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South Bend Redevelopment Commission <br />Regular Meeting -December 7, 2007 <br />6. NEW BUSINESS (CONT.) <br />A. Public Hearing <br />(2) continued... <br />on Resolution No. 2404. <br />Jerry Niezgodski: The Leighton Retail <br />Space, is this on Michigan Street? <br />Ms. Jones: Yes. <br />Jerry Niezgodski: So is any of this money <br />going to defray LePeeps... it says <br />administrative and other fees; is this part of <br />the money that's going to defray their... <br />Cathy Catlin: CB Richard Ellis. This is the <br />budget for 2008. That expense was in 2007. <br />Mr. Peczkowski: The $21,000 that we wrote <br />off as forgiven debt, that was last year's <br />budget? <br />Mr. Inks: Yes. <br />There was no one else to speak regarding <br />Resolution No. 2404. Ms. Jones closed the <br />public hearing for whatever action the <br />Commission wished to take. <br />(3) Commission approval requested for <br />Resolution No. 2404. <br />Upon a motion by Mr. King, seconded by <br />Mr. Downes and unanimously carried, the <br />Commission approved Resolution No. 2404 <br />appropriating monies for the purpose of <br />defraying the expenses of certain local public <br />improvements for the fiscal year beginning <br />January 1, 2008 and ending December 31, <br />COMMISSION APPROVED RESOLUTION NO. 2404 <br />APPROPRIATING MONIES FOR THE PURPOSE OF <br />DEFRAYING THE EXPENSES OF CERTAIN LOCAL <br />PUBLIC IMPROVEMENTS FOR THE FISCAL YEAR <br />BEGINNING JANUARY 1, 2008 AND ENDING <br />DECEMBER 31, 2008, INCLUDING ALL <br />OUTSTANDING CLAIMS AND OBLIGATIONS, <br />FIXING A TIME WHEN THE SAME SHALL TAKE <br />EFFECT. (FUND 425, LEIGHTON RETAIL SPACE <br />AND COURTYARD <br />28 <br />