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South Bend Redevelopment Commission <br />Regular Meeting -July 21, 2000 <br />4. COMMUNICATIONS <br />There were no Communications. THERE WERE NO COMMUNICATIONS <br />5. OLD BUSINESS <br />There was no Old Business. <br />6. NEW BUSINESS <br />THERE WAS NO OLD BUSINESS <br />Mr. Inks noted that there would be two additions to <br />the agenda, items 6.n and 6.o. Mr. Hunt requested <br />that item 6.b be heard first. There were no <br />objections and the agenda was amended. <br />b. Commission approval requested for <br />Resolution No. 1784 determining to levy a <br />special tax in the amount sufficient to pay <br />lease rental payments in connection with the <br />lease between the South Bend Redevelopment <br />Commission and the South Bend <br />Redevelopment Authority relating to the Hall <br />of Fame Project. <br />Ms. Greene noted that the lease was previously <br />approved by order of the approval of the State <br />Tax Board in November 1993 and that approval <br />is sought pursuant to a pledge resolution that was <br />previously adopted by the Commission on <br />June 17, 1994. <br />Mayor Luecke noted that the Hall of Fame is <br />actually owned by the Redevelopment Authority <br />and that the authority has issued lease revenue <br />bonds, which leases the Hall to the <br />Redevelopment Commission. <br />Mayor Luecke noted that the Redevelopment <br />Authority is in the process of refunding the initial <br />bonds with a new series of bonds that will <br />-3- <br />