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South Bend Redevelopment Commission <br />2 <br />B.Debt Payments <br />Anticipated debt payments in 2025 are provided below. <br />T71521 - River West Development Area <br />•Lease Rental Revenue Bonds of 2023, Series A: $1,226,400 <br />•Lease Rental Revenue Bonds of 2024, Series B: $1,505,740 <br />•200 - Lease Rental Revenue Bonds of 2019 (Double Tracking Project): $1,035,500 <br />•210 - Taxable Economic Development Tax Increment Revenue Bonds, Series 2020 <br />(Community Ed. Center): $325,615 <br />•South Bend Redevelopment Authority Lease Rental Revenue Refunding Bonds, <br />Series 2013: $283,500 <br />•013 - 2006 City of South Bend Main/Colfax Parking Garage Lease: $45,205 <br />•169 - Redevelopment District Bonds, Series 2018: $990,775 <br />•135 - 2015 Redevelopment Authority Lease Rental Revenue Bonds: $1,713,500 <br />T71522 - River East Development Area <br />•Lease Rental Revenue Bonds of 2023, Series A: $817,600 <br />T71523 - River East Residential <br />•2015 Eddy Street Commons Refunding Revenue Bonds: $2,470,000 <br />•163 - 20117 Taxable Economic Development Revenue Bonds, Series 2017 (Eddy <br />Street Commons Phase II): $1,955,125 <br />As of the date of this report, the total anticipated debt payments in 2025 will be $12,368,960. <br />The anticipated debt payments described above include permissible reimbursements to the <br />City of South Bend pursuant to IC 36-7-14-39(b)(4) for debt payments. <br />The Redevelopment Commission would consider additional debt payments in 2025 as part <br />of its annual spending plan if the need for such additional expenditures materializes that <br />would further the goals of the Redevelopment Commission. <br />C.Payments to Eligible Entities for Educational and Training Programs (e.g., School <br />Corporation(s)) (pursuant to IC 36-7-25-7) <br />As of the date of this report, the Redevelopment Commission anticipates payments in 2025 <br />to eligible entities for educational and training programs pursuant to IC 36-7-25-7 will be <br />$90,976. <br />The Redevelopment Commission would consider additional payments in 2025 to eligible <br />entities for educational and training programs (pursuant to IC 36-7-25-7) as part of its annual <br />spending plan if the need for such an expenditure materializes that would further the goals <br />of the Redevelopment Commission.