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South Bend Redevelopment Commission <br />Regular Meeting -January 3, 2006 <br />6. NEW BUSINESS (CONT.) <br />G. South Side Development Area <br />(2) Commission approval requested for <br />Resolution No. 2213 setting a public <br />hearing on the appropriation of tax <br />increment financing revenues from <br />Allocation Area No. 3 fund for the <br />payment of certain obligations and <br />expenses related to the South Side <br />Development Area Allocation Area No. 3 <br />and other related matters. <br />Mr. Inks noted that Resolution No. 2213 sets <br />the appropriation amount at $450,000, which <br />is anot-to-exceed amount. It also authorizes <br />the advertising for a public hearing to be set <br />at 10:00 a.m., January 20, 2006 <br />Upon a motion by Mr. Downes, seconded by <br />Mr. Blake and unanimously carried, the <br />Commission approved Resolution No. 2213 <br />setting a public hearing on the appropriation <br />of tax increment financing revenues from <br />Allocation Area No. 3 fund for the payment <br />of certain obligations and expenses related to <br />the South Side Development Area Allocation <br />Area No. 3 and other related matters. <br />H. Northeast Neighborhood Development Area <br />There was no business for the Northeast <br />Neighborhood Development Area. <br />I. Other <br />7. PROGRESS REPORTS <br />Mr. Inks summarized the staff and Commission's <br />progress in 2006. In the Airport Economic <br />Development Area the new Woodwind and Brasswind <br />COMMISSION APPROVED RESOLUTION N0.2213 <br />SETTING A PUBLIC HEARING ON THE <br />APPROPRIATION OF TAX INCREMENT FINANCING <br />REVENUES FROM ALLOCATION AREA N0.3 <br />FUND FOR THE PAYMENT OF CERTAIN <br />OBLIGATIONS AND EXPENSES RELATED TO THE <br />SOUTH SIDE DEVELOPMENT AREA ALLOCATION <br />AREA N0.3 AND OTHER RELATED MATTERS <br />THERE WAS NO BUSINESS FOR THE NORTHEAST <br />DEVELOPMENT AREA <br />PROGRESS REPORTS <br />19 <br />