08-21-17 Personnel and Finance (#2)

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well as colleagues to fully understand what the exact responsibilities were for each position. We are trying to get more detailed titles. We are hoping this new group will take on the neighborhood outreach and marketing of our community programs. I think residents aren't often aware of the programs that are being offered. This team would also manage our relationship with the Neighborhood Resources Connection. He then referenced a slide in the presentation that depicted the operating budget of the Department of Community Investment with all the different Funds the Department manages. He continued, There are City Funds that encompass Fund#211,Fund#212 the COIT and the EDIT Funds. Then there are Funds that are housekeeping Funds. These Funds are either debt-service Funds or are otherwise tied up and in some way relatively self-managed. There are also Redevelopment Funds that are appropriated by the Redevelopment Commission. The Community Investment Operations totals $2.8 million. This includes the addition of the Historic Preservation Committee staff which adds only two (2)positions. The promotions budget is slightly increased this year to take advantage of more proactive engagement strategies. We are trying to get a new software platform for business licensing and there is a slight increase in cost to that. There are Key Performance Indicators for the Department. There has been quite the turnover in the Department but a lot of activity has gone on despite all of that. In 2016, we announced five hundred and ninety-three (593)jobs created from our projects that were supported. There was also $207 million of private investment. We are a little shorter this year but part of that is due to more things happening without our financial support as well as our turnover. There has been a shift in TIF Fund spending where it isn't all on development deals. When we are looking forward to 2018, even if we're firing on all cylinders, we aren't sure DCI supported projects will be quite at the same level in terms of jobs and private investment. On the neighborhood side, we have owner-occupied rehabilitation staying roughly constant. We are looking to double that in 2018. Rental assistance is doubled this year from last.Year and we are looking to keep that up. Housing counseling has also been steady. Finally, we have been tracking the amount of residential units that we've incentivized. 2016 was a pretty good year for that as we had four hundred and seventy-five (475) and are on track for about three hundred (300) more. We are hoping to keep this level up going into next ye. He went on, There were many accomplishments from 2017. First and foremost, we are excited that the downtown two (2)-way street project is complete. We have already started to see investment increase due to that. We hope that project will continue to incentivize investment in our major corridors for many years to come. We've worked out a financing plan for the Parks and Trails Capital Investment across our City. There is about$16.4 million in TIF Funds included in that, but$10.7 million of that will be in a forthcoming bond that we will ask for Council's approval. This year on the Corridor Plan, we did Western Avenue Phase Two (2). We are hopeful that will be completed soon. We also did work along Fellows Street. We announced the agreement for the South Shore Project with the goal of reducing the trip to Chicago to ninety (90) minutes by the year 2020. The Federal Government is covering half of that total tracking cost, the State of Indiana is covering one forth, and the Counties are coving the remaining forth of the double-tracking cost. The City has agreed to fund the Relocation Project. We have the bike-share program with LimeBike and the Planning Team had much to do with it. On the Public Safety side of things, our Redevelopment Commission funded Fire Station Four(4)that is going on and we also helped the property acquisition agreement so Fire Station Nine (9) could be 4