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South Bend Redevelopment Commission <br />,, Regular Meeting - March 3, 1995 <br />6. NEW BUSINESS (Cont.) <br />i. continued... <br />Upon a motion by Mr. Donoho, seconded <br />by Mr. Hunt and unanimously carried, the <br />Commission approved Resolution <br />No. 1325 approving an Addendum to the <br />Lease for the Airport Economic <br />Development Area Thx- Exempt Public <br />Improvement Project. <br />j. Staff report on Disposition of Property <br />in the Airport Economic Development <br />Area. <br />There was no report. <br />k. Commission approval requested for <br />Resolution No. 1326 determining to <br />appropriate monies for the purpose of <br />defraying the expenses of certain local <br />public improvements for the fiscal year <br />beginning January 1, 1995, and ending <br />December 31, 1995, including all <br />outstanding claims and obligations, <br />fixing a time when the same shall take <br />effect, and determining to establish <br />certain enterprise funds. <br />Mrs. Kolata noted that the Commission <br />previously approved the 1995 Operating <br />Budget for Blackthorn Golf Course. The <br />staff realized the need to set up an <br />enterprise fund in which to put the revenue <br />from the golf course and from which to <br />pay all expenses. Also, the budget is not <br />quite identical to what was previously <br />adopted. Total revenues and total <br />expenses are the same, but adjustments <br />C; -17- <br />COMMISSION APPROVED RESOLUTION NO. <br />1325 APPROVING AN ADDENDUM TO THE <br />LEASE FOR THE AIRPORT ECONOMIC <br />DEVELOPMENT AREA TAX - EXEMPT PUBLIC <br />IMPROVEMENT PROJECT <br />THERE WAS NO REPORT <br />