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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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T71523 - River East Residential (7 of 7) <br /> Original Establishment Area: <br /> Northeast Neighborhood Residential <br /> Indiana Code under which the TIF district is established: Filed in Clerk's Office <br /> IC 36-7-14 <br /> APR 0 4 2024 <br /> This TIF district is part of the following: <br /> Area needing redevelopment Bianca TiradoCity Clerk, South Bend IN <br /> Establishment Date: <br /> 11/17/2003 <br /> Expiration Date: <br /> 12/31/2037 <br /> Description: <br /> None <br /> Expansion Areas: <br /> None <br /> Debts: <br /> Debt Name Amount Owed Amount Paid <br /> 2015 Eddy Street Commons Refunding Revenue Bonds $25,947,000.00 $2,474,000.00 <br /> South Bend Redevelopment Authority Lease Rental Revenue Bonds <br /> of 2008 (Eddy Street Commons Project) <br /> 163-2017 Taxable Economic Development Revenue Bonds, Series $35,119,750.00 $1,929,875.00 <br /> 2017 (Eddy Street Commons Phase II) <br /> Parcels: <br /> Real Poperty: 343 <br /> Personal Property: 0 <br /> Other: 0 <br /> Total: 343 <br /> Total Gross AV: $336,271,900.00 <br /> Total Net AV: $289,037,785.00 <br /> Total Base AV: $16,907,106.00 <br /> Total Inc. AV: $272,130,679.00 <br />
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