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12-03-10 Redevelopment Commission Minutes
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12-03-10 Redevelopment Commission Minutes
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South Bend Redevelopment Commission <br />Regular Meeting –December 3, 2010 <br /> <br />6. NEW BUSINESS (CONT.) <br /> <br />. South Bend Central Development Area <br /> C <br /> <br />(5) continued… <br /> <br />highly unlikely that this won’t work out as <br />we anticipate. In that unlikely event, we’re <br />asking for TIF to be a fallback. <br /> <br />CRN.2814 <br />Upon a motion by Mr. Downes, seconded by <br />OMMISSION APPROVED ESOLUTION O <br />TIF <br />DETERMINING TO APPLY REVENUES TO THE <br />Ms. King and unanimously carried, the <br />RD <br />PAYMENT OF THE EDEVELOPMENT ISTRICT <br />Commission approved Resolution No. 2814 <br />RBP <br />EVENUE ONDS IN THE EVENT ROFESSIONAL <br />determining to apply TIF revenues to the <br />SCDA <br />PORTS AND ONVENTION EVELOPMENT REA <br />payment of the Redevelopment District <br /> <br />REVENUES ARE INSUFFICIENT <br />Revenue Bonds in the event Professional <br />Sports and Convention Development Area <br />revenues are insufficient. <br /> <br /> <br /> D. Airport Economic Development Area <br /> <br />(1) Proposal for professional services related <br />to Ignition Park. <br /> <br />Ms. Hathaway noted that staff requests <br />Commission approval for a proposal from <br />BSA Life Structures for a Land Planning, <br />Master Planning, Site Budgeting and <br />Architectural Concept Development for <br />Ignition Park in the amount of $65,500. <br /> <br />Ms. Hathaway noted that it is really timely <br />that we look at how the park will be <br />developed. Innovation Park has met its first <br />year goals. Notre Dame, Project Future and <br />private groups are working very hard at <br />trying to understand and develop methods for <br />advancing the commercialization of the <br />research on the campus of Notre Dame. We <br />have a business asset inventory that’s being <br />developed for the regional businesses for two <br />purposes: one, to understand who is here, <br /> 22 <br /> <br />
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