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RM 07-10-92
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RM 07-10-92
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South Bend Redevelopment Commission <br />Megular Meeting - July 10, 1992 <br />6. NEW BUSINESS (Cont.) <br />c. continued... <br />Upon a motion by Mr. Piasecki, seconded <br />by Mr. Donoho and unanimously carried, <br />the Commission approved Resolution No. <br />1071 authorizing the execution of a Lease <br />for certain public improvements on behalf <br />of the City of South Bend and regarding <br />other related matters. <br />d. Commission approval requested for <br />Resolution No. 1072 determining tax <br />increment needed to satisfy obligations <br />of the Commission regarding the Airport <br />Economic Development Allocation Area <br />No. 1. <br />Mr. Hunt explained that every year about <br />this time the Commission determines <br />whether it needs the tax increment from <br />its allocation areas to continue carrying <br />out the plans and projects in the areas. <br />Items 6.d., 6.e., 6.f., 6.g., and 6.h. <br />are all resolutions determining that the <br />increment is needed in the different <br />geographic areas. <br />Upon a motion by Mr. Piasecki, seconded <br />by Mr. Donoho and unanimously carried, <br />the Commission approved Resolution <br />No. 1072 determining tax increment needed <br />to satisfy obligations of the Commission <br />regarding the Airport Economic <br />Development Allocation Area No. 1. <br />e. Commission approval requested for <br />Resolution No. 1073 determining tax <br />increment needed to satisfy obligations <br />of the Commission regarding the South <br />Bend Central Allocation Area (South Bend <br />Central Allocation Area No. 1A). <br />Upon a motion by Mr. Donoho, seconded by <br />Mr. Piasecki and unanimously carried, the <br />Commission approved Resolution No. 1073 <br />determining tax increment needed to <br />satisfy obligations of the Commission <br />regarding the South Bend Central <br />Allocation Area (South Bend Central <br />Allocation Area No. 1A). <br />-4- <br />COMMISSION APPROVED RESOLUTION <br />NO. 1071 AUTHORIZING THE <br />EXECUTION OF A LEASE FOR CERTAIN <br />PUBLIC IMPROVEMENTS ON BEHALF OF <br />THE CITY OF SOUTH BEND AND <br />REGARDING OTHER RELATED MATTERS <br />COMMISSION APPROVED RESOLUTION <br />NO. 1072 DETERMINING TAX <br />INCREMENT NEEDED TO SATISFY <br />OBLIGATIONS OF THE COMMISSION <br />REGARDING THE AIRPORT ECONOMIC <br />DEVELOPMENT ALLOCATION AREA NO. 1 <br />COMMISSION APPROVED RESOLUTION <br />NO. 1073 DETERMINING TAX <br />INCREMENT NEEDED TO SATISFY <br />OBLIGATIONS OF THE COMMISSION <br />REGARDING THE SOUTH BEND CENTRAL <br />ALLOCATION AREA (SOUTH BEND <br />CENTRAL ALLOCATION AREA NO. 1A) <br />
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