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AM 01-08-99
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AM 01-08-99
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South Bend Redevelopment Commission <br />Special Meeting - January 8, 1999 <br />6. NEW BUSINESS (CONT.) <br />d. continued.... <br />Mrs. Kolata stated that the resolution <br />determines the Commission's intent to <br />appropriate $2,500,000 of Tax Increment <br />for the purpose of paying expenses <br />incurred for local public improvements in <br />or serving the South Bend Central <br />Allocation Area. The resolution also sets a <br />public hearing for Friday, January 22, <br />1999, at 10:00 a.m. Mrs. Kolata also <br />stated that the $2,500,000 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. 1657 <br />determining to pay certain expenses <br />incurred for local public improvements in <br />or serving the South Bend Central <br />Allocation Area (South Bend Allocation <br />Area No. IA) from the South Bend Central <br />Allocation Area (South Bend Allocation <br />Area No. 1 A) Special Fund. <br />e. Commission approval requested for <br />Resolution No. 1658 of the South Bend <br />Redevelopment Commission <br />determining to pay certain expenses <br />incurred for local public improvements <br />in or serving the West Washington - <br />Chapin Allocation Area (South Bend <br />Allocation Area No. 7) from the West <br />Washington - Chapin Allocation Area <br />(South Bend Allocation Area No. 7) <br />Special Fund. <br />HAWPDATA \C0MMSN\010899.MIN -8- <br />COMMISSION ADOPTED RESOLUTION NO. 1657 <br />DETERMINING TO PAY CERTAIN EXPENSES <br />INCURRED FOR LOCAL PUBLIC IMPROVEMENTS IN <br />OR SERVING THE SOUTH BEND CENTRAL <br />ALLOCATION AREA (SOUTH BEND ALLOCATION <br />AREA NO. IA) FROM THE SOUTH BEND CENTRAL <br />ALLOCATION AREA (SOUTH BEND ALLOCATION <br />AREA NO. IA) SPECIAL FUND <br />
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