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Redevelopment Commission Minutes 03.27.25 - Signed
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Redevelopment Commission Minutes 03.27.25 - Signed
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4/24/2025 10:52:59 AM
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4/24/2025 10:52:57 AM
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Dept of Community Investment
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CITY OF SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING – March 27, 2025 <br />9 <br />Glavich indicated the report will be corrected so that it is clear the <br />projections are based on a 2% escalator. Vice President Relos asked <br />about the remaining $800,000 left in the West Washington TIF district <br />after the South Bend Range demolition and Mr. Bauer explained that <br />the project revenues are about $667,000 in the West Washington TIF. <br />That would be in the June distribution and then the December <br />distribution. The TIF will have one distribution in 2026 to reach that <br />total. <br />6.Progress Reports <br />A.Tax Abatement <br />B.Common Council <br />C.Other <br />7.Next Commission Meeting <br />Thursday, April 10, 2025, 9:30 a.m. BPW Conference Room 13th Floor <br />8.Adjournment <br />Thursday, March 27, 2025, 10:53 a.m. <br />______________________________ ______________________________ <br />Eli Wax, Secretary Troy Warner, President
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