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1200 COUNTY -CITY BUILDING <br />227 W JEFFERSON BOULEVARD <br />SOUTH BEND, INDIANA 46601 -1830 <br />PHONE 5741235 -9371 <br />FAx 574/235 -9021 <br />TDD 574/ 235 -5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY & ECONOMIC DEVELOPMENT <br />June 18, 2008 <br />South Bend Common Council <br />227 W Jefferson <br />South Bend, IN 46601 <br />JEFFREY V. GIBNEY <br />EXECUTIVE DIRECTOR <br />�); t� NoI o� -sp <br />RE: A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF <br />SOUTH BEND, INDIANA, APPROVING A CERTAIN RESOLUTION <br />AND AMENDMENT TO THE DEVELOPMENT PLAN FOR THE <br />AIRPORT ECONOMIC DEVELOPMENT AREA TO BE <br />ADOPTED BY THE SOUTH BEND REDEVELOPMENT <br />COMMISSION <br />Dear Council <br />am requesting that this resolution be heard by the Council on the June 23, 2008 <br />meeting. This is for the expansion of the Airport Economic Development Area to <br />include the remainder of Portage Prairie. <br />Representatives of Economic Development and from Holladay Corporation will <br />present to the Council that the expansion of the AEDA to Include Portage Prairie; <br />is expected to create $6.1 million in real estate taxes, is expected to create 3800 <br />— 4400 jobs, is expected to generate $ 380 million in private investment. <br />If the Council approves this resolution, a public hearing will be held at the June <br />25, 2008 Redevelopment Commission for final approval. <br />Thank you, <br />Nic Witwer <br />Economic Development Planner <br />COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT <br />PAMELA C. MEYER DONALD E. INKS <br />5741235 -9660 5741235 -9371 <br />FAx: 574/235 -9697 <br />JC';';id VOur�?c <br />CITY CLERK, SO. 6{: A !N. <br />FINANCIAL & PROGRAM <br />MANAGEMENT <br />ELIZABETH LEONARD <br />574/235 -9371 <br />