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South Bend Redevelopment Commission <br />Special Meeting —June 19, 2007 <br />2, NEW BUSINESS <br />A. Airport Economic Development Area <br />(1) continued. <br />South Bend where the Airport Economic <br />Development Area is currently at, we've <br />been successful, a lot of the work there is <br />dome, there is still some yet to do, there are <br />resources that can he applied to these other <br />areas as well. These are older areas. They're <br />not quite the greenfield sites the Airport <br />Economic Development Area was, but these <br />areas have needs for new investment, for job <br />creation. They are inner city sites where <br />we'd like to see new development occur. To <br />use the resources in the original Airport <br />Economic Development Area to help that <br />new investment and jobs makes a lot of sense <br />in the Inner city. <br />Mr. ec kows is If the Hurwich and the <br />Sample area were to survive on their own, <br />what would be the alternatives that you could <br />offer? <br />Mr. Inks : well, I think we've got history to <br />look at. The Hurwich site has been in the <br />West Washington Development Area that <br />was created in the late 1980s or early 1990s. <br />There's been plenty of time for new <br />investment to occur there. But the residential <br />area to the east of that is where the focus has <br />been. The increment being generated in the <br />West Washington area is only about <br />$300,000 per year. It's not enough to go <br />very far in terms of dealing with <br />infrastructure or acquisition and <br />environmental rem e d i ati ors . All those <br />relative costly issues in the Hurwich area <br />could not be funded by the increment funded <br />11 <br />