My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
08-25-06 Redevelopment Commission Minutes Minutes
sbend
>
Public
>
Redevelopment Commission
>
Minutes
>
2000-2009
>
2006
>
08-25-06 Redevelopment Commission Minutes Minutes
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/13/2007 1:18:08 PM
Creation date
12/11/2007 4:51:00 PM
Metadata
Fields
Template:
General
Date
8/25/2006
Document Relationships
08-25-06 Agenda
(Superseded by)
Path:
\Public\Redevelopment Commission\Agendas & Packets\2006
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
73
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
South Bend Redevelopment Commission <br />Rescheduled Regular Meeting -August 25, 2006 <br />6. NEW BUSINESS (CONT.) <br />A. Public Hearing <br />() continued... <br />Ms. Greene also pointed out that there is a <br />clear distinction between an economic <br />development area and a redevelopment area. <br />While it is very easy to talk about TIF being <br />used generally, TIF is used very differently <br />in those two types of development are. This <br />is primarily due to the fact that the use of <br />TIF in each type of development area is <br />based upon the reasons that the development <br />area was established originally. Therefore, <br />the Development Plan imposed for each type <br />of development area will vary. In a <br />redevelopment area the Commission's focus <br />is eliminating blight. The findings on which <br />such designation of a redevelopment area is <br />based is that there are deteriorating buildings <br />and other conditions which cannot be turned <br />around without government involvement. <br />Conversely, in an economic development <br />area, the focus of the Development Plan is <br />increasing the tax base and creating jobs. <br />The findings on which the Commission's <br />designation of the economic development <br />area is based is that the area lacks the <br />infrastructure necessary for business <br />development TIF dollars get spent based on <br />the Development Plan in place for the <br />development area. In a nutshell, the <br />Development Plan for the area depends on <br />what you are trying to correct -blight or <br />lack of business development. <br />Mr. Peterson noted that Resolution No. 2254 <br />expands the Airport allocation area. It really <br />has nothing to do with the Portage Prairie <br />project. The developer has already obtained <br />45 <br />
The URL can be used to link to this page
Your browser does not support the video tag.