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No. 3148 Determining that the tax increment which may be collected in the year 2014 is needed to satisfy obligations of the Commission and that no excess assessed value may be allocated to the respective taxing units and other related matters
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No. 3148 Determining that the tax increment which may be collected in the year 2014 is needed to satisfy obligations of the Commission and that no excess assessed value may be allocated to the respective taxing units and other related matters
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2/11/2014 9:48:11 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 />Central Medical District <br />ANTICIPATED TIF REVENUE • 2014 <br />DEBT SERVICE <br />Debt Service Payments <br />Increases in Debt Service Reserves <br />PROJECTS <br />2 -Way Street Reconfiguration <br />Bartlett Street Improvements <br />Office Building - West facade <br />Civic Theatre upgrades <br />Fencing improvements <br />Former NIPSCO building improvements <br />Description <br />$1,615,000 <br />None <br />None <br />Reconfigure streets to 2 -way traffic to enhance downtown <br />Establishment of new entrace and parking lot <br />Improvements to west facade of building <br />Upgrades to civic builidng <br />Fencing and landscaping around buildings in area <br />Upgrades to old commercial builidng <br />S: \Comminvest \Management \Financial Working Files \Finance \Budgets \Budget 2014 \Projected TIF need 2014..xis <br />
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