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South Bend Redevelopment Commission <br /> Regular Meeting—May 24, 2011 <br /> 6. NEW BUSINESS(CONT.) <br /> C. Airport Economic Development Area <br /> (2) continued... <br /> requesting an additional appropriation <br /> because we have already contracted for the <br /> work in original appropriation and expect we <br /> can get more done this year. The <br /> Commission has approved and staff has <br /> contracts are pending for about$4,000,000, <br /> subject to an$8,500,000 appropriation <br /> resolution to be considered on June 14. So <br /> these aren't things that we hope to do,these <br /> are things that are actually moving forward. <br /> Upon a motion by Mr. Downes, seconded by COMMISSION APPROVED RESOLUTION No.2880 <br /> Mr. Alford and unanimously carried,the SETTING A PUBLIC HEARING ON THE <br /> Commission approved Resolution No. 28 80 APPROPRIATION OF TAX INCREMENT FINANCING <br /> setting a public hearing on the appropriation FOR 4:00 P.M.,JUNE 14,2011 <br /> of tax increment financing for 4:00 p.m., <br /> June 14, 2011. <br /> (3) Easement and Right of Way for Indiana <br /> Michigan Power along two properties in <br /> Oliver Industrial Park. <br /> Mr. Sikora noted that there are two <br /> "Requests of Easement&Right of Way" <br /> from Indiana Michigan Power for two <br /> properties located in Oliver Industrial Park. <br /> The purpose of the easements is for the <br /> installation of electrical utilities. These two <br /> requests have been reviewed by legal counsel <br /> and vetted through the Department of Public <br /> Works. <br /> Upon a motion by Mr. Downes, seconded by COMMISSION APPROVEDTHE EASEMENT AND <br /> Mr. Varner and unanimously carried,the RIGHT OF WAY FOR INDIANA MICHIGAN POWER <br /> Commission approved the Easement and ALONG TWO PROPERTIES IN OLIVER INDUSTRIAL <br /> PARK. <br /> 23 <br />