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South Bend Redevelopment Commission Regular Meeting —July 26, 2011 Ms. King asked for clarification that TIF funds are at $495,000 right now to which Ms. Leonard -Inks agreed yes. Mr. Inks noted that the public hearing is complete containing: (1) A copy of Resolution No. 2906 determining to make the appropriation and setting the public hearing on Resolution No. 2907; (2) a copy of the Notice of Hearing; a copy of Resolution No. 2907, the subject of the public hearing; (3) an affidavit from Jacki Krolczyk, Advertising Director of the South Bend Tribune, that the Notice of Hearing was published in that newspaper on July 8, 2011; (4) and an affidavit from Richard Andrysiak, Classified Manager of the Tri- County News, that the Notice of Hearing was published in that newspaper on July 8, 2011. Ms. Jones opened the Public Hearing for anyone who wished to speak regarding Resolution No. 2907. There was no one who wished to speak. Ms. Jones closed the Public Hearing for whatever action the Commission wished to take. (2) Consideration of Resolution No. 2907. Mr. Varner questioned if the TIF funds were going to be used for the Hansel Center. Mr. Gibney responded that it was not and the city recently acquired the one -story office properties at the foot of Tippecanoe Place. These are for other potential acquisitions within the WWCDA. Upon a motion by Ms. King, seconded by Mr. Downes and unanimously carried, the Commission approved Resolution No. 2907 appropriating tax increment financing revenues from Allocation Area Fund for the COMMISSION APPROVED RESOLUTION NO. 2907 APPROPRIATING TAX INCREMENT FINANCING REVENUES FROM ALLOCATION AREA FUND FOR THE PAYMENT OF CERTAIN OBLIGATIONS AND EXPENSES RELATED TO THE WEST WASHINGTON -CHAMN DEVELOPMENT AREA ALLOCATION AREA.