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RM 07-17-98
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RM 07-17-98
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South Bend Redevelopment Commission <br />Regular Meeting - July 17, 1998 <br />6. NEW BUSINESS (CONT.) <br />e. continued.... <br />Upon a motion by Mr. Donoho, seconded <br />by Mr. Blake and unanimously carried, the <br />Commission adopted Resolution No. 1623 <br />determining tax increment needed to <br />satisfy obligations of the Commission <br />regarding the West Washington- Chapin <br />Allocation Area (West Washington - <br />Chapin Allocation Area No. 1 A). <br />f. Commission approval requested for <br />Resolution No. 1624 determining tax <br />increment needed to satisfy obligations <br />of the Commission regarding the <br />Sample -Ewing Allocation Area (South <br />Bend Allocation Area No. 8). <br />Mrs. Kolata stated that this resolution <br />determines tax increment needed to satisfy <br />obligations of the Commission regarding <br />the Sample -Ewing Allocation Area. A <br />notice will be sent to the County Auditor <br />requesting that the TIF assessed value be <br />set aside for 1999. The TIF assessed value <br />would not be included in the calculation of <br />tax rates for other taxing jurisdictions. <br />Upon a motion by Mr. Donoho, seconded <br />by Mr. Blake and unanimously carried, the <br />Commission adopted Resolution No. 1624 <br />determining tax increment needed to <br />satisfy obligations of the Commission <br />regarding the Sample -Ewing Allocation <br />Area (South Bend Allocation Area No. 8). <br />H: \WPDATA \C0MMSN\071798.MIN -7- <br />COMMISSION ADOPTED RESOLUTION NO. 1623 <br />DETERMINING TAX INCREMENT NEEDED TO <br />SATISFY OBLIGATIONS OF THE COMMISSION <br />REGARDING THE WEST WASHINGTON - CHAPIN <br />ALLOCATION AREA (WEST WASHINGTON - CHAPIN <br />ALLOCATION AREA NO. IA) <br />COMMISSION ADOPTED RESOLUTION NO. 1624 <br />DETERMINING TAX INCREMENT NEEDED TO <br />SATISFY OBLIGATIONS OF THE COMMISSION <br />REGARDING THE SAMPLE -EWING ALLOCATION <br />AREA (SOUTH BEND ALLOCATION AREA NO. 8) <br />
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