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No. 2818 setting a public hearing on the appropriation of TIF revenues from various allocation areas for the payment of certain obligations/expenses related to their respective allocation areas and other related matters
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No. 2818 setting a public hearing on the appropriation of TIF revenues from various allocation areas for the payment of certain obligations/expenses related to their respective allocation areas and other related matters
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NOTICE OF PUBLIC HEARING CONCERNING PROPOSED <br />SUPPLEMENTAL APPROPRIATION RESOLUTIONS <br />OF THE SOUTH BEND REDEVELOPMENT DISTRICT <br />Oj <br />The taxpayers of the South Bend Redevelopment District, which Redevelopment District is a special taxing district <br />including all the territory in the City of South Bend, Indiana, are hereby notified that the South Bend Redevelopment <br />Commission (the "Commission ") did on January 14, 2011 adopt 2 "d Amended Resolution No. 2818 determining its <br />intent to use funds that have been paid into the allocation funds and in the amounts set forth below for local public <br />improvements in or serving their respective allocation areas: <br />Allocation Area and Fund Resolution No. Not -to- Exceed <br />Airport Economic Development Area, Allocation Resolution No. 2819 $29,000,000 <br />Area No. 1 Fund <br />South Bend Central Development Area, (South Resolution No. 2820 $7,000,000 <br />Bend Allocation Area No. 1 A) Special Fund <br />West Washington Allocation Area Resolution No. 2821 $1,400,000 <br />(South Bend Allocation Area No. 7) <br />Special Fund <br />Downtown Medical Services District Resolution No. 2822 $4,500,000 <br />Special Fund <br />Northeast Neighborhood Development Area Resolution No. 2823 $600,000 <br />No. 1 Fund <br />South Side Development Area, <br />Resolution No. 2824 $8,000,000 <br />Allocation Area No. 1 Fund <br />South Side Development Area <br />Resolution No. 2825 $3,500,000 <br />Allocation Area No. 2 Fund <br />South Side Development Area <br />Allocation Area No. 3. Fund <br />Resolution No. 2826 $6,000,000 <br />Douglas Road Economic <br />Resolution No. 2827 $600,000 <br />Development Area No. 1 Fund <br />Northeast Neighborhood Residential Development Resolution No. 2828 $2,400,000 <br />Area No. 2 Fund <br />The taxpayers of the South Bend Redevelopment District are further notified that the Commission will hold <br />a public hearing at 4:00 p.m.. (local time), on Tuesday, February 8, 2011, at 1308 County-City Building, 227 West <br />Jefferson Boulevard, South Bend, Indiana, on said appropriation of funds from the Allocation Fund heretofore <br />authorized by the Commission. The appropriations are set forth in more detail in their respective resolutions which <br />are on file and available for inspection at the office of the Commission, 227 West Jefferson Boulevard, Suite 1200, <br />South Bend, Indiana 46601. <br />At said public hearing all persons shall have the right to appear and be heard on the necessity of said appropriation, <br />which appropriation, if made, will be forwarded to the State Board of Tax Commissioners for review to ensure the <br />availability of funds. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />Marcia I. Jones <br />President <br />Publish: January 21, 2011 <br />F:IDATAISHAREIECONDErOrdinances Resolutionsl2011 Appropriation Ord.Ohib Hrg Notice Amended Res 2818 2011 T1FApprops.doc <br />
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