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South Bend Redevelopment Commission <br />Special Meeting - January 8, 1999 <br />6. NEW BUSINESS (CONT.) <br />b. continued.... <br />Mrs. Kolata stated that the resolution <br />determines the Commission's intent to <br />appropriate $1,600,000 of Tax Increment <br />for the purpose of paying expenses <br />incurred for local public improvements in <br />or serving the Airport Economic <br />Development Area. The resolution also <br />sets a public hearing for Friday, January <br />22, 1999, at 10:00 a.m. Mrs. Kolata also <br />stated that the $1,600,000 is expected to be <br />revised downward slightly as the actual <br />amount of increment is calculated. <br />Upon a motion by Mr. Faccenda, seconded <br />by Mr. Blake and unanimously carried, the <br />Commission adopted Resolution No. 1655 <br />determining its intent to pay certain <br />expenses incurred for local public <br />improvements in or serving the Airport <br />Economic Development Area Allocation <br />Area No. 1 from the Airport Economic <br />Development Area Allocation Area No. 1 <br />Special Fund. <br />c. Commission approval requested for <br />Resolution No. 1656 of the South Bend <br />Redevelopment Commission <br />determining its intent to pay certain <br />expenses incurred for local public <br />improvements in or serving the Sample - <br />Ewing Allocation Area (South Bend <br />Allocation Area No. 8) from the Sample - <br />Ewing Allocation Area (South Bend <br />Allocation Area No. 8) Special Fund. <br />HAWPDATATOMMSM010899.MIN -6- <br />COMMISSION ADOPTED RESOLUTION NO. 1655 <br />DETERMINING ITS INTENT TO PAY CERTAIN <br />EXPENSES INCURRED FOR LOCAL PUBLIC <br />IMPROVEMENTS IN OR SERVING THE AIRPORT <br />ECONOMIC DEVELOPMENT AREA ALLOCATION <br />AREA NO. 1 FROM THE AIRPORT ECONOMIC <br />DEVELOPMENT AREA ALLOCATION AREA NO. I <br />SPECIAL FUND <br />