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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. 3085 (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 Resolution No. Not-to-Exceed <br /> Airport Economic Development Area,Allocation Resolution No. 3079 $22,000,000 <br /> Area No. 1 Fund <br /> South Bend Central Development Area, (South Resolution No. 3080 $5,100,000 <br /> Bend Allocation Area No. IA) Special Fund <br /> West Washington Allocation Area Resolution No. 3081 $450,000 <br /> (South Bend Allocation Area No.7) <br /> Special Fund <br /> Downtown Medical Services District Resolution No. 3082 $3,600,000 <br /> Special Fund <br /> Northeast Neighborhood Development Area Resolution No. 3083 $2,350,000 <br /> No. 1 Fund <br /> Northeast Neighborhood Development Area Resolution No. 3084 $3,228,500 <br /> No. 2 Fund <br /> 19 <br />