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10-15-10 Redevelopment Commission Minutes
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10-15-10 Redevelopment Commission Minutes
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South Bend Redevelopment Commission <br />Regular Meeting –October 15, 2010 <br /> <br />6. NEW BUSINESS (CONT.) <br /> <br />D. Airport Economic Development Area <br /> <br />(19) continued… <br /> <br />received copies of letters that are expected to <br />be sent in support of the tax credit <br />application for a Senior Housing <br />Development at LaSalle Square. <br /> <br />Mr. Vitton noted that the Indiana Housing <br />and Community Development Authority <br />administers a tax credit program. They <br />evaluate projects by scoring them with <br />points. The letters will provide additional <br />points to the project. One letter outlines the <br />Commission’s property acquisition that <br />supports the project. Another commits to <br />acquiring the property for the project. With <br />the additional twenty points these letters will <br />secure, the project is very likely to receive <br />the tax credits. <br /> <br />C <br />Upon a motion by Mr. Downes, seconded by <br />OMMISSION AUTHORIZED THE <br />RD <br />EDEVELOPMENT IRECTOR TO SIGN THE <br />Ms. King and unanimously carried, the <br />S <br />SUPPORT LETTERS FOR THE PROPOSED ENIOR <br />Commission authorized the Redevelopment <br />HD.(LSS) <br />OUSING EVELOPMENT AALLE QUARE <br />Director to sign the support letters for the <br />proposed Senior Housing Development. <br />(LaSalle Square) <br /> <br /> <br />E. West Washington-Chapin Development Area <br /> <br /> <br /> <br />There was no business in the West Washington- <br />Chapin Development Area. <br /> <br /> <br /> F. South Side Development Area <br /> <br /> <br /> <br />There was no business in the South Side <br />Development Area. <br /> <br /> <br /> 31 <br /> <br />
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