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South Bend Redevelopment Commission <br /> Regular Meeting—August 16, 2012 <br /> 6. NEW BUSINESS (CONT.) <br /> B. Airport Economic Development Area <br /> (14) continued... <br /> That leaves approximately $7M every year <br /> that would be available for other needs. Each <br /> year the Commission prioritizes a list of <br /> projects. The intent of the TIF legislation is <br /> that the TIF funds should be spent each year <br /> or returned to the other taxing jurisdictions. <br /> C. West Washington-Chapin Development Area <br /> There was no business in the West Washington- THERE WAS NO BUSINESS IN THE WEST <br /> Chapin Development Area. WASHINGTON-CHAPIN DEVELOPMENT UREA. <br /> D. South Side Development Area <br /> (1) Fellows Street Project Update <br /> Mr. Schalliol said that staff plans to schedule FELLOWS STREET UPDATE <br /> a special Commission meeting within the <br /> next two weeks to give concerned residents <br /> the opportunity to hear a presentation on <br /> alternative routes and for Commissioners to <br /> hear the concerns of residents. Ms. Phipps <br /> will email Commissioners for schedule <br /> availability and schedule the meeting. <br /> E. Northeast Neighborhood Development Area <br /> There was no business in the Northeast THERE WAS NO BUSINESS IN THE NORTHEAST <br /> Neighborhood Development Area. NEIGHBORHOOD DEVELOPMENT UREA. <br /> F. Douglas Road Economic Development Area <br /> There was no business in the Douglas Road THERE WAS NO BUSINESS IN THE DOUGLAS <br /> Economic Development Area. ROAD ECONOMIC DEVELOPMENT AREA. <br /> 28 <br />