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South Bend Redevelopment Commission <br />Regular Meeting –March 5, 2010 <br /> <br />6. NEW BUSINESS <br /> <br />A. Public Hearing <br /> <br />(1) continued… <br /> <br />message that we as a society believe in <br />people, we don’t want to throw people away. <br />That we want to invest in people. This is <br />really our strength. Thank you. <br /> <br />There was no one else who wished to speak <br />regarding Resolution No. 2651. Ms. Jones <br />closed the public hearing for whatever action <br />the Commission wished to take. <br /> <br /> <br />(2) Approval of Resolution No. 2651. <br /> <br />Ms. King asked for clarification that <br />Resolution No. 2651 only approves the <br />appropriation of funds, not the Agreement for <br />Services. That will be up for action later on <br />the agenda. Ms. Jones confirmed that is <br />correct. <br /> <br />Mr. Varner noted that once funds are <br />available, there will be additional requests for <br />that money. The reality is that there was a <br />buildup of TIF funds from the overlap area <br />over several years. Once those are spent, the <br />amount available each year will be only <br />about $170,000. Mr. Varner said he was very <br />impressed with the work both Project Impact <br />and YouthBuild are doing. However <br />valuable these projects are, the reality is that <br />Project Impact will have to get to the point <br />where they can sustain themselves. Unless <br />something changes legislatively, the money <br />isn’t going to be there. <br /> <br /> <br /> <br /> 21 <br /> <br />