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South Bend Redevelopment Commission <br />Special Meeting - January 23, 1998 <br />6. NEW BUSINESS (CONT.) <br />a. continued.... <br />Mrs. Kolata stated that when Resolution <br />No. 1566 was initially adopted, it was in <br />the amount of $1,575,000. Resolution <br />No. 1567 reduces that amount to <br />$1,553,717. The funds being <br />appropriated are Tax Increment funds in <br />the Sample -Ewing Development Area <br />that will be used for various projects <br />within that area including acquisitions, <br />relocations, street improvements, <br />demolitions and other related costs. <br />Mr. Hunt opened the public hearing for <br />anyone who wished to speak regarding <br />Resolution No. 1567. There was no one <br />who wished to speak regarding <br />Resolution No. 1567. Mr. Hunt closed <br />the public hearing for whatever action the <br />Commission wished to take. <br />Ms. Schwartz asked if the staff has a <br />working budget of what it anticipates the <br />appropriated funds to spent on. Mrs. <br />Kolata responded that the staff is <br />compiling the working budget and she <br />will have a final report for the <br />Commission at a later date. <br />b. Commission approval requested for <br />Resolution No. 1567, a supplemental <br />appropriation resolution of the City of <br />South Bend Redevelopment <br />Commission (Sample -Ewing <br />Development Area) <br />Upon a motion by Ms. Auburn, seconded <br />F:\HOME\CPHEPPS\WPDATA\COMMSN\012398.MIN -3- <br />