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2023 South Bend Redevelopment Commission TIF Management Report
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2023 South Bend Redevelopment Commission TIF Management Report
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4/5/2024 11:18:40 AM
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4/5/2024 11:18:38 AM
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Gateway TIF Management - Redevelopment Report <br /> T71522 - River East Development Area (5 of 7) <br /> Original Establishment Area: <br /> Northeast Neighborhood Development Area <br /> Indiana Code under which the TIF district is established: Filed jr Clerk's Office <br /> IC 36-7-14 <br /> 4 2024 <br /> This TIF district is part of the following: <br /> Bier: ;:i Tir,icio <br /> Area needing redevelopment City Clerk, yeti, amid, IN <br /> Establishment Date: <br /> 11/17/2003 <br /> Expiration Date: <br /> 12/31/2033 <br /> Description: <br /> None <br /> Expansion Areas: <br /> # Name Est. Date Exp. Date Description Status <br /> 01 Central 11/10/2014 Unknown Active <br /> Development Area- <br /> east <br /> 02 River East 05/26/2022 Unknown Active <br /> Development Area <br /> Debts: <br /> Debt Name Amount Owed Amount Paid <br /> Lease Rental Revenue Bonds of 2023, Series A $43,191,000.00 $230,200.00 <br /> Parcels: <br /> Real Poperty: 2965 <br /> Personal Property: 0 <br /> Other: 0 <br /> Total: 2965 <br /> Total Gross AV: $541,041,000.00 <br /> Total Net AV: $369,314,619.00 <br /> Total Base AV: $139,850,975.00 <br /> Total Inc. AV: $229,463,644.00 <br />
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