Laserfiche WebLink
South Bend <br />Special Meg <br />2. NEW BUS <br />a. coy <br />10: <br />Mr. <br />bon <br />the <br />of <br />sem <br />the <br />We <br />fin <br />of <br />inc <br />tot <br />be <br />on <br />and <br />UPO <br />Mr. <br />Com <br />app <br />Sou <br />the <br />of <br />0 <br />elopment Commission <br />- August 31, 1990 <br />(Cont.) <br />ects; approving the proposed Lease; <br />duling a Public Hearing on the Lease <br />September 14th at 10:00 a.m.; and <br />orizing publication of the Notice of <br />is Hearing for September 14th at <br />0 a.m. <br />Howell asked what the size of the <br />I is. Mrs. Kolata responded that <br />e is no total for the bond. Instead <br />total, we are setting a maxim m <br />- annual lease payment. We will make <br />lease payments from tax increment. <br />rill be working closely with our <br />uncial advisor to determine what size <br />pond can be supported with tax <br />ement. The projects listed today <br />1 $6.3 million. We don't expect to <br />ble to fund all of those. It depends <br />Low far we can make the increment go <br />how the bond issue is structured. <br />a motion by Mr. Donoho, seconded by <br />Piasecki and unanimously carried, the <br />ission adopted Resolution No. 957 <br />owing a proposed Lease between the <br />h Bend Redevelopment Authority and <br />South Bend Redevelopment Commission <br />certain land and public improvements, <br />oving preliminary plans, <br />ifications and cost estimates for the <br />ects, setting a Public Hearing on the <br />osed Lease pursuant to IC <br />-14 -25.2, and authorizing publication <br />otice of the Public Hearing. <br />-4- <br />COMMISSION ADOPTED RESOLUTION NO. <br />957 APPROVING A PROPOSED LEASE <br />BETWEEN THE SOUTH BEND <br />REDEVELOPMENT AUTHORITY AND THE <br />SOUTH BEND REDEVELOPMENT' <br />OOMMISSION FOR CERTAIN LAND AND <br />PUBLIC IMPROVEMENTS, APPROVING <br />PRELIMINARY PLANS, SPECIFICATIONS <br />AND COST ESTIMATES FOR THE <br />PROTECTS, SETTING A PUBLIC <br />HEARING ON THE PROPOSED LEASE <br />PURSUANT TO IC 36 -7 -14 -25.2, AND <br />AUTHORIZING PUBLICATION OF NOTICE <br />OF THE PUBLIC HEARING <br />