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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 />Airport Economic Development Area <br />ANTICIPATED TIF REVENUE - 2014 <br />DEBT SERVICE <br />Debt Service Payments <br />Increases in Debt Service Reserves <br />PROJECTS <br />LaSalle Square <br />Ignition Park <br />Blackthorn Corporate Park Marketing <br />Blackthorn Owners Association Dues <br />Commerce Drive Extension <br />Progress Drive <br />Cleveland Road /Dylan Dnve /Brick Road Intersection <br />Trade Drive <br />Olive Road Extension <br />Cotter Street Construction <br />Oliver Industrial Houses <br />Ivy Tech Expansion Acquisitions <br />Portage Prairie <br />Legal Fees <br />Conduit Construction <br />Property Management <br />Job Training <br />Mayflower Trunk Sewer & Road Re- alignment <br />Bendix Drive - Cleveland to Lathrop <br />Commercial Corridors <br />Vacant & Abandoned Demolitions <br />Auten Road Construction <br />Eagle Way <br />Description <br />$13,470,000 <br />Debt Service payments totalling $3,561,979 due this year <br />Funds necessary to keep Debt Services Reserves at appropriate levels <br />Planning, acquisition, and infrastructure improvements to redevelop area <br />Site assemblage, planning & infrastructure to promote new development <br />Marketing costs for Corporate Park <br />Dues to support work of Owners Association <br />Extend Commerce Drive to Sheridan <br />Improve Progress Drive from Sheridan to Airport <br />Improvements to intersection to improve traffic flow <br />Road construction to support new development <br />Engineering and road construction to promote new development <br />Engineering and road construction to promote new development <br />Support development of Oliver Industrial Park <br />Acquisitions to facilitate expansion of Ivy Tech campus <br />Engineering and road construction to promote new development <br />Legal fees to further downtown development <br />Expansion of conduit to support development throughout the area <br />Maintenance of Redevelopment owned property <br />Job training services to increase resident's skill sets <br />Sewer and road construction to support new development <br />Upgrade /improve roadway <br />Upgrades to Lincolnway West and Western Avenue Corridors <br />Demolitions of unsafe structures in neighborhoods <br />Engineering and road construction to promote new development <br />Engineering and road construction to promote new development <br />S: \Comminvest \Management \Financial Working Files \Finance\Budgets \Budget 2014 \Projected TIF need 2014..xls <br />
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