MORE PARTICULARLY
DESCRIBED AS FOLLOWS: BEGINNING AT A STONE MONUMENT AT THE
NORTHERN CORNER OF SAID ILLINOIS GRANT NO. 2; THENCE S. 35 DEG.
50' E., 1320.2' ALONG THE NORTHEASTERN LINE OF SAID SURVEY NO. 2
OF THE ILLINOIS GRANT (HISTORICAL CALL) THENCE S. 35 DEG, 20' E.
508.0' ALONG SAID NORTHEASTERN LINE TO A STONE MONUMENT
(HISTORICAL CALL), SAID MONUMENT BEING A 4" X 4" MONUMENT,
WITH A DRILL HOLE IN THE CENTER; THENCE S. 35 DEG. 33' 59" E.,
527.09' TO A POINT, SAID POINT BEING LOCATED IN THE APPARENT
WESTERLY RIGHT-OF-WAY LINE OF EIGHTH STREET; THENCE WITH
SAID APPARENT WESTERLY RIGHT-OF-WAY LINE OF EIGHTH STREET S.
54 DEG. 40' 47" W., 438.01' TO A POINT., THE TRUE POINT OF BEGINNING;
THENCE CONTINUING S. 54 DEG. 40' 47" W., 30.00' TO A POINT MARKED
BY A STEEL PIN SET; THENCE N. 35 DEG. 30' 00" W., 356.38' TO A POINT;
THENCE N, 54 DEG. 30' 00" E., (BASIS OF BEARINGS) 30.00' TO A POINT;
THENCE S. 35 DEG. 30' 00" E., 356.47' TO A POINT, THE TRUE POINT OF
BEGINNING.
TRACT NO.4:
BEING PART OF SURVEY NUMBER 2 OF THE ILLINOIS GRANT,
JEFFERSONVILLE, CLARK COUNTY, INDIANA, MORE PARTICULARLY
DESCRIBED AS FOLLOWS: BEGINNING AT A STONE MONUMENT AT THE
NORTHERN OF SAID ILLINOIS GRANT NO. 2; THENCE S. 35 DEG. 50' E.,
B-1
1320.2' ALONG THE NORTHEASTERN LINE OF SAID SURVEY NO. 2 OF
THE ILLINOIS GRANT (HISTORICAL CALL) CORNER THENCE S. 35 DEG.
20' E. 508.0'
CALL),
ALONG SAID MONUMENT BEING A 4" X 4" MONUMENT,
(HISTORICAL
WITH A DRILL HOLE IN THE CENTER; THENCE S. 54 DEG. 30''00" W.,
467.39' TO A POINT,THE TRUE POINT OF BEGINNING; THENCE S. 35 DEG.
00" 525.62'
PM POINT BEING MARKED BY A STEEL
SET, ATED IN THE APPARENT WESTERLY
SAID PIN BEING LOCATED
RIGHT-OF-WAY LINE OF EIGHTH STREET; THENCE WITH SAID
APPARENT WESTERLY RIGHT-OF-WAY LINE OF EIGHTH STREET S. 54
DEG. 40' 47" W., 261.19 TO A POINT MARKED BY A STEEL PIN SET;
THENCE N. 35 DEG. 30' 39" W., 524.80' TO A POINT MARKED BY A
CONCRETE MONUMENT FOUND; THENCE N. 54 DEG, 30' 00" E., (BASIS OF
BEARINGS) 261.28' TO A PO MORE THE
OR LESS POINT
BEING PART BEGINNING,
OF AN
CONTAINING 3.1497 ACRES
ORIGINAL 8+ACRE EASTLAWN ELEMENTARY SCHOOL TRACT.
The Area is depicted in the map attached to this Declaratory Resolution as Exhibit C,and
is generally located as described in the description below.
The Area and Eastlawn Allocation Area includes the following lots as identified
by parcel number:
• 10-20-00-200-731.000-010
• 10-20-00-200-732.000-010
• 10-20-00-200-733.000-010
• 10-20-00-200-734.000-010
** NOTE **
NONE OF THE PARCELS IN THE AREA WILL BE PLACED ON AN
ACQUISITION pREV PREVIOUSLY ACQUIRED THE PARCELS
HAS
S
B-1
EXHIBIT C
Map of Area and Allocation Area
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B-1