Laserfiche WebLink
South Bend Redevelopment Commission <br />Regular Meeting — November 1, 2002 <br />4. COMMUNICATIONS (CONT.) <br />LLC. The application was included on the October <br />18, 2002 Redevelopment Commission agenda as <br />Item 6.A.1. and tabled at that meeting. <br />5. OLD BUSINESS <br />There was no Old Business. <br />6. NEW BUSINESS <br />A. Public Hearing <br />(1) Public Hearing on Resolution No. 1916 <br />expanding the boundaries of the Airport <br />Economic Development Area, expanding <br />the allocation area for purposes of tax <br />increment financing and amending the <br />Airport Economic Development Area <br />Development Plan. <br />Mr. Case reported that Expansion Areas <br />No. 12, 13, 14 and 15 total approximately <br />54 acres of land located on Olive Road west <br />of the U.S. 31 by -pass; Portage Avenue <br />north of the 80/90 Toll Road; and north of <br />the 80/90 Toll Road, west of the U.S. 31 by- <br />pass (see attached map). The Airport <br />Economic Development Area is being <br />expanded in order to provide assistance for <br />infrastructure improvements to the area and <br />to allow for further development in the <br />Airport Economic Development Area. The <br />construction of the necessary infrastructure <br />to serve the various parcels would be <br />difficult to accomplish without the use of tax <br />increment funds. The expected benefits of <br />expanding the Allocation Area are as <br />follows: <br />L <br />THERE WAS NO OLD BUSINESS. <br />