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<br />South Bend <br />Redevelopment Commission <br />215 S. Dr. Martin Luther King, Jr. Blvd., Room 301, South Bend, Indiana <br /> <br /> <br /> <br />Redevelopment Commission Agenda Item <br /> <br />DATE : January 8, 2025 <br /> <br />FROM: Leslie Biek, Assistant City Engineer <br /> <br />SUBJECT: 2026 Rebuilding our Streets Budget Request <br /> <br /> <br /> <br /> <br />Funding Source* (circle) River West; River East; South Side; Douglas Road; West Washington; RDC General; Riv. East Res. <br />* Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by the City Controller, <br />then the authorization of the expenditure of such funds shall be void and of no effect. <br /> <br />PURPOSE OF REQUEST: 2026 Annual Paving Program Budget Request <br /> <br />SPECIFICS: <br /> <br />This is a request for funding from the River West, River East and South Side TIF Districts to support the City’s <br />2026 Annual Paving Program. These investments will directly support street resurfacing and reconstruction <br />projects within each TIF boundary, improving road conditions, enhancing safety, and supporting continued <br />neighborhood revitalization. TIF funding is a critical component of the City’s overall paving strategy and allows us <br />to extend the impact of limited local resources while aligning with redevelopment goals. <br /> <br />Funding is requested from each TIF District as follows: River West Development Area $2.5M <br />River East Development Area $1.0M <br />South Side Development Area $1.0M <br /> <br /> <br /> <br /> <br /> <br /> <br /> ______________ ___________Pres/V-Pres <br /> <br /> <br />ATTEST: __________ ________Secretary <br /> <br />Date: _____________ _______ <br /> <br /> APPROVED Not Approved <br />SOUTH BEND REDEVELOPMENT COMMISSION