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South Bend Redevelopment Commission <br /> Regular Meeting—September 27, 2011 <br /> 6. NEW BUSINESS (CONT.) <br /> C. Airport Economic Development Area <br /> (4) continued... <br /> commitment. Baker Daniels in Washington, <br /> DC, has been working with staff to find <br /> funds for the project. <br /> Mr. Downes expressed his concern over the <br /> lack of the commitment to reimburse. Is it <br /> necessary for the Commission to expend the <br /> money before we have a firm commitment to <br /> be reimbursed? He would like approval to be <br /> subject to getting a firm commitment on the <br /> reimbursement. <br /> Mr. Inks responded that the Commission <br /> doesn't have to spend the money before <br /> knowing. He said in his mind if there is <br /> consensus between the Administration and <br /> the Council that the financing can proceed, <br /> then the Commission can provide TIF funds <br /> understanding that they would not get <br /> reimbursed until the financing was in place, <br /> perhaps a month or two. Consensus, a <br /> promise, from those two sources would be a <br /> sufficient commitment. <br /> Upon a motion by Mr. Varner, seconded by COMMISSION APPROVED RESOLUTION No.2918 <br /> Mr. Arnold and unanimously carried, the APPROVING AND AUTHORIZING THE EXECUTION <br /> Commission approved Resolution No. 2918 OF AN ADDENDUM TO THE MASTER AGENCY <br /> AGREEMENT(REGIONAL FIRE TRAINING <br /> subject to final approval of a financing CENTER PROJECT)IN THE AMOUNT$206,900 <br /> package which includes reimbursement to the SUBJECT TO FINAL APPROVAL OF FINANCING <br /> Commission for $191,900. PACKAGE WHICH INCLUDES REIMBURSEMENT TO <br /> THE COMMISSION FOR$191,900. <br /> (5) Resolution No. 2940 related to acquisition <br /> of property in the Airport Economic <br /> Development Area (1512 Kemble). <br /> Mr. Relos noted that 1512 S Kemble was <br /> 20 <br />