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South Bend Redevelopment Commission <br /> Regular Meeting—September 13, 2012 <br /> 7. PROGRESS REPORTS <br /> A. Tax Abatement <br /> Mr. Inks suggested to the Commission the idea of <br /> removing the Commission from the list of entities <br /> that need to approve tax abatements. The Indiana <br /> state law changed a year or so ago. Previously, <br /> any tax abatement in a TIF area had to go through <br /> the Redevelopment Commission for approval. <br /> That is no longer required and it would shorten the <br /> tax abatement process by two weeks to make that <br /> change. Staff would continue to keep the <br /> Commission informed of abatements that go before <br /> the Council, but would do so in Progress Reports. <br /> Mr. Meteiver asked that Commissioners express <br /> their intent in a vote today. He would then prepare <br /> a resolution for the September 27 meeting. <br /> Upon a motion by Mr. Downes seconded by Mr. COMMISSION APPROVED BYPASSING THE <br /> Varner and unanimously carried, the Commission REDEVELOPMENT COMMISSION FOR THE TIF <br /> approved bypassing the Redevelopment TAX ABATEMENT PROCESS UPON UPCOMING <br /> RESOLUTION AT THE NEXT MEETING ON <br /> Commission for the TIF tax abatement process SEPTEMBER 27,2012. <br /> upon upcoming resolution at the next meeting on <br /> September 27, 2012. <br /> B. Other <br /> Mr. Inks noted that the Controller has asked that <br /> we go through a different budget process this year. <br /> In past years we have come forward in December <br /> with proposed TIF budgets for the following year. <br /> The administration wants all the budgets the <br /> Council must approve to be on the same schedule <br /> as the city's administrative budget. Therefore, at <br /> the next meeting, staff will be presenting <br /> resolutions establishing public hearing dates in <br /> October for 2013 for TIF bonds. <br /> 51 <br />