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07-11-13
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1/13/2014 12:03:58 PM
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7/9/2013 11:25:15 AM
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CITY OF SOUTH BEND, INDIANA <br />Department of Community Investment <br />Determination of TIF Need by Reviewing Potential Projects <br />for Calendar Year 2014 <br />Douglas Road Economic Development Area <br />ANTICIPATED TIF REVENUE - 2014 <br />DEBT SERVICE <br />Debt Service Payments <br />Increases in Debt Service Reserves <br />PROJECTS <br />Street Improvements <br />Bus Shelters <br />Description <br />$320,750 <br />Payments due for 2013 total $190,463' <br />None <br />Right turn lane at intersection of SR23 <br />Various locations throughout area <br />'NOTE: Expect to use any additional receipts to accelerate debt service <br />payments. Total outstanding debt @ 7/2/13 = $1,311,458.72 <br />$: \Comminvest \Management \Financial Working Files \Finance \Budgets \Budget 2014 \Projected TIF need 2014..xis <br />
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