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South Bend Redevelopment Commission <br />RctularMcetina-January IG.?009 <br />6. NE«~ BUSI\ESS (CO'ST.) <br />H. Douglas Road Economic De~~clopment Area <br />(I) confinucd... <br />^u~re than what is show n on the intended <br />schedule. Anything available after that could <br />be used for other projects. It would be the <br />citv~s intent to use am extra to reimburse the <br />Misha~~~aka debt as quickly as possible and <br />then Major Mop es as quickly as possible. so <br />that the development area is no lon~~cr a <br />borrower. <br />Mr. Varner noted that the Council and its <br />president. Tim Rouse. have indicated that it <br />~~<u~ts the Major Moves money preserved and <br />available as it is unrestricted. <br />Upon a motion by Ms. ling, seconded bv_ <br />Mr. Alford and unanimously carried, the <br />Commission approved Resolution No. ?554 <br />ap~~roving and authorizint the execution of <br />an agency agreement by and bet~~een the <br />South Bcnd Rcdc~~clupmcnt Commission and <br />the City of South Bend, Indiana.. Board of <br />public Works relating to the Douglas Road <br />~y'idening Project. <br />(2) Resolution No. 2555 pledging certain tat <br />increment re~~enues ro the pa~~ment of the <br />~1isha~saka Grape Road T1F Loan and the <br />reimbursement of the South Bend Major <br />~9o~~es Fetid (Douglas Road ~~'idening <br />Project ) <br />Upon a motion by Ms. King. seconded by <br />Mr. A11~~rd and unaninunisly carricd_ the <br />Commission appro~ ed Resolution ~~o. ?555 <br />pledging certain tax increment rc~enucs to <br />the payment of the Mishawaka Grape Road <br />C'<~,~i~aissio~ -~i~i~izr~~~tn Rls~~i_~ nog No. ~~5-} <br />:APPROA IVC. A,4D Al T HURI/ItiG THL I Af.Cl 110A <br />OI' -~~ -ACir.AC1- A<iRLL X11-:A 1 Lil~ AVD (3L rN'EF:A <br />THC SOl-TH 13LAD RrDE\FI OPb1EVl <br />Co~i~tissio~ ~~~o ii~eCnvorSoinil3e~i~. <br />I,K DLIA.-A, I30:1RD OI' Phil I( \~'ORhS ItLLiCrIAG <br />rorin Dorci_,sRoai~A~'nxl~r~c,Pizoirci. <br />Crnniissiox,~r~i~RrneuRrsoi_r-iio~ No.'S>; <br />rirn<~nc ci-iz r:v~ i w isc izr ~ir~r izi ~rn~rrs <br />io i ur r>a~~ii_~:r or nn_ blissi.n~~ ~h ~ Gig-v>r <br />~ZO9D ~ IF I O9A' aVU I HI_ R1-1V ftIRSE~-II_A'T OF <br />rn~-Soy rn F3e~[~ NinioH \10~ i S Ir~~o <br />(Dn( GLyC ~LO:AD II~IDFy'I'~G YHOJ7 CT) <br />~~ <br />