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South Bend <br />Regular Me <br />6. NEW BU <br />1. Co <br />elopment Commission <br />- February 26, 1988 <br />(Cont.) <br />comtlying with the conditions set forth <br />in he Contracts for Sale of Land. <br />ITUM <br />de <br />th, <br />7. PROGRE. <br />Mrs. K <br />Specim <br />mement <br />Mrs. K <br />signif <br />Bill 3 <br />approv <br />signat <br />the di <br />Eugeni <br />Richar <br />Swhier <br />Daniel <br />the pr <br />out of <br />Taxpay <br />tax in <br />Mrs. K <br />Board <br />petiti <br />the pr <br />garage <br />WE <br />legis <br />and o <br />a motion by Mr. Donoho, seconded by <br />Piasecki and unanimously carried, the <br />Fission authorized staff to give <br />ce to Raintree Point Associates for <br />el E1 -1 and to Mill Race, an Indiana <br />ted Partnership for parcels E3 -3, <br />, E3 -3A, E3 -4A, and E9 -11, that the <br />ission intends to revoke the <br />racts for Sale of Land at its Regular <br />ing on March 25, 1988, if the <br />.ults are not cured by 10:00 a.m. on <br />. date. <br />REPORTS <br />lata presented the Commissioners with <br />as of the bonds from the Bond Sale as a <br />. The Bond Closing was February 24. <br />ata noted that there has been <br />ant development recently in Senate <br />. Both the House and Senate have <br />.it and all that it requires is the <br />e of the Governor. She acknowledged <br />gent work of Senator Hunt as well as <br />Schwartz from Nickle and Piasecki, <br />Hill from Parker & Jaicomo, and Robert <br />nd Richard Starkey from Baker & <br />It will allow a credit similar to <br />erty tax replacement credit to be paid <br />chat would have been increment. <br />-s will not be penalized for being in a <br />-ement area. <br />to also noted that yesterday the <br />Zoning Appeals ruled favorably on our <br />for reduced size parking spaces in <br />sed St. Joseph /walne Street parking <br />complemented Mrs. Kolata for her <br />work on behalf of the T.I.F. <br />.on. He also thanked Senator Hunt, <br />legislators from St. Joseph County, <br />molls <br />COMMISSION AUTHORIZED STAFF TO <br />GIVE NOTICE TO RAINTREE POINT <br />ASSOCIATES AND MILL RACE, AN <br />INDIANA LIMITED PARTNERSHIP THAT <br />THE COMMISSION INTENDS TO REVOKE <br />THE CONTRACTS FOR SALE OF LAND <br />AT ITS REGULAR MEETING OF MARCH 25, <br />1988, IF THE DEFAULTS ARE NOT CURED <br />BY 10:00 A.M. ON THAT DATE <br />PROGRESS REPORTS <br />