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City Of South Bend <br />West Washington - Chapin Development Area <br />Hansel Center Proposed Financing <br />Prepared 6/23/11 <br />Original Public Funding Commitment: <br />West Washington TIF 370,000 <br />Community Development Block Grant 130,000 <br />Total Original Public Funding 500,000 <br />Additional Requested Public Funding: <br />West Washington TIF 430,000 <br />Revised Total Public Funding 930,000 <br />West Washington TIF Cash @ 6/13/11 1,151,454 <br />Less: <br />Original Hansel Commitment 370,000 <br />Additional Hansel Request 430,000 <br />Cash Available for Other Projects 351,454 <br />Note: <br />West Washington revenues for 2011 are expected to be <br />$315,000 on 7/1/11 and another $315,000 on 12/31/11. <br />