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RM 12-15-00
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RM 12-15-00
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South Bend Redevelopment Commission <br />Regular Meeting - December 15, 2000 <br />6. NEW BUSINESS (CONT.) <br />L Commission approval requested for <br />Resolution No. 1816 a resolution of the South <br />Bend Redevelopment Commission <br />determining its intent to pay certain expenses <br />incurred for local public improvements in or <br />serving the Airport Economic Development <br />Area Allocation Area No. 1 from the Airport <br />Economic Development Area Allocation Area <br />No. 1 Special Fund. <br />Mr. Inks noted that item 61, 6.g, and 6.h are all <br />preliminary resolutions indicating the intend to <br />appropriate TIF funds for next year for the <br />Airport Economic Development Area, the South <br />Bend Central Development Area, and the <br />Sample -Ewing Development Area. He stated <br />that the staff had purposely projected the <br />numbers high and that at the January 05, 2001 <br />meeting, the staff should have accurate numbers <br />for budgeting purposes. <br />Mr. Inks stated that the projected amount <br />needed for local public improvements in the <br />Airport Economic Development Area is <br />$6,000,000. <br />Upon a motion by Mr. Caldwell, seconded by <br />Ms. Jones and unanimously carried, the <br />Commission approved Resolution No. 1816 <br />determining its intent to pay certain expenses <br />incurred for local public improvements in or <br />serving the Airport Economic Development <br />Allocation Area No. 1 from the Airport <br />Economic Development Area Allocation Area <br />No. 1 Special Fund. <br />IRE <br />COMMISSION APPROVED RESOLUTION <br />NO. 1816 DETERMINING ITS INTENT TO PAY <br />CERTAIN EXPENSES INCURRED FOR LOCAL <br />PUBLIC IMPROVEMENTS IN OR SERVING THE <br />AIRPORT ECONOMIC DEVELOPMENT AREA <br />NO. 1 FROM THE AIRPORT ECONOMIC <br />DEVELOPMENT AREA ALLOCATION AREA <br />NO. 1 SPECIAL FUND <br />
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