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South Bend Redevelopment Commission <br /> Regular Meeting—July 10, 2014 <br /> 6. NEW BUSINESS (CONT.) <br /> D. South Side Development Area <br /> There was no business in the South Side Development Area. <br /> E. Northeast Neighborhood Development Area. <br /> (1) Officer's Certificate related to the Redevelopment Authority Lease Rental Revenue <br /> Bond of 2008 (Eddy Street Commons Project) <br /> Mr. March noted that as a requirement of the Continuing Disclosure Undertaking Agreement <br /> for the Eddy Street Commons Bonds, the City of South Bend must file the City of South <br /> Bend Annual Financial Report with the Municipal Securities Rulemaking Board on the <br /> Electronic Municipal Market Access web site "EMMA"no later than June 30, 2014. <br /> Herschel Frierson of Crowe Horwath has confirmed that that report was filed by the <br /> deadline. <br /> Upon a motion by Mr. Inks, seconded by Mr. Downes and unanimously carried, the <br /> Commission approved the Officer's Certificate related to the Redevelopment Authority <br /> Lease Rental Revenue Bond of 2008 (Eddy Street Commons Project) <br /> (2) Certificate Regarding Annual Financial Information Disclosure related to the <br /> Redevelopment Authority Lease Rental Revenue Bond of 2008 (Eddy Street Commons <br /> Project) <br /> Mr. March also noted that under the agreement the city must disclose any material events as <br /> listed in the Continuing Undertaking Agreement. The city does not have any material events <br /> to disclose for the year ended December 31, 2013. According to John Murphy, City <br /> Controller, the city has complied with the requirements listed in the Letter dated June 2, <br /> 2014 from Jen Edwards, Assistant Vice President of US Bank. <br /> Upon a motion by Mr. Inks, seconded by Mr. Downes and unanimously carried, the <br /> Commission approved the Certificate Regarding Annual Financial Information Disclosure <br /> related to the Redevelopment Authority Lease Rental Revenue Bond of 2008 (Eddy Street <br /> Commons Project) <br /> F. Douglas Road Economic Development Area <br /> There was no business in the Douglas Road Economic Development Area. <br /> G. Other <br /> (1) Resolution No. 3221 determining that the tax increment which may be collected in the <br /> year 2015 is needed to satisfy obligations of the Commission and that no excess <br /> 5 <br />