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C SOUTH BEND REDEVELOPMENT AUTHORITY <br /> REGULAR MEETING <br /> October 6,2010 1308 County-City Building <br /> 1:30 p.m. 227 West Jefferson Boulevard <br /> Presiding: Jose Alvarez South Bend, IN 46601 <br /> The October 6, 2010 Regular Meeting of the Redevelopment Authority was called to order at 10:30 a.m. <br /> by its President, Jose Alvarez. There was a quorum present. <br /> 1. ROLL CALL <br /> Members Present: Mr. Jose Alvarez, President <br /> Mr. Ray Thomas, Secretary <br /> Member Absent: Ms. Carolyn V. Pfotenhauer, Vice President <br /> Redevelopment Staff: Mr. Don Inks, Director of Economic Development <br /> Mrs. Jenny Hullinger, Recording Secretary <br /> 2. APPROVAL OF MINUTES <br /> a. Approval of the minutes of February 17, 2010 <br /> Upon a motion by Mr. Thomas, seconded by Mr. Alvarez, the Authority approved the <br /> Minutes of the Regular Meeting of February 17, 2010. <br /> 3. NEW BUSINESS <br /> a. Authority approved requested for Certification of the South Bend Redevelopment <br /> Authority concerning coverage sufficient to enable redemption of outstanding bonds <br /> (Eddy Street Commons Project) <br /> Mr. Inks stated that we need to show that we have sufficient insurance to redeem the <br /> bonds or to cover the cost of reconstruction if for some reason the parking garage was <br /> destroyed. We have more than enough money and insurance to cover reconstruction if <br /> something happened. <br /> Upon a motion by Mr. Alvarez, seconded by Mr. Thomas, the Authority approved the <br /> request for certification of the South Bend Redevelopment Authority concerning coverage <br /> sufficient to enable redemption of outstanding bonds for the Eddy Street Project. <br /> 4. NEXT MEETING DATE: October 20, 2010 <br /> 5. ADJOURNMENT <br /> There being no further business to come before the Redevelopment Authority the meeting was <br /> adjourned at 1:40 p.m. <br /> arolyn Pfotenh er, V1�e�President D fi nald In s, Director <br />