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South Bend Redevelopment Commission <br />Regular Meeting —July 18, 2003 <br />6. NEW BUSINESS <br />I. South Side Development Area <br />(1) continued... <br />of the project which consists of construction <br />of a 123,680 sq ft Target Store on the <br />Montgomery Wards site. <br />Upon a motion by Ms. Jones, seconded by <br />Mr. Faccenda and unanimously carried, the <br />Commission approved Resolution No. 1988 <br />pledging certain tax increment revenues to <br />the payment of the City of South Bend, <br />Indiana, Economic Development Revenue <br />Bonds of 2003, together with interest <br />thereon. (Kite Capital, LLC Project) <br />J. Other <br />There was no other business. <br />7. PROGRESS REPORTS <br />Mr. Rock showed the Commissioners a glowing <br />article about Blackthorn Golf Course that appeared <br />in Great Lakes Golf magazine. The staff wasn't <br />expecting the article and was pleasantly surprised. <br />Ms. Greene noted that demolition should begin on <br />Scottsdale Mall in the next couple of weeks. The <br />Commissioners should receive invitations to attend. <br />8. NEXT COMMISSION MEETING <br />The next Regular Meeting of the Redevelopment <br />Commission is scheduled for August 1, 2003 at <br />10:00 a.m. <br />16 <br />COMMISSION APPROVED RESOLUTION NO. 1988 <br />PLEDGING CERTAIN TAX INCREMENT REVENUES <br />TO THE PAYMENT OF THE CITY OF SOUTH BEND, <br />INDIANA, ECONOMIC DEVELOPMENT REVENUE <br />BONDS OF 2003, TOGETHER WITH INTEREST <br />THEREON. (KITE CAPITAL, LLC PROJECT) <br />THERE WAS NO OTHER BUSINESS. <br />PROGRESS REPORTS <br />NEXT COMMISSION MEETING <br />