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SOUTH BEND REDEVELOPMENT COMMISSION
<br />Supporting Information - River West
<br />River West Development Area
<br />ESTIMATED ANNUAL TAX INCREMENT
<br />Taxes Estimated Existing Tax Increment
<br />Payable South Bend- South Bend- South Bend-
<br />Year Portage Twp. German Twp. Warren Twp.Total
<br />1)2)3)
<br />2023 8,491,060 9,903,310 783,290 19,177,660
<br />2024 8,585,020 10,023,320 783.290 19,391,630
<br />2025 8,697,580 10,685,010 783,290 20,165,880
<br />2026 8,733,350 10,577,750 783,290 20,094,390
<br />2027 8,949,440 10,759,410 783,290 20,492,140
<br />2028 9,175,370 10,636,500 783,290 20,595,160
<br />2029 9,195,590 10,920,570 783,290 20,899,450
<br />2030 9,215,780 10,260,220 783,290 20,259,290
<br />2031 9,806,200 10,263,650 783,290 (4) 20,853,140
<br />2032 9,806,200 10,278,580 20,084,780
<br />2033 9,093,100 10,195,670 19,288,770
<br />2034 9,093,100 10,150,020 19,243,120
<br />2035 9,093,100 10,150,020 19,243,120
<br />2036 9,093,100 10,150,020 19,243,120
<br />2037 9,093,100 8,660,690 17,753,790
<br />2038 3,468,550 550,890 4,019,440
<br />2039 1,087,980 220,480 1,308,460
<br />2040 1,087,980 220,480 1,308,460
<br />2041 87,940 220,480 308,420
<br />2042 87,940 220,480 308,420
<br />2043 87,940 220,480 308,420
<br />2044 87,940 220,480 308,420
<br />2045 87,940 (5) 220,480 (6) 308,420
<br />Totals 142,205,300 155,708,990 7,049,610 304,963,900
<br />1) See pages 9 and 10.
<br />2) See pages 11 and 12.
<br />3) See page 13.
<br />4) The entire portion of the Allocation Area within the South Bend - Warren Township taxing
<br />district expires following 2031.
<br />5) The final portion of the Allocation Area within the South Bend - Portage Township taxing
<br />district expires following 2045.
<br />6) The final portion of the Allocation Area within the South Bend - German Township taxing
<br />district expires following 2045.
<br />Subject to the attached letter dated December 2, 2022)
<br />Preliminary- Subject to Change)
<br />For Internal Use Only)
<br />8
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