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227 W. JEFFERSON BOULEVARD <br />SUITE 1400 S. <br />SOUTH BEND, IN 46601 -1830 <br />CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR <br />COMMUNITY INVESTMENT <br />ScoTT FORD, EXECUTP ✓E DIRECTOR <br />July 6, 2015 <br />South Bend Common Council <br />4' Floor County -City Building <br />South Bend, IN 46601 <br />RE: Confirming Redevelopment Commission Determination that <br />Erskine Village TIF can be Released for 2016 <br />Dear Council Members: <br />PHONE: 574 /235 -9371 <br />FAX: 574/235 -9021 <br />Attached for the Common Council's consideration is a proposed resolution which <br />confirms a determination by the South Bend Redevelopment Commission to release the TIF <br />Revenues for the Erskine Village TIF (South Side Development Area Allocation Area #3) for <br />2016. <br />On June 25, 2015, the Commission determined that the TIF revenues for 2016 for Erskine <br />Village will not be needed to satisfy the obligations of the District and, therefore, can be released <br />to the various taxing units. In order for the release to take effect, state law requires the Common <br />Council confirm the determination made by the Redevelopment Commission. <br />Either Beth Leonard or I will present this Resolution to the Common Council. <br />Thank you for your consideration. <br />Sincerely, lied in C` t kk s OffiCe <br />'27-f le" — — <br />Brock Zeeb <br />„r <br />it SS:. <br />JOHN VOOHOE <br />CITY CLERK, SOUTH BEND, IN <br />ASSISTANT EXECUTIVE DIRE( TOR PLANNING NEIGHBORHOOD ENGAGEMENT ECONOMIC RFSOURCES <br />CHRISFIEI.DING JITIN KAIN PAMELA C. MEYER BROCKZEEB <br />