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Community and Economic Development Committee <br /> November 11, 2002 <br /> Page 2 <br /> the Community Development Fund, for the purpose of defraying the administrative costs of the <br /> Department of Community&Economic Develop ent She noted that the source of the monies are <br /> from fees,interest income and staff support co <br /> Following discussion, Dr. Varner made a motion, seconded by Council Member Kirsits that Bill <br /> No. 8402 be recommended favorably to Council. The motion passed. <br /> Ms. Leonard then reviewed Bill No. 85-02 which would appropriate $48,920 from Fund 210, the <br /> economic development state grand fund, for the purpose of assisting ti ishs a companion of the <br /> bill D vi Bin <br /> of Economic Development's Administrative budget. She no <br /> No. 84-02 addressing administration costs. <br /> Following discussion, Council Member Kirsits r bid to motion,Council. The seconded b pa Council Member <br /> Kuspa that Bill No. 85-02 be recommended favorably <br /> d appropriate $130,000 within the tJDAG <br /> Ms. Leonard reviewed Bill No. 86-02 which woul administrative nt G of <br /> Fund, Fund # 410, for the Pl�S nt fop the 21003 program p support noted that this bill would <br /> Community 8E.Economic Development <br /> complete the appropriation of the department's administrative fund for 2003. <br /> Following discussion, Council Member Kirsits made a motion, seconded by Dr. Varner that Bill <br /> No. 86-02 be recommended favorably to Council. The motion passed. <br /> 000 among <br /> The last bill reviewed by Ms. Leonard was Bill No. of Community <br /> and <br /> 000 <br /> various accounts within Fund 212 in the Department <br /> Ms. Leonard noted that the funds are part of the 2003 Action Plan of 2000-2004 Housing and <br /> to ment Plan. <br /> Community p <br /> Y Deve <br /> Following discussion, Dr. Varner made a motion, <br /> Kirsits that Bill <br /> Council Member Kir <br /> econded by <br /> , <br /> No. 87-02 be recommended favorably to Council. The motion passed. <br /> Council Member King thanked Ms. Leonard for all of her efforts and her presentations on the six <br /> (6) proposed ordinances. <br /> then called for presentation on Bill No. 02-78 which was continued from King the P resolution Member Ki This res <br /> the Committee mi g Petitioner. Th <br /> the Committee meeting of October 28,2002 at the request of the P <br /> designate the area commonly known as the of Villas at Lake and adjacent Blackthorn <br /> US consisting as a residentially <br /> deri ally <br /> on 56 acres north of Brick Road and west <br /> distressed area for purposes of a five (5) year residential real property tax abatement for the South <br /> bend Redevelopment Commission for the benefit of the Cooreman Real Estate Group,Inc. <br /> Council Attorney Kathy Cekanski-Farrand noted her that <br /> ast week.Michael She noted that sincte11Monday is a City <br /> Division of Economic Development contacted <br /> holiday,that Mr. Hunt was requesting thatreviewed Mr. Beitzi gernseeP°.rt dated November 8 <br /> Beitzinger. Mrs. Cekanski-Farrand then 8, <br /> 2002 (copy attached). She noted that the annexation process for the project was completed on <br /> October 20, 2002. Both the Building Commissioner and Redevelopment <br /> included ent Comm <br /> in issi n reviewed <br /> the proposed project and found it to be in order. A new section wa <br /> and the Confirmatory Resolutions,as the request of the Council Attorney,which require the <br /> 1 st <br /> P U I <br /> 3 rc <br /> NO <br /> REFI <br /> PA5 <br />