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Bill 16-54 Erskine Village TIF Release
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Bill 16-54 Erskine Village TIF Release
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4/26/2017 9:58:34 AM
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6/8/2016 10:28:14 AM
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City Council - City Clerk
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16-54
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227 W. JEFFERSON BOULEVARD <br />SUITE 1400 S. <br />SOUTH BEND, IN 46601 -1830 <br />June 6, 2016 <br />CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR <br />COMMUNITY INVESTMENT <br />BRIAN PAWLOWSHI, ACTING EXECUTIVE DIRECTOR <br />South Bend Common Council <br />4th Floor County -City Building <br />South Bend, IN 46601 <br />RE: Confirming Redevelopment Commission Determination that <br />Erskine Village TIF can be Released for 2017 <br />Dear Council Members: <br />PHONE: 574/235 -9371 <br />FAX: 574/235 -9021 <br />Filed in Clerk's Office <br />JUN 06 2016 <br />KAREEMAH FOWLER <br />CITY CLERK, SOUTH BEND, IN <br />Attached for the Common Council's consideration is a proposed resolution which confirms a <br />determination by the South Bend Redevelopment Commission to release the TIF Revenues for the <br />Erskine Village TIF (South Side Development Area Allocation Area #3) for 2017. <br />On June 13, 2016, the Commission will formalize their determination of the TIF revenues of 2017 <br />for Erskine Village will not be needed to satisfy the obligations of the District and, therefore, can <br />be released to the various taxing units. In order for the release to take effect, state law requires the <br />Common Council confirm the determination made by the Redevelopment Commission. <br />Either Aaron Kobb or I will present this Resolution to the Common Council. <br />Thank you for your consideration. <br />Sincerely, <br />ea th Leonard Inks <br />PLANNING NEIGHBORHOOD ENGAGEMENT ADMINISTRATION & FINANCE ECONOMIC RESOURCES j [� <br />t� V- <br />TIM CORCORAN PAMELA C. MEYER ELIZABETH LEONARD INKS AARON KOBB lJ" <br />
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