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South BE <br />Regular <br />a. <br />a <br />C. <br />_nd Fedevelopment <br />Commission <br />Meeting <br />- November 27, 1987 <br />BUSINESS <br />(Cont.) <br />Continued... <br />indicated <br />that the department expects th <br />area <br />to be transformed to more of a <br />pedestrian <br />area over the next six or <br />seven <br />years as the land use in the area <br />changes. <br />He indicated that the issues <br />raised <br />by Mr. Guentert are being <br />addressed <br />during the design stage. <br />Mr. <br />Nimtz thanked Mr. Guentert for his <br />comments. <br />He asked if there were any <br />other <br />comments. There were none and he <br />concluded <br />the Public Hearing on this <br />matter <br />for whatever action the Commissio <br />desired <br />to take. <br />Commission <br />approval requested for <br />Resolution <br />No. 820 Supplemental <br />priation Resolution One of South <br />Ap r <br />Bend <br />Redevelopment District Tax Incremen <br />Revenue <br />Bonds of 1988. <br />Kolata explained that this is the <br />Mrs. <br />resolution <br />which appropriates the money <br />for <br />se once the bonds have been sold. <br />Upon <br />a motion by Ms. Auburn, seconded by <br />Mr. <br />Donoho and unanimously carried, the <br />Comm.Lssion <br />approved Resolution No. 820. <br />CommLssion <br />authorization requested to <br />reco <br />nd creation of a Redevelopment <br />Authority <br />for purposes of constructing a <br />parking <br />garage at St. Joseph and Wayne <br />Streets <br />in the South Bend Central <br />Development <br />Area. <br />Kolata noted that the department <br />Mrs. <br />sent <br />a letter to the Board of Public <br />Works <br />recommending that the one bid and <br />seven <br />proposals received for construction <br />and <br />financing of a parking garage at St. <br />Joseph <br />and Wayne Streets be rejected. WE <br />recoirmended <br />using a new provision in the <br />redevelopment <br />law that allows for the <br />establishment <br />of a Redevelopment <br />Aath <br />rity which could issue revenue bond! <br />-5- <br />COMMISSION APPROVED RESOLUTION <br />NO. 820 SUPPLEMENTAL APPROPRIATION <br />RESOLUTION ONE OF SOUTH BEND <br />REDEVELOPMENT DISTRICT TAX INCREMENT <br />REVENUE BONDS OF 1988 <br />