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CITY OFSOUTH BEND OFFICE OF THE CLERK properties. We are just not trying to integrate those units into our portfolio. This is one (1) of our tests outside of a different project that went through the Supportive Housing Institute. That will apply for tax credits and that is in Indianapolis. We also have another property that is one hundred percent(100%)for developmentally disabled adults. So,we provide complete wrap around support services in that scenario as well. We are versed with what it takes. We have some senior projects where we have service coordinators and other tools to really bring services. Committee Chair Ferlic opened the floor to members of the public wishing to speak in favor of or in opposition to this legislation. There were none. He then turned the floor back to the Committee for further comment or main motion. Committeemember Regina Williams-Preston stated, First (1St), I want to say thank you. It is exciting to see a project that helps a different income level. I wanted to see how many units we are looking at for lower income. You said at one(1)point that one hundred and forty(140)units were at eighty percent(80%) AMI? Mr. Schulte replied, The one hundred and forty(140) units is how many we expect to retain based on their current income. So, it is actually the number is about one hundred and eight (108) total fifty percent (50%) AMI units, thirty-one (31) or so sixty percent (60%) and the remainder are eighty percent(80%). Committeemember Williams-Preston made a motion to send Bill No. 19-34 to the full Council with a favorable recommendation. Committeemember Sharon L. McBride seconded this motion which carried by a voice vote four(4) ayes. Bill No. 19-35- Resolution to Approve of the Written Order of the Area Plan Commission Regarding the Proposed Tax Increment Finance (TIF) Area Realignment Tim Corcoran, Director of Planning for the Department of Community Investment with offices located on the 14th floor of the County-City Building, stated, So, as you know, starting late last year, we started talking to you about adjusting our TIF District boundaries. This is kind of a culmination of all that work. Also, behind the scenes, a lot of work has gone into what are called the development plans. They are sort of the backing plans behind these documents. They are simple,but they are important to have. It helps lay out the goals and objectives that we would like to see expending TIF funds in a particular area. So today, I want to talk to you about why we are adjusting the TIF boundaries (referencing a slide in a presentation which is available in the City Clerk's Office), what the adjustments are, some development plan updates and then where we are in the process of the timeline. He continued,By adjusting the boundaries, it is possible for the City to be forward-looking to fund future priorities and planning initiatives in the added areas as we create a plan. Such priorities include infrastructure, community assets and development projects. I will get into some of that in a moment. So, this (referencing a slide in the presentation) is the City of South Bend. These are our major arteries. These are the five (5) TIF Districts. We are talking about each one (1) but Douglas Road. We are not amending that one (1). The areas in grey are the areas being removed. The areas in orange are the areas we are adding. I will show this in a clearer way in a second. There are also two (2) parts in which we are swapping areas already in a TIF but swapping them to a different TIF District.The two(2)are removing a few properties from West Washington into River EXCELLENCE ACCOUNTABILITY INNOVATION INCLUSION EMPOWERMENT 455 County-City Building 227 W.Jefferson Bvld South Bend,Indiana 46601 p 574.235.9221 f 574.235.9173 I 10574.235.5567 www.southbendin.gov 4