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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 />ability to service the outstanding debt on <br />those TIF districts. They were not opening <br />up a discussion of the whole philosophical <br />underpinning of tax abatements and whether <br />we should have them or not. They were <br />talking about a temporary moratorium on tax <br />abatements until we know better what the <br />effects onus will be of legislation that <br />eventually emerges from the General <br />Assembly. Mr. King said that he will not as <br />a Redevelopment Commissioner engage in a <br />discussion any broader than that specific <br />topic: a temporary moratorium on tax <br />abatements, pending our learning the effects <br />of legislation that's being discussed in the <br />General Assembly. Life is too short to <br />reexamine public policy that has been in <br />place for decades in the State of Indiana and <br />the City of South Bend. The Commission is <br />closer to the ground when it comes to these <br />tax abatement projects than the Council is. <br />We could be of service to them and help <br />them in making public policy by providing <br />information from our historical records and <br />from our knowledge of things that might be <br />in the pipeline. If we can help the Council in <br />this period of uncertainty, that's part of our <br />job. <br />Mr. Peczkowski asked where that discussion <br />could take place. Mr. King responded that it <br />should be discussed with the Common <br />Council. <br />Mr. Blake stated that issuing a temporary <br />moratorium seems like a sensible thing to do. <br />21 <br />