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South Bend Redevelopment Commission Regular Meeting—February 27, 2014 6. NEW BUSINESS (CONT.) A. Public Hearings (1) continued... February 7, 2014; an affidavit from Jason Jolly, Classified Manager of the Tri-County News, that the Notice of Hearing was published in that newspaper on February 7, 2014. Mr. March explained that the 2014 appropriations for each of these TIF areas was made October 10, 2013 so the amount of the appropriation was an estimate of what revenues would be received from the tax collection. The revenues were larger than expected; also, there were some projects that were in the budget for 2013 that did not get started, so the funds for those projects were not spent. The additional tax distribution and the unused 2013 project funds account for these supplemental appropriations in the Northeast Neighborhood Development Area and the Douglas Road Development Area. Resolution No. 3200 increases the budget for the NNDA by$450,000. The money will be used for Eddy Street Commons utilities. Ms. Jones opened the public hearing on Resolution No. 3200 for whoever wished to speak. There was no one who wished to speak. Ms. Jones closed the public hearing for whatever action the Commission wished to take. (2) Public Hearing on Resolution No.3201 appropriating tax increment fmancing revenues from Allocation Area Fund for the payment of certain obligations and expenses related to the Northeast Neighborhood Development Area Allocation Area#2. Mr. Relos noted that the public hearing file is complete, containing a copy of Resolution No.3199 determining to make the appropriation and setting the public hearing on Resolution No. 3201; a copy of the Notice of Hearing; a copy of Resolution No. 3201, the subject of the public hearing; an affidavit from Kim Wilson,President&Publisher of the South Bend Tribune,that the Notice of Hearing was published in that newspaper on February 7, 2014; an affidavit from Jason Jolly, Classified Manager of the Tri-County News,that the Notice of Hearing was published in that newspaper on February 7, 2014. Mr. March noted that the Northeast Neighborhood Development Area Allocation Area#2 is what we call the Residential TIF area. Resolution No. 3201 allocates$260,000 to be used for the Second Amendment with Kite for right of way. Ms. Jones opened the public hearing on Resolution No. 3201 for whoever wished to speak. There was no one who wished to speak. Ms. Jones closed the public hearing for whatever action the Commission wished to take. 3