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6B(3)
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10-16-14 Redevelopment Commission Meeting
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6B(3)
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10/13/2014 2:06:50 PM
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EXHIBIT A <br /> SOUTH BEND CENTRAL DEVELOPMENT AREA-FUND 420 <br /> 2015 BUDGET SUMMARY <br /> 2015 <br /> Appropriation <br /> Debt Service: <br /> Debt Service Payments 2,879,693 <br /> Total Debt Service 2,879,693 <br /> Infrastructure Projects Underway, Not Completed: <br /> LaSalle Hotel 850,000 <br /> Hoffman Hotel 175,000 <br /> Total Infrastructure Underway, Not Completed 1,025,000 <br /> Other Activities: <br /> Downtown South Bend,Inc. 250,000 <br /> Legal&Professional Fees 77,500 <br /> Main&Jefferson Parking Lot-Management 17,000 <br /> St.Joseph&Jefferson Parking Lot-Management 17,000 <br /> Miscellaneous fees for Real Estate Development(includes holding 75,000 <br /> costs;prop.Maintenance, etc.) <br /> Total Other Activities 436,500 <br /> Development Opportunity Reserve: 3,009 <br /> Infrastructure Planned: <br /> (Could include the following projects) <br /> East Jefferson Improvements <br /> Parking Garage Improvements <br /> Total Infrastructure Planned 0 <br /> Total Appropriation 4,344,202 <br />
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