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South Bend Redevelopment Commission <br /> Regular Meeting—January 24, 2012 <br /> 6. NEW BUSINESS (CONT.) <br /> A. Public Hearings <br /> (14) continued... <br /> Ms. Jones opened the Public Hearing for <br /> anyone who wished to speak regarding <br /> Resolution No. 2986. There was no one who <br /> wished to speak. Ms. Jones closed the Public <br /> Hearing for whatever action the Commission <br /> wished to take. <br /> Mr. Varner asked when this would be paid <br /> off Ms. Leonard Inks responded that there <br /> will be one payment in 2013. <br /> (15) Consideration of Resolution No. 2986. <br /> Upon a motion by Mr. Varner, seconded by COMMISSION APPROVED RESOLUTION No.2986 <br /> Mr. Alford and unanimously carried, the DETERMINING TO APPROPRIATE MONIES FOR THE <br /> Commission approved Resolution No. 2986 PURPOSE OF DEFRAYING THE EXPENSES OF <br /> CERTAIN LOCAL PUBLIC IMPROVEMENTS FOR THE <br /> determining to appropriate monies for the FISCAL YEAR BEGINNING JANUARY 1,2012,AND <br /> purpose of defraying the expenses of certain ENDING DECEMBER 31,2012,INCLUDING ALL <br /> local public improvements for the fiscal year OUTSTANDING CLAIMS AND OBLIGATIONS, <br /> beginning January 1, 2012, and ending FIXING A TIME WHEN THE SAME SHALL TAKE <br /> December 31, 2012, including all outstanding EFFECT. <br /> claims and obligations, fixing a time when <br /> the same shall take effect. <br /> B. South Bend Central Development Area <br /> (1) Resolution No. 3004 accepting the transfer <br /> of real property from the South Bend <br /> Redevelopment Authority (Eleven <br /> Housing Development Corporation <br /> properties in Monroe Park). <br /> Mr. Relos noted that there are currently <br /> twelve Housing Development Corporation <br /> (HDC) properties in the Monroe Park area on <br /> which staff has been working through the <br /> 11 <br />