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South Bend Redevelopment Commission <br />Regular Meeting -December 7, 2007 <br />6. NEW BUSINESS (CONT.) PusLic HEARING oN RESOLUTION No. 2398 <br />A. Public Hearing <br />(1) continued... <br />Public Hearing Resolution No. 2398 <br />The next resolution being considered is <br />Resolution No. 2398, Airport Economic <br />Development Area. <br />Mr. Gibney noted that the appropriation for <br />the Airport Economic Development Area is <br />for more than $27,000,000. He reminded <br />everyone that the AEDA TIF area was <br />expanded south this past year to include the <br />LaSalle Square, the Marycrest/Hurwich area, <br />and the former Sample-Ewing Development <br />Area, so the list of possible expenditures <br />include expenditures in those areas. Again, <br />at the top of the list are investments we must <br />make for such things as debt service. There <br />is also a lot of maintenance of infrastructure. <br />Other items of interest are the demolition of <br />Underground Pipe and Valve, acquisitions <br />related to Portage Prairie, and in the LaSalle <br />Square area, a million dollars for <br />infrastructure improvements and a possible <br />development project, a joint venture with St. <br />Joseph Regional Medical Center and <br />Memorial Hospital for a physicians' clinic on <br />Bendix Drive. Another project which isn't <br />on the budget, but may go forward is a 70+ <br />unit senior housing project along Bendix in <br />LaSalle Square. <br />Ms. Jones asked if there was anyone from the <br />public who wished to speak regarding <br />Resolution No. 2398. <br />9 <br />