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South B <br />Regular <br />6. NE <br />3 <br />C. <br />111 <br />E. <br />Redevelopment Commission <br />-ting — August 16, 2012 <br />BUSINESS (CONT.) <br />Economic Development Area <br />) continued... <br />That leaves approximately $7M every year <br />that would be available for other needs. Each <br />year the Commission prioritizes a list of <br />projects. The intent of the TIF legislation is <br />that the TIF funds should be spent each year <br />or returned to the other taxing jurisdictions. <br />est Washington- Chapin Development Area <br />was no business in the West Washington - <br />i Development Area. <br />outh Side Development Area <br />1) Fellows Street Project Update <br />Mr. Schalliol said that staff plans to schedule <br />a special Commission meeting within the <br />next two weeks to give concerned residents <br />the opportunity to hear a presentation on <br />alternative routes and for Commissioners to <br />hear the concerns of residents. Ms. Phipps <br />will email Commissioners for schedule <br />availability and schedule the meeting. <br />lortheast Neighborhood Development Area <br />here was no business in the Northeast <br />eighborhood Development Area. <br />F. Douglas Road Economic Development Area <br />was no business in the Douglas Road <br />mic Development Area. <br />28 <br />THERE WAS NO BUSINESS IN THE WEST <br />WASHINGTON- CHAPIN DEVELOPMENT AREA. <br />FELLOWS STREET UPDATE <br />THERE WAS NO BUSINESS IN THE NORTHEAST <br />NEIGHBORHOOD DEVELOPMENT AREA. <br />THERE WAS NO BUSINESS IN THE DOUGLAS <br />ROAD ECONOMIC DEVELOPMENT AREA. <br />