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2023-02-06 Common Council 2023 TIF Bond Presentation
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2023-02-06 Common Council 2023 TIF Bond Presentation
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2/8/2023 1:40:46 PM
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CITY OF SOUTH BEND <br />DEPARTMENT OF COMMUNITY INVESTMENT <br />Financing Structure <br />Issuance of bonds to <br />fund projects, not to <br />exceed $69 million <br />Redevelopment <br />Authority <br />Projects (Series A and Series B) <br />Redevelopment <br />Commission <br />TIF Revenues <br />(River East and River West) <br />New Debt <br />Lease <br />Lease payments from the Commission to the Authority <br />in exchange for use of the Leased Premises <br />Debt service <br />payments, not to <br />exceed 20 years
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