Laserfiche WebLink
South Bend Redevelopment Commission <br />Regular Meeting –April 17, 2009 <br /> <br />been responsible for maintenance of the Jon <br />Hunt Plaza. In an effort to trim its budget to <br />meet the city’s expected revenue shortfall, <br />they could not justify spending $10,000 per <br />year on a fountain. They informed the <br />Morris that they would not be maintaining it <br />in the future. Mr. Andres called Mr. Inks, <br />asking for funding. Mr. Inks asked him to <br />get an estimate for repairs and a resulting <br />estimate for ongoing maintenance. The <br />ongoing maintenance costs following these <br />improvements are expected to be around <br />$2,500 which Mr. Andres believes could be <br />handled within the Morris budget. <br /> <br />C <br />Upon a motion by Ms. King, seconded by <br />OMMISSION APPROVED THE EXPENDITURE OF <br />TIF <br /> FUNDS FOR REPAIRS AND IMPROVEMENTS TO <br />Mr. Downes and unanimously carried, the <br />JHP <br />ON UNT LAZA SUBJECT TO PREPARATION OF <br />Commission approved the expenditure of TIF <br />AMA <br />AN MENDMENT TO THE ASTER GENCY <br />funds for repairs and improvements to Jon <br />ABP <br />GREEMENT WITH THE OARD OF UBLIC <br />Hunt Plaza subject to preparation of an <br />W <br />ORKS <br />Amendment to the Master Agency <br />Agreement with the Board of Public Works. <br /> <br /> <br /> B. Airport Economic Development Area <br /> <br />(1) Resolution No. 2578 related to acquisition <br />of property in the AEDA. (1122 Grace St.) <br /> <br />Mr. Gibney noted that 1122 Grace St. was <br />added to the Airport Economic Development <br />Area Acquisition List by Resolution <br />No. 2455 on June 13, 2008. This two story <br />residence is located in a pocket area that is <br />surrounded on three sides by the Oliver <br />Industrial Park. To allow for the expansion <br />of the park and to remove non-conforming <br />land uses, the residents were approached <br />about selling their properties through a <br />“friendly” acquisition process. Upon <br />acquisition, the property will be cleared and <br />will be used to allow for the expansion of the <br />retention pond that is north of the property. <br /> 6 <br /> <br />