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South Bend Redevelopment Commission <br />Regular Meeting -February 15, 2008 <br />6. NEW BUSINESS (CONT.) <br />J. Other <br />(2) continued... <br />changes in the tax law. If the city is <br />considering altering its tax abatement policy, <br />it needs to do it with as much information as <br />possible. <br />Mr. Peczkowski noted that historical <br />information could be biased both ways. <br />When a study is done, you prove what you <br />want to prove. <br />Ms. Jones interrupted to say she is not <br />proposing a study, but research. We won't <br />draw any conclusions from it. It will be a <br />report of abatements that were approved, <br />revenue generated, and revenue that was <br />spent. Those are in budgets that are available <br />to anyone. We have collected that <br />information. We're not out to prove or <br />disprove anything. <br />Mr. Peczkowski responded that in the case of <br />jobs created, it might have been reported that <br />they were, but were they really? Ms. Jones <br />said that would be another discussion. Right <br />now she would just like the numbers <br />gathered together. <br />Mr. King stated that this discussion needs to <br />be framed so what was about to start here <br />doesn't happen. His understanding of the <br />Council's discussion is that they were <br />expressing concern about the effect of <br />legislation that may be passed by the Indiana <br />General Assembly between now and <br />March 14 and the effect it might have on <br />funds coming into our TIF districts and our <br />20 <br />