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z <br />South Bend Redevelopment Commission <br />Regular Meeting - July 2, 1998 <br />6. NEW BUSINESS (CONT.) <br />c. Commission approval requested for <br />Resolution No. 1615, a supplemental <br />appropriation resolution of the City of <br />South Bend Redevelopment <br />Commission (Airport Economic <br />Development Area). <br />Mrs. Kolata asked that the following <br />items be entered into the record: <br />Affidavits from the South Bend Tribune <br />and Tri- County News that the Notice of <br />Public Hearing was published in those <br />newspapers on June 19, 1998. <br />Mrs. Kolata stated that this resolution <br />appropriates $1,447,824 in the Airport <br />Economic Development Area. This is tax <br />increment that will be used for both <br />making payments on the Airport Taxable <br />Bond and the Airport Tax Exempt Bond, <br />which are bonds that were used to acquire <br />the land in the Airport Economic <br />Development Area and the land on which <br />the Blackthorn Golf Course sits. Also, <br />some of the money will be used for direct <br />public expenditures for road construction <br />and various public improvement projects <br />that are being done in the Airport <br />Economic Development Area. The debt <br />service on the golf course bond issue is <br />carried through the golf course budget. <br />Mr. Hunt opened the public hearing for <br />anyone who wished to speak regarding <br />Resolution No. 1615. There was no one <br />who wished to speak regarding <br />Resolution No. 1615. Mr. Hunt closed <br />the public hearing for whatever action the <br />HAWPDATA \COMMSN\070298.M1N -6- <br />