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A <br />C'j <br />South Bend Redevelopment Commission <br />Regular Meeting —April 17, 2003 <br />6. NEW BUSINESS (CONT.) <br />F. South Side Development Area <br />(2) Commission approval requested for <br />Resolution No. 1971 a resolution of the <br />South Bend Redevelopment Commission <br />establishing its intent to reimburse <br />certain preliminary expenditures related <br />to property acquisition to accommodate <br />power line relocation from the proceeds <br />of bonds. <br />Mr. Inks reported that as part of the Mall <br />Redevelopment Project it is anticipated that <br />a STIF bond may be issued. At a previous <br />Redevelopment Commission Meeting, the <br />Commission authorized acquisition of a <br />parcel of land which would facilitate the <br />relocation of AEP power lines. Resolution <br />No. 1971 allows for the bond to reimburse <br />the Commission for the price of that <br />acquisition. <br />Upon a motion by Mr. Kahn, seconded by <br />COMMISSION APPROVED RESOLUTION No. 1971 <br />Mr. Blake and unanimously carried, the <br />A RESOLUTION OF THE SOUTH BEND <br />Commission approved Resolution No. 1971 <br />REDEVELOPMENT COMMISSION ESTABLISHING <br />a resolution of the South Bend <br />ITS INTENT TO REIMBURSE CERTAIN PRELIMINARY <br />EXPENDITURES RELATED TO PROPERTY <br />Redevelopment Commission establishing its <br />ACQUISITION TO ACCOMMODATE POWER LINE <br />intent to reimburse certain preliminary <br />RELOCATION FROM THE PROCEEDS OF BONDS. <br />expenditures related to property acquisition <br />to accommodate power line relocation from <br />the proceeds of bonds. <br />G. Other <br />There was no Other business. <br />7. PROGRESS REPORTS <br />Mr. Hunt expressed his thanks to the Commission <br />and entire staff for the letters, cards and flowers he <br />received during his recent "four week vacation ". <br />17 <br />THERE WAS NO OTHER BUSINESS. <br />PROGRESS REPORTS <br />