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South Bend Redevelopment Commission <br />Special Meeting —June 19, 200 <br />2. NEW BUSINESS <br />A. Airport Economic Development Area <br />(1) continued... <br />challenges and assist in soil stabilization <br />efforts to create developable sites; (3) <br />continue demolition of unusable buildings to <br />create developable sites; and overcome <br />conditions impeding development to create <br />more job opportunities; and iD.crease the <br />local tax base. <br />Staff recommends approval of Resolution <br />No. 2348. <br />Mr. Pec o s i : I notice on the LaSalle <br />Square area that we are also including <br />one ell, Bosch, the Mohawk Door <br />companies, what does Bosch contribute as far <br />as property tax payments on buildings that <br />we own? <br />Mr. Witrer: they pay the full amount. <br />Mr. Pec l o wsl is It's like a triple -net lease? <br />They are responsible for the property taxes? <br />Mr. Witwer: Yes <br />Mr. Pec.orsll : Do they have any of their <br />people here? <br />Mr. Witwer - Bosch is already in the Airport <br />Economic Development Area. It's <br />Honeywell that will be added. <br />Mr. ec .owski: What's the date of Exhibit <br />D Exhibit D refers to ... it secros to be <br />fourteen years out of date. Everything refers <br />to things that were happening in 1993. <br />6 <br />