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South Bend Redevelopment Commission <br />Regular Meeting — October 25, 2012 <br />5. OLD BUSINESS (CONT.) <br />A. South Side Development Area <br />(1) continued... ` <br />Mr. Varner said he appreciated the efforts of Mr. Ford who inherited this project and the <br />efforts of those in the Department of Public Works who were willing to take a second look. <br />These traffic numbers really make sense. <br />Mr. Davis also thanked the residents for participating. He is pleased that more and more <br />people are participating in their government. That is what makes government function <br />well. He thanked Mr. Kain and Mr. Ford for their ears and eyes on this project to arrive at <br />this best solution. Thank you so much. <br />Upon a motion by Mr. Downes, seconded by Mr. Davis and unanimously carried, the <br />Commission authorized proceeding with the modified Option C -1 that was presented today. <br />6. NEW BUSINESS (CONT.) <br />A. Public Hearings <br />(1) Public Hearing on Tax Increment Financing Resolutions No. 3079 (AEDA), No. 3080 <br />(SBCDA), No. 3081 (WWCDA), No. 3082 (DTMSD), No. 3083 (NNDA Fund #1), No <br />3084 (NNDA Fund #2), No., 3685 (SSDA Fund #1), No. 3086 (SSDA Fund #3), No. 3087 <br />(DREDA) No. 3090 (Airport Bond Debt Service Reserve, No. 3091 (Blackthorn Golf <br />Debt Service Reserve), No. 3092 (Downtown Bond Debt Service Reserve). <br />Ms. Leonard noted that resolutions here will appropriate funding for 2013. This <br />appropriation is usually done early in the next year, but the administration has asked that all <br />appropriations be scheduled to coincide with the Council budget process. The total <br />appropriations are: <br />Allocation Area and Fund <br />Resolution No. <br />Not -to- Exceed <br />Airport Economic Development Area, Allocation <br />Resolution No. 3079 <br />$22,000,000 <br />Area No. 1 Fund <br />South Bend Central Development Area, (South <br />Resolution No. 3080 <br />$5,100,000 <br />Bend Allocation Area No. 1 A) Special Fund <br />West Washington Allocation Area <br />Resolution No. 3081 <br />$450,000 <br />(South Bend Allocation Area No. 7) <br />Special Fund <br />Downtown Medical Services District <br />Resolution No. 3082 <br />$3,600,000 <br />Special Fund <br />Northeast Neighborhood Devblopmetit Area <br />Resolution No. 3083 <br />$2,350,000 <br />No. 1 Fund + <br />„ <br />Northeast Neighborhood Development Area <br />Resolution No. 3084 <br />$3,228,500 <br />No. 2 Fund <br />19 <br />