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RM 12-20-96
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RM 12-20-96
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South Bend Redevelopment Commission <br />Regular Meeting - December 20, 1996 <br />j. continued.... <br />Mrs. Kolata noted that in July the <br />Commission sold land in the Toll Road <br />Industrial Park to Precision Millwork and <br />Plastics, Inc. and that they have <br />completed their project and are occupying <br />their building. <br />Upon a motion by Mr. Hojnacki, <br />seconded by Mr. Donoho and <br />unanimously carried, the Commission <br />approved the Certificate of Completion <br />for Precision Millwork and Plastics, Inc. <br />L Commission approval requested for <br />Resolution No. 1483 determining to <br />pay certain expenses incurred for local <br />public improvements in or serving the <br />Sample -Ewing Allocation Area (South <br />Bend Allocation Area No. 8) from the <br />Sample -Ewing Allocation Area No. 8) <br />Special Fund. <br />Mrs. Kolata stated that this resolution <br />states the Commission's intent to <br />appropriate $2,000,000 of tax increment <br />and sets a public hearing for January 2, <br />1997 at 10:00 a.m. She noted that the <br />actual amount will be less than <br />$2,000,000, because they have not <br />received the total distribution for the end <br />of the year TIF settlements. <br />Upon a motion by Mr. Faccenda, <br />seconded by Mr. Hojnacki and <br />unanimously carried, the Commission <br />adopted Resolution No. 1483 determining <br />to pay certain expenses incurred for local <br />6. NEW BUSINESS (Cont.) <br />H:\ HOME \CPHMPS \WPDATA \COMMSNU 22096 NffN -18- <br />COMMISSION APPROVED THE CERTIFICATE OF <br />COMPLETION FOR PRECISION MILLWORK AND <br />PLASTICS, INC. <br />
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