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South l encl Recl velopment C.om missloll <br />l esche l Uled e Ul ar M eeti May , 2007 <br />6. NEW BI-ISINESS (CONT.) <br />1. Northeast Neighborhood i Development Area <br />(4) continued... <br />because ofthei.r expertise. <br />Mr. Downes made a motion to approve the <br />reqUe.St for proposal for consulting services <br />in the Northeast Neighborhood Development <br />Area Jnd to accept the Letter of En a emcnt <br />with Bakcr & .Daniels on the condition that <br />staff` briniCT to the May l n .eetin budget <br />for exact services required. Mr. King <br />seconcled the motion. The vote was three to <br />one with Mr. T ee i owskl opposed. <br />J. Douglas Road Economic Development Area <br />""'Here was no bus ncss in th .Douglas Road <br />Fconomic Development Area. <br />K. other <br />Commission approval requested for <br />proposal for financial consulting services. <br />Mr. Inks noted that staff solicited and <br />recelved a proposal from Crowe Chizek & <br />Company L C for financial consulting <br />services. There are two pieces to this <br />proposal. The first is a neutralization study. <br />Currently the assessed values in St. Joseph <br />Counly are being adjusted for trendmg. <br />Trending is a form of reassessment. Under <br />state law there is a neutralization process for <br />TIC' based assessed values. We would like <br />Crowe Chizek do those rieL €(Tali ation <br />calculations to ensure that as this trending <br />reassessment moves forward, the base <br />assessed values in the TF are treated <br />41 <br />CO M M IS S 10 N APP1 O V F-'D -1-111 RHQU 'F 1~O <br />PROPOSAL F-OR C.'ON U1.--1`ING I.AVICT, I1 "FF1E <br />:'' : f ,11 1- ..I.,{ 1.1: _l., 1'111 - TA' --'F1 -E 01: <br />[':'.'.N (I ".I 111 BAK I:1 & DAN I1- =1 -s O <br />CONDITION THAT TA1 -11 i:3R1N(i TO "YHF'. MAC' I <br />A BUl GE. ".1. FO E AC_.I.. SERVICFS <br />1 l"QU11 E1. <br />