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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 />South Bend Central Development Area <br />ANTICIPATED TIF REVENUE - 2014 <br />DEBT SERVICE <br />Debt Service Payments <br />Increases in Debt Service Reserves <br />PROJECTS <br />Downtown South Bend, Inc. <br />Downtown Street Improvement <br />East Bank Plan /2 Phases <br />Hall of Fame - Planning <br />LaSalle Hotel Holding Costs <br />Legal Fees <br />Main & Jefferson Parking Lot <br />Main & Western - Site Clean -up <br />Predevelopment <br />St. Joseph & Jefferson Parking Lot <br />Veteran's Clinic <br />Hill & Colfax Pre - development <br />East Jefferson Streelscape Improvements <br />Colfax Avenue Streetscape Improvements <br />7/2/2013 <br />Description <br />$4,392,328 <br />Debt Service payments of $2,881,966 due this year <br />Funds necessary to keep Debt Services Reserves at appropriate levels <br />On -going commitment to assist in streetscape enhancement <br />Various street improvements to enhance downtown <br />On -going planning for East Bank area <br />Planning for adaptive re -use of Hall of Fame building <br />Costs to hold building until new development project is underway <br />Legal fees to further downtown development <br />Expenses related to operation of parking lot <br />Curb, greenspace and striping improvements <br />Appraisal, title, survey, etc. <br />Management of parking lots <br />Annual payments for acquisition thru 2015 <br />Drainage, etc. improvements to development area <br />Various street improvements to enhance East Bank area <br />Various street improvements to enhance East Bank area <br />S: \Comminvesl \Management \Financial Working Files \Finance \Budgets \Budget 2014 \Projected TIF need 2014..xls <br />