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No. 1075 determining tax increment needed to satisfy obligations of the commission regarding the Studebaker Corridor Alllocation Area (No. 6)
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No. 1075 determining tax increment needed to satisfy obligations of the commission regarding the Studebaker Corridor Alllocation Area (No. 6)
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satisfy the anticipated obligations of the Commission over the term <br />or terms of those anticipated obligations, and that therefore all <br />of the potential captured assessment for the Allocation Area in <br />1993 shall be treated as captured assessment (as defined in the <br />Regulations). In making this determination, the Commission has <br />considered the effect that the determination will have on the <br />property tax rate in the Redevelopment District. <br />3. Any one of the President, Vice President and Secretary of <br />the Commission is hereby authorized and directed to immediately <br />notify the St. Joseph County Auditor of the determination made <br />herein by the Commission. <br />ADOPTED at a meeting of the South Bend Redevelopment Commission <br />held on July 10, 1992, at the Office of the Commission, located at <br />1200 County -City Building, 227 West Jefferson Boulevard, South <br />Bend, Indiana 46601. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />BY: 4k- CL /t/1 <br />• /ze—) .c/Lru <br />Paula N. Auburn, President <br />CW ))'L� 2':CA <br />ATTEST: <br />Michael Donoho, Secretary <br />Res1075 <br />
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