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South Bend Redevelopment Commission <br />Regular Meeting -December 7, 2007 <br />6. NEW BUSINESS (CONT.) <br />A. Public Hearing <br />(1) continued... <br />Public Hearing Resolution No. 2400 <br />street grid on the Michigan Street "S-curve" <br />coming into the downtown. Those projects <br />proceed as developments occur at the <br />hospital, so we try to keep the money <br />appropriated at the beginning of the year and <br />ready to be used. However, its use is subject <br />to the time schedule of the hospital as it <br />develops new facilities. We are not sure it <br />will be spent in 2008. <br />Ms. Jones asked if there was anyone from the <br />public who wished to speak regarding <br />Resolution No. 2400. <br />GlendaRae Hernandez: Why do we need to <br />redo the S-curve? <br />Mr. Inks: Part of the development up there is <br />hampered. There are triangular parcels. <br />Restoring the street grid gets back to a more <br />developable site for the hospital's expansion. <br />Mr. Inks noted that all of the increment in the <br />Downtown Medial Services District TIF <br />comes from a taxable hospital property, <br />Navarre Place. 100% of the increment <br />comes from hospital development. <br />Mr. Peczkowski: Is that one of the few <br />taxable properties the hospital has? I recall <br />going through the list. There's not much <br />that's being taxed. <br />19 <br />