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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 />South Bend Central Development Area <br />ANTICIPATED TIF REVENUE - 2012 <br />DEBT SERVICE <br />Debt Service Payments (1990 and 2003 bonds) <br />Increases in Debt Service Reserves <br />PROJECTS <br />Coveleski Neighborhood /Park <br />Downtown South Bend, Inc. <br />Downtown Street Improvement <br />East Bank Plan /2 Phases <br />Fat Daddies Holding & Pre - development <br />Hall of Fame - Planning <br />Hill & Colfax Mixed Use Development <br />LaSalle Hotel Holding Costs <br />Legal Fees <br />Main & Jefferson Parking Lot <br />Main & Western - Site Clean -up <br />Predevelopment <br />St. Joseph & Jefferson Parking Lot <br />WNIT - Parking and Fagade <br />6/23/2011 <br />Description <br />$4,515,666 <br />Debt Service payments of $1,917,885 due in 2012 <br />Funds necessary to keep Debt Services Reserves at appropriate levels <br />Improvements to ballpark and development of surrounding area <br />On -going commitment to assist in streetscape enhancement <br />Various street improvements to enhance downtown <br />On -going planning for East Bank area <br />Improvements to block at St.Joseph & Monroe <br />Planning for adaptive re -use of Hall of Fame building <br />New development at eastern edge of East Bank area <br />Costs to hold building until new development project is underway <br />Legal fees to further downtown development <br />Expenses related to operation of parking lot <br />Curb, greenspace and striping improvements <br />Appraisal, title, survey, etc. <br />Management of parking lots <br />Completion of improvements <br />F:\ DATA\ SHARE \ECONDEV\FPM \Budgets \Budget 2012 \Projected TIF need 2011 .xIs <br />