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11-17-03 Redevelopment Commission Minutes
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11-17-03 Redevelopment Commission Minutes
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South Bend Redevelopment Commission <br />IL Rescheduled Regular Meeting November 17, 2003 <br />6. NEW BUSINESS (CONT.) <br />H. Other <br />(1) continued... <br />Staff requests the Commission's approval of <br />Resolution No. 2016. <br />Ms. Greene asked for confirmation that all <br />maps and studies prepared by Ms. Hughes <br />are available for public inspection. <br />Ms. Hughes responded that they are <br />available. <br />Ms. Greene also asked for confirmation that <br />no properties are to be acquired at this time. <br />Ms. Hughes answered that the statement was <br />correct. <br />Upon a motion by Mr. Faccenda, seconded <br />by Mr. Blake and unanimously carried, the <br />Commission approved Resolution No. 2016 <br />designating the Northeast Neighborhood <br />Development Area, declaring the Northeast <br />Neighborhood Development Area to be <br />blighted, approving a Development Plan and <br />conditions under which relocation payments <br />will be made, and establishing an Allocation <br />Area for purposes of Tax Incremental <br />Financing. <br />7. PROGRESS REPORTS <br />Mr. Rock reported that the closing was completed <br />on the Oliver boilerhouse and smokestack which <br />was sold to Rose Fuel & Materials, Inc. <br />20 <br />COMMISSION APPROVED RESOLUTION No. 2016 <br />DESIGNATING THE NORTHEAST NEIGHBORHOOD <br />DEVELOPMENT AREA, DECLARING THE <br />NORTHEAST NEIGHBORHOOD DEVELOPMENT <br />AREA TO BE BLIGHTED, APPROVING A <br />DEVELOPMENT PLAN AND CONDITIONS UNDER <br />WHICH RELOCATION PAYMENTS WILL BE MADE, <br />AND ESTABLISHING AN ALLOCATION AREA FOR <br />PURPOSES OF TAX INCREMENTAL FINANCING. <br />PROGRESS REPORTS <br />
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