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South Bend Redevelopment Commission <br /> Regular Meeting—January 24, 2012 <br /> 6. NEW BUSINESS (CONT.) <br /> A. Public Hearings <br /> (2) continued... <br /> cover this year, debt service is almost $4 <br /> million dollars. There are projects that are <br /> already underway and approved by the <br /> Commission, such as the EMI demolition <br /> that the Commission has already approved or <br /> infrastructure for Ignition Park(Data Realty <br /> Project site improvements, generator, etc.). <br /> The actual amount that's available in the <br /> Airport TIF that is discretionary at this point <br /> is closer to $10 million. <br /> Upon a motion by Ms. King, seconded by COMMISSION APPROVED RESOLUTION No.2975 <br /> Mr. Alford and unanimously carried, the APPROPRIATING TIF REVENUES FROM <br /> Commission approved Resolution No. 2975 ALLOCATION AREA NO. 1 FUND FOR PAYMENT <br /> OF CERTAIN OBLIGATIONS AND EXPENSES <br /> appropriating TIF revenues from Allocation RELATED TO THE AIRPORT ECONOMIC <br /> Area No. 1 fund for payment of certain DEVELOPMENT AREA ALLOCATION AREA NO. 1. <br /> obligations and expenses related to the <br /> Airport Economic Development Area <br /> Allocation Area No. 1. <br /> (3) Consideration of Resolution No. 2976. <br /> Upon a motion by Ms. King, seconded by COMMISSION APPROVED RESOLUTION No.2976 <br /> Mr. Alford and unanimously carried, the AN ADDITIONAL APPROPRIATION FOR THE SOUTH <br /> Commission approved Resolution No. 2976 BEND CENTRAL DEVELOPMENT AREA. <br /> an additional appropriation for the South <br /> Bend Central Development Area. <br /> (4) Consideration of Resolution No. 2977. <br /> Upon a motion by Ms. King, seconded by COMMISSION APPROVED RESOLUTION No.2977 <br /> Mr. Alford and unanimously carried, the APPROPRIATING TIF REVENUES FROM <br /> Commission approved Resolution No. 2977 ALLOCATION AREA FUND FOR PAYMENT OF <br /> CERTAIN OBLIGATIONS AND EXPENSES RELATED <br /> appropriating TIF revenues from allocation TO THE WEST WASHINGTON-CHAPIN <br /> area fund for payment of certain obligations DEVELOPMENT AREA ALLOCATION AREA. <br /> and expenses related to the West <br /> 6 <br />