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South Bend Redevelopment Commission Regular Meeting — January 24, 2012 6. NEW BUSINESS (CONT.) A. Public Hearings (8) Consideration of Resolution No. 2981. Upon a motion by Ms. King, seconded by Mr. Alford and unanimously carried, the Commission approved Resolution No. 2981 appropriating and transferring TIF revenues from Allocation Area No. 2 fund to the South Side Development Area Allocation Area No. 1 and other related matters. (9) Consideration of Resolution No. 2982. Upon a motion by Ms. King, seconded by Mr. Alford and unanimously carried, the Commission approved Resolution No. 2982 appropriating TIF revenues from Allocation Area No. 3 fund for payment of certain obligations and expenses related to the South Side Development Area Allocation Area No. 3. (10) Consideration of Resolution No. 2983. Upon a motion by Ms. King, seconded by Mr. Alford and unanimously carried, the Commission approved Resolution No. 2983 appropriating TIF revenues from Allocation Area No. 1 fund for payment of certain obligations and expenses related to the Douglas Road Economic Development Area Allocation Area No. 1. (11) Consideration of Resolution No. 2984. Upon a motion by Ms. King, seconded by Mr. Alford and unanimously carried, the Commission approved Resolution No. 2979 appropriating TIF revenues from allocation area fund for payment of certain obligations 8 COMMISSION APPROVED RESOLUTION NO. 2981 APPROPRIATING AND TRANSFERRING TIF REVENUES FROM ALLOCATION AREA No. 2 FUND TO THE SOUTH SIDE DEVELOPMENT AREA ALLOCATION AREA NO. 1 AND OTHER RELATED MATTERS. COMMISSION APPROVED RESOLUTION NO. 2982 APPROPRIATING TIF REVENUES FROM ALLOCATION AREA No. 3 FUND FOR PAYMENT OF CERTAIN OBLIGATIONS AND EXPENSES RELATED TO THE SOUTH SIDE DEVELOPMENT AREA ALLOCATION AREA NO. 3. COMMISSION APPROVED RESOLUTION NO. 2983 APPROPRIATING TIF REVENUES FROM ALLOCATION AREA NO. 1 FUND FOR PAYMENT OF CERTAIN OBLIGATIONS AND EXPENSES RELATED TO THE DOUGLAS ROAD ECONOMIC DEVELOPMENT AREA ALLOCATION AREA NO. 1. COMMISSION APPROVED RESOLUTION NO. 2979 APPROPRIATING TIF REVENUES FROM ALLOCATION AREA FUND FOR PAYMENT OF CERTAIN OBLIGATIONS AND EXPENSES RELATED TO THE NORTHEAST NEIGHBORHOOD DEVELOPMENT AREA ALLOCATION AREA NO. 2.