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South Bend Redevelopment Commission <br />Regular Meeting -January 15, 2010 <br />defraying the expenses of certain local public <br />improvements for the fiscal year beginning <br />January 1, 2010, and ending December 31, <br />2010 including ali outstanding claims and <br />obligations, fixing a time when the same <br />shall take effect (Fund 619, Blackthorn Golf <br />Course) <br />(11) Resolution No. 2629 appropriating monies <br />for the purpose of defraying the expenses <br />of certain local public improvements for <br />the fiscal year beginning January 1, 2010, <br />and ending December 31, 2010, including <br />all outstanding claims and obligations, <br />fixing a time when the same shall take <br />effect. (Fund 425, Leighton Retail Space <br />and Courtyard and Wayne St Garage <br />Retail) <br />Mr. Inks noted that the public hearing file is <br />complete, containing the Notice of Hearing, a <br />copy of Resolution No. 2629, and affidavits <br />from the South Bend Tribune and Tri-County <br />News that the notice was published in those <br />newspapers on January 1, 2010. <br />Mr. Inks noted that the 2010 budget totals <br />$142,000, down from $163,000 in 2009. Part <br />of the reason for that drop is that we've had a <br />$20,000 reserve fund in previous years to <br />cover unexpected needs. The 2010 budget <br />does not include that reserve fund. <br />Ms. Jones opened the public hearing for <br />whoever wished to speak regarding <br />Resolution No. 2629. There was no one who <br />wished to speak. Ms. Jones closed the public <br />hearing for whatever action the Commission <br />wished to take. <br />Mr. Downes asked about the difference <br />between allocations for taxes in 2009 and <br />DECEMBER 31, 2010 INCLUDING ALL <br />OUTSTANDING CLAIMS AND OBLIGATIONS, <br />FIXING A TIME WHEN THE SAME SHALL TAKE <br />EFFECT (FUND 619, BLACKTHORN GOLF <br />COURSE) <br />PUBLIC HEARING ON RESOLUTION NO.2629 <br />16 <br />