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South Bend Redevelopment Commission <br />Rescheduled Regular Meeting -August 25, 2006 <br />6. NEW BUSINESS (CONT.) <br />A. Public Hearing <br />() continued... <br />new housing opportunities, new business <br />opportunities. The Redevelopment <br />Commission also has the Sample-Ewing <br />Development Area, also in the inner city, <br />focusing on the Studebaker Corridor and the <br />southeast neighborhood. There have been <br />significant strides made in improvements in <br />the southeast neighborhood, there have been <br />millions of dollars committed to the <br />demolition and reclamation of the land for <br />Oliver Plow and the Stamping Plant site. <br />The other inner city projects include the <br />Northeast Neighborhood Development Area <br />which was established in the last three or <br />four years by the Redevelopment <br />Commission. It is also an inner city <br />neighborhood, and while that is a TIF area, it <br />does not generate its own increment. The <br />progress takes time to build up and, to date, <br />there has not been enough development to <br />generate TIF revenue in that area. But the <br />city, through other resources, has been <br />providing a half million dollars for the past <br />years, plus administrative funds for the <br />Northeast Neighborhood Organization, to <br />move that project ahead. Properties are <br />being acquired, plans are being made and <br />development will be occurring in the near <br />future. So, that area, again, is in the inner <br />city and is a Redevelopment Commission <br />project. <br />We could go around and, I suppose, cover <br />the rest of the redevelopment areas. I'm not <br />sure that's entirely necessary, so I will stop <br />there unless somebody desires to hear more <br />43 <br />