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South Bend Redevelopment Commission <br />Annual Organizational Meeting— January 2, 2004 <br />6. PROGRESS REPORTS (CONT.) <br />Sample -Ewing Development Area (continued...) <br />8. New southeast water park is constructed and the <br />park is under construction. <br />9. Currently the new YWCA is under construction <br />10. Approximately 6 new homes have been <br />constructed. <br />South Side Development Area <br />1. Designation of State's first STIF District <br />2. Erskine Village project underway with Target <br />well under construction <br />3. Completion of Signage Master Plan for the <br />Erskine Hills District <br />4. Completion of Martin's Supermarket expansion <br />at Erskine Plaza <br />5. Completion of Office building at Fellows and <br />Ireland <br />6. Near completion of new MFB Bank Branch on <br />Ireland Road <br />7. Completion of new Wendy's on South Michigan <br />Street <br />8. Phase 1 of Erskine Hills Master Plan completed <br />9. Acquisition of 2 parcels in SSDA <br />Northeast Neighborhood Development Area <br />1. Development and adoption of the Northeast <br />Neighborhood Development Area Development <br />Plan. <br />Other <br />Paid off two bonds in the SBCDA and two bonds in I <br />the AEDA. Issued one new $20,000,000 in the <br />SBCDA and one new $14,000,000 in the AEDA. <br />This will be the first time we use the Indiana Bond <br />Bank to sell Redevelopment bonds, and the sale <br />should take place on 12/30/03. <br />-11- <br />