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2. Minutes 12/4/09
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2. Minutes 12/4/09
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South Bend Redevelopment Commission <br />Regular Meeting -December 4, 2009 <br />I. Other <br />(2) continued... <br />distribution from the county before the end of <br />the year. We should then be able to <br />accurately allocate the amounts. <br />Mr. Varner asked if the separate TIF <br />resolutions will contain a breakdown of the <br />budget for each TIF area. Mr. Inks said that <br />they would. Particularly in the two largest <br />TIF districts, the SBCDA and AEDA, there <br />will be a very detailed breakdown as part of a <br />strategy for those areas. <br />Upon a motion by Mr. Downes, seconded by <br />Mr. Alford and unanimously can-ied, the <br />Commission approved Resolution No. 2618 <br />setting a public hearing for 10:00 a.m., <br />January 15, 2010, on the appropriation of tax <br />increment financing revenues fi-om various <br />allocation areas for the pa}nnent of certain <br />obligations and expenses related to their <br />respective allocation areas and other related <br />matters. <br />(3) Resolution No. 2630 approving and <br />authorizing the execution of a Master <br />Agency Agreement with the Board of <br />Public Works relating to 2010 Projects. <br />Mr. Inks noted that at the beginning of each <br />year we do a Master Agreement with the <br />Board of Public Works to be amended as we <br />identify specific projects. This is the <br />agreement for 2010. <br />Ms. King asked if there were many changes <br />to the one in 2009. Mr. Meteiver responded <br />that the only changes were to pick up any <br />projects remaining from 2009. <br />COMMISSION APPROVED RESOLUTION NO. 2618 <br />SETTING A PUBLIC HEARING FOR 10:00 A.M., <br />JANUARI' 1.5. 2010, ON THE APPROPRIATION OF <br />TAk INCREMENT FINANCING REVENUES FROM <br />VARIOUS ALLOCATION AREAS FOR THE PAYMENT <br />OF CERTAIN OBLIGATIONS AND E`CPENSES <br />RELATED TO THEIR RESPECTIVE ALLOCATION <br />ARE,4S AND OTHER RELATED MATTERS <br />12 <br />
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