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resolutions establishing the former allocation areas, now <br />individual parcels within Sample -Ewing Allocation Area <br />(South Bend Allocation Area No. 8), <br />shall be allocated to the South Bend Redevelopment District, <br />and, when collected, paid into the Special Fund, that may be <br />used by the Commission only to: <br />a. Pay the principal of and interest on any <br />obligations payable solely from allocated tax <br />proceeds which are incurred by the redevelopment <br />district for the purpose of financing or refinancing <br />the redevelopment of that allocation area; <br />b. Establish, augment or restore the debt service <br />reserve for bonds payable solely or in part from <br />allocated tax proceeds in that allocation area; <br />c. Pay the principal of and interest on bonds <br />payable from allocated tax proceeds in that <br />allocation area and from the special tax levied <br />under I.C. 36- 7- 14 -27; <br />ce d. Pay the principal of and interest on bonds <br />issued by the City to pay for local public <br />improvements in or serving the allocation area; <br />e. Pay premiums on the redemption before maturity <br />of bonds payable solely or in part from allocated <br />tax proceeds in the allocation area; <br />f. Make payments on leases payable from allocated <br />tax premiums in the allocation area under I.C. <br />36 -7 -14 -25.2; <br />g. Reimburse the City for expenditures made by it <br />for local public improvements (which include <br />buildings, parking facilities, and other items <br />described in I.C. 36- 7- 14- 25.1(a)) in or serving the <br />allocation area; <br />h. Reimburse the City for rentals paid by it for a <br />building or parking facility in or serving the <br />allocation area under any lease entered into under <br />I.C. 36 -1 -10; <br />i. Pay all or a portion of the property tax <br />replacement credit to taxpayers in an allocation <br />area as determined by the Commission, in the amount <br />determined in the manner provided in I.C. <br />36- 7- 14- 39(b)(2)(I); <br />j. Pay expenses incurred by the Commission for <br />local public improvements that are in the allocation <br />area or serving the allocation area. Public <br />improvements include buildings, parking facilities, <br />and other items described in I.C. 26- 7- 14- 25.1(a); <br />k. Reimburse public and private entities for <br />expenses incurred in training employees of <br />industrial facilities that are located (1) in the <br />allocation area and (2) on a parcel of real estate <br />that has been classified as industrial property <br />E under the rules of the state board of tax <br />commissioners, all as provided in I.C. <br />36- 7- 14- 39(b)(2)(K): <br />x <br />Provided, however, that if future uses of property tax <br />proceeds allocated to the Special Fund are authorized or <br />permitted by amendment to the Act, including I.C. 36- 7- 14 -39, <br />after the effective date of this Resolution, those uses shall <br />also be authorized or permitted for property tax proceeds <br />allocated to the Special Fund. <br />-25- <br />