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South Bend Redevelopment Commission <br />Rescheduled Regular Meeting - June 25, 1999 <br />6. NEW BUSINESS (CONT.) <br />e. Commission approval requested for <br />Resolution No. 1689 of the South <br />Bend Redevelopment Commission <br />determining its intent to pay certain <br />expenses incurred for local public <br />improvements in or serving the <br />Airport Economic Development Area <br />Allocation Area No. 1 ( "Allocation <br />Area No. V) from the Airport <br />Economic Development Area <br />Allocation Area No. 1 Special Fund <br />(The "Allocation Fund "). <br />Jon Hunt stated that the resolution <br />states the Commission's intent to <br />appropriate $2,400,000 of Tax <br />Increment to pay for local public <br />Icimprovements in the Airport Economic <br />Development Area, and sets a public <br />hearing for July 16, 1999, at 10:00 a.m. <br />Upon a motion by Mr. Faccenda, <br />seconded by Mr. Blake and <br />unanimously carried, the Commission <br />adopted Resolution No. 1689 of the <br />South Bend Redevelopment <br />Commission determining its intent to <br />pay certain expenses incurred for local <br />public improvements in or serving the <br />Airport Economic Development Area <br />Allocation Area No. 1 ( "Allocation <br />Area No. 1 ") from the Airport <br />Economic Development Area <br />Allocation Area No. 1 Special Fund <br />(The "Allocation Fund "). <br />H: \WPDATA \C0MMSN\062599.MIN 13 <br />COMMISSION ADOPTED RESOLUTION NO. 1689 OF <br />THE SOUTH BEND REDEVELOPMENT COMMISSION <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. I ( "ALLOCATION AREA NO. I ") FROM <br />THE AIRPORT ECONOMIC DEVELOPMENT AREA <br />ALLOCATION AREA NO. I SPECIAL FUND (THE <br />"ALLOCATION FUND ") <br />