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South Bend Redevelopment Commission <br />Regular Meeting –June 18, 2010 <br /> <br />6. NEW BUSINESS (CONT.) <br /> <br />C. South Side Development Area <br /> <br />(1) continued… <br /> <br />DAAAN.2 <br />revenues from Allocation Area No. 2 Fund <br />EVELOPMENT REA LLOCATION REA O <br /> <br />AND OTHER RELATED MATTERS <br />for the payment of Certain Obligations <br />related to the South Side Development Area <br />Allocation Area No. 2 and other related <br />matters. <br /> <br /> <br /> E. Northeast Neighborhood Development Area <br /> <br /> <br /> <br />There was no business in the Northeast <br />Neighborhood Development Area. <br /> <br /> <br />F. Douglas Road Economic Development Area <br /> <br />(1) Public Hearing and consideration of <br />Resolution No. 2681 appropriating tax <br />increment financing revenues from <br />Allocation Area No. 1 Fund for the <br />payment of certain obligations and <br />expenses related to the Douglas Road <br />Economic Development Area Allocation <br />Area No. 1 <br /> <br />Ms. Leonard noted that we are appropriating <br />$296,364 we expect to receive any day now <br />from the county semi-annual distribution. <br />Again, this will allow us to make some early <br />debt repayments. We have debt to the Major <br />Moves project and to the City of Mishawaka. <br />The appropriation will also allow us to do <br />some sidewalk work along Douglas Road. <br /> <br />Mr. Inks noted that the public hearing file is <br />complete, containing a copy of Resolution <br />No. 2681, a copy of the Notice of Hearing, <br />and affidavits from the Tri-County News and <br />South Bend Tribune that the Notice of <br /> 21 <br /> <br />