02-11-08 Community and Economic Development

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Fm .~" Community and Economic Development Committee 2008 South Bend Common Council The February 11, 2008 meeting of the Community and Economic Development Committee of the South Bend Common Council was called to order by its Chairperson Council Member Derek Dieter at 3:55 p.m. in the Council's Informal Meeting Room. Persons in attendance included Council Members Dieter, Varner, Henry Davis, White, LaFountain, Rouse, Oliver Davis, Kirsits, and Puzzello; Mayor Stephen Luecke, Public Works Director Gary Gilot, Interim City Controller John Murphy, Don Inks, Elizabeth Leonard, Mrs. Kopola, Martha Lewis, Ann Kolata, Tom Price, Robert Mathia, City Clerk John Voorde, Jeff Vitton, Bill Schalliol, Marty Wolfson, Bill Hollingsworth, Mark Smith, Jeff Gibney, Catherine Andres, Jamie Loo of the South Bend Tribune and Kathleen Cekanski-Farrand, Council Attorney. Council Member Dieter noted that the Committee members include Council Members Henry Davis, Ann Puzzello, Karen White and himself as Chairperson. Council Member Dieter then introduced the two (2) citizen members of the Committee: Catherine Andres and Mark Smith. Bill No. 09-08: Administration Request to Close SEDA TIF Fund No. 414 and Transfer Funds to AEDA TIF Fund No. 324: Council Member Dieter called for a formal presentation on Bill No. 09-08 which is a request to closie the SEDA TIF Fund No. 414 and transfer said funds to the AEDA TIF Fund No. 324. Elizabeth Leonard, Director of Financial & Program Management for the community & Economic Development Department made the presentation. Ms. Leonard stated that the Bill would close the Sample-Ewing Development Area (SEWDA) TIF Fund (Fund 414) and transfer all of the remaining monies to the Airport Economic Development Area (AEDA) TIF Fund No. 324. This would be consistent with the expansion of the AEDA which will include the SEDA boundaries; and facilitate improved accountability. In response to a question from Council Member Dieter, Ms. Leonard stated that the balance in the fund is $648,788.70 and that encumbrances outstanding total $24,006.15. There was no one from the public who spoke in favor or in opposition to the Bill.