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07-12-12 Redevelopment Commission Minutes
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07-12-12 Redevelopment Commission Minutes
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South Bend Redevelopment Commission <br />Regular Meeting —July 12, 2012 <br />6. NEW BUSINESS (CONT.) <br />G. Other <br />(1 ) continued... <br />Commission for the year Pay 2013. The <br />Commissioners were provided lists of <br />projects that are under consideration for <br />2013. Some of the projects will not move <br />ahead; other projects will be added to these <br />lists as they arise. These are the projects that <br />are currently under consideration for 2013, <br />provided so there is some basis for saying the <br />Commission needs the TIF funds for 2013. <br />Upon a motion by Mr. Downes, seconded by <br />Mr. Alford and unanimously carried, the <br />Commission approved Resolution No. 3056 <br />determining that the tax increment which <br />may be collected in the year 2013 is needed <br />to satisfy obligations of the Commission and <br />that no excess assessed value may be <br />allocated to the respective taxing units and <br />other related matters. <br />(2) Certificate regarding Annual Financial <br />Information Disclosure (Century Center <br />Bond of 2008 Project an' 0 Eddy Street <br />Commons Bond of 2008 Project). <br />Upon a motion by Mr. Downes, seconded by <br />Mr. Alford and unanimously carried, the <br />Commission approved Certificate regarding <br />Annual Financial Information Disclosure <br />(Century Center Bond of 2008 Project and <br />Eddy Street Commons Bond of 2008 <br />Project). <br />26 <br />COMMISSION APPROVED RESOLUTION NO. 3056 <br />DETERMINING THAT THE TAX INCREMENT WHICH <br />MAY BE COLLECTED IN THE YEAR 2013 IS <br />NEEDED TO SATISFY OBLIGATIONS OF THE <br />COMMISSION AND THAT NO EXCESS ASSESSED <br />VALUE MAY BE ALLOCATED TO THE RESPECTIVE <br />TAXING UNITS AND OTHER RELATED MATTERS. <br />COMMISSION APPROVED CERTIFICATE <br />REGARDING ANNUAL FINANCIAL INFORMATION <br />DISCLOSURE (CENTURY CENTER BOND OF 2008 <br />PROJECT AND EDDY STREET COMMONS BOND <br />OF 2008 PROJECT). <br />
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