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South Bend Redevelopment Commission <br /> Regular Meeting—Meetingdate <br /> 7. PROGRESS REPORTS <br /> A. Tax Abatement <br /> Mr. Inks noted that Commissioners were <br /> provided with a copy of Resolution No. 3095. <br /> At the last meeting it was noted that historically <br /> all tax abatements in TIF areas had come to the <br /> Redevelopment Commission for approval <br /> before going to the County Council. <br /> Resolution No. 3095 documents the action <br /> taken at the last meeting where the <br /> Commission voted to change the process for <br /> tax abatements. Tax abatements will now go <br /> directly to the Council and at the first <br /> subsequent Redevelopment Commission <br /> meeting will bring a summary of those tax <br /> abatements back for the Commission. But it <br /> removes the Commission from the approval <br /> process on tax abatements, eliminating two <br /> weeks from the processing time for abatements. <br /> There is no action required. It was approved at <br /> the last meeting but will be signed at this <br /> meeting. <br /> Mr. Varner asked what percentage of tax <br /> abatements fall in TIF areas. Mr. Inks <br /> responded that about 80-90% do. <br /> B. Common Council <br /> No report. <br /> C. Other <br /> Mr. Relos noted that at the August 16, 2012, <br /> Commission meeting approval was granted for <br /> staff to register and bid on three properties in <br /> the Ignition Park expansion area. The tax sale <br /> was held this past Thursday, September 20, <br /> 2012. Mr. Relos reported that the three <br /> properties were acquired at the minimum bid. <br /> 15 <br />