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Annual Spending Plan for 2025
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Annual Spending Plan for 2025
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12/3/2024 9:03:17 AM
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South Bend Redevelopment Commission <br /> neighborhood development corporations (pursuant to IC 36-7-14-12.2(a)(25)) as part of <br /> its annual spending plan if the need for such an expenditure materializes that would <br /> further the goals of the Redevelopment Commission. <br /> 5. Other legally permitted grants or loans <br /> As of the date of this report, the Redevelopment Commission does not anticipate <br /> expenditures in 2025 for any legally permitted grants or loans that have not been <br /> addressed elsewhere in this report. <br /> The Redevelopment Commission would consider providing other legally permitted grants <br /> or loans in 2025 as part of its annual spending plan if the need for such an expenditure <br /> materializes that would further the goals of the Redevelopment Commission. <br /> G. Professional Expenses (e.g., legal, accounting, project supervision expenses, and other) <br /> The Redevelopment Commission provides support for redevelopment projects, <br /> infrastructure projects, and other initiatives through expenditures for professional services <br /> including, but not limited to, legal services, engineering and design services, studies, and <br /> more. <br /> As of the date of this report, the Redevelopment Commission anticipates expenditures for <br /> professional expenses in 2025 will be $2,409,123. <br /> The Redevelopment Commission would consider additional expenditures for permitted <br /> professional expenses in 2025 as part of its annual spending plan if the need for such an <br /> expenditure materializes that would further the goals of the Redevelopment Commission. <br /> H. Expenditures Related to Capital and Operating Expenses for Police or Fire Services <br /> (including such things as salaries and benefits, and acquisition of public safety vehicles and <br /> equipment) <br /> As of the date of this report, the Redevelopment Commission does not anticipate <br /> expenditures in 2025 for expenditures related to capital and operating expenses for police or <br /> fire services. However, the Commission would consider expenditures related to capital and <br /> operating expenses for police or fire services as part of its annual spending plan if the need <br /> for such an expenditure materializes that would further the goals of the Redevelopment <br /> Commission. <br /> I. Expenditures from Proceeds of Bonds (Including Expenditures for Residential <br /> Housing Development Programs), Lease Financings, or Tax Anticipation Warrants <br /> As of the date of this report, the Redevelopment Commission does not anticipate <br /> expenditures in 2025 from proceeds of bonds (including expenditures for residential housing <br /> development programs), lease financings, or tax anticipation warrants that are not discussed <br /> elsewhere in this report. <br /> The Redevelopment Commission would consider expenditures from proceeds of bonds <br /> (including expenditures for residential housing development programs), lease financings, or <br /> 5 <br />
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