HAMMOND DEVELOPMENT CORPORATION (HDC), AN INDIANA NOT-FOR-PROFIT ORGANIZATION, WAS FORMED TO PROVIDE BROAD BASED CHARITABLE SUPPORT FOR THE DEVELOPMENT AND REDEVELOPMENT OF THE CITY OF HAMMOND, INCLUDING THE STIMULATION OF HISTORICAL RENOVATION, GENERAL BUSINESS DEVELOPMENT, INCREASE IN COMMERCE AND TRADE, AND GENERAL STIMULATION OF THE REVITALIZATION OF THE CITY OF HAMMOND.