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South Bend Redevelopment Commission <br />Regular Meeting -February 8, 2011 <br />you've got the unused railroad. Across from <br />there you've got Diversified Transport's <br />property which is defunct. That goes all the <br />way from Chippewa to Ireland Road. It <br />wouldn't be too hard for the city to acquire <br />those properties and get rid of that foundry <br />and run the road right down through there. It <br />would probably save a lot of money, and it <br />would save headaches from traffic <br />bottlenecks. That's all I have to present on <br />the subject. <br />Ms. Jones thanked Mr. Bollinger for his <br />comments and directed staff to respond to <br />them at a later time, noting that the <br />Commission's actions here simply <br />appropriate the money for the budget. <br />There being no one else who wished to speak <br />regarding the TIF appropriation resolutions, <br />Ms. Jones closed the public hearing for <br />whatever action the Commission wished to <br />take. <br />(2) Consideration of Resolution No. 2819. <br />Upon a motion by Ms. King, seconded by <br />Mr. Varner and unanimously carried, the <br />Commission approved Resolution No. 2819 <br />appropriating Tax Increment Financing <br />revenues from Allocation Area No. 1 Fund <br />for the payment of certain obligations and <br />expenses related to the Airport Economic <br />Development Area Allocation Area No. 1. <br />(3) Consideration of Resolution No. 2820. <br />Upon a motion by Ms. King, seconded by <br />Mr. Varner and unanimously carried, the <br />Commission approved Resolution No. 2828, <br />an additional appropriation resolution of the <br />Redevelopment Commission (South Bend <br />COMMISSION APPROVED RESOLUTION NO. 2819 <br />APPROPRIATING TAX INCREMENT FINANCING <br />REVENUES FROM ALLOCATION AREA NO. I <br />FUND FOR THE PAYMENT OF CERTAIN <br />OBLIGATIONS AND EXPENSES RELATED TO THE <br />AIRPORT ECONOMIC DEVELOPMENT AREA <br />ALLOCATION AREA NO. I <br />COMMISSION APPROVED RESOLUTION NO. 2828, <br />AN ADDITIONAL APPROPRIATION RESOLUTION OF <br />THE REDEVELOPMENT COMMISSION (SOUTH <br />BEND CENTRAL DEVELOPMENT AREA NO. 1 <br />FUND) <br />9 <br />