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CITY OF SOUTH BEND, INDIANA <br />Department of Community & Economic Development <br />Determination of TIF Need by Reviewing Potential Projects <br />for Calendar Year 2012 <br />Douglas Road Economic Development Area <br />ANTICIPATED TIF REVENUE - 2012 <br />DEBT SERVICE <br />Debt Service Payments <br />Increases in Debt Service Reserves <br />PROJECTS <br />Street Improvements <br />Bus Shelters <br />Description <br />$627,225 <br />Payments due for 2012 total $231,409' <br />None <br />Right turn lane at intersection of SR23 <br />Various locations throughout area <br />'NOTE: Expect to use any additional receipts to accelerate debt service <br />payments. Total outstanding debt @ 6/23/11 = $1,664,617.79. <br />