Laserfiche WebLink
South Bend <br />Regular Meg <br />elopment Commission <br />- June 28, 1991 <br />6. NEW BUSINESS (Cont.) <br />a. conuinuea... <br />affidavit of Cherie Jolly, <br />.tor of the Tri- County News that <br />Notice of Hearing was published <br />that newspaper on June 14, 1991; <br />3) a copy of Resolution <br />�. 999 which was the subject of <br />:public hearing. <br />. Auburn asked if there was any <br />jection to receiving these items <br />to the record. There was no <br />jection and they were so <br />:�eived. <br />Kolata explained that <br />ution No. 999 allows for the <br />!t expenditure of tax increment <br />Lce funds. The law allows the <br />anent to be used for a direct <br />diture rather than only for <br />payments or reimbursement to a <br />of government. <br />resolution appropriates <br />0,000 of tax increment finance <br />ds in the South Bend Central <br />elopment Area. This money is to <br />used for public improvements in <br />serving the South Bend Central <br />elcpment Area. The types of <br />enditures we are planning have <br />do with curb and sidewalk repair <br />the downtown and East Bank, the <br />chase of spare light poles and <br />ts, and engineering work for <br />sign of public improvements in <br />East Bank. <br />. Kolata noted that after <br />roval by the Cannission, the <br />olution would still require a <br />ring with a hearing officer f rccn <br />State Board of Tax <br />. Auburn asked if anyone desired <br />be heard regarding Resolution <br />. 999. There was no one who <br />sired to be heard. <br />IXII <br />