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No. 3234 appropriating tax increment financing revenues from Allocation Area No. 1A for the payment of certain obligations and expenses related to the South Bend Central Development Area
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No. 3234 appropriating tax increment financing revenues from Allocation Area No. 1A for the payment of certain obligations and expenses related to the South Bend Central Development Area
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I <br /> s <br /> EXHIBIT A <br /> i <br /> il SOUTH BEND CENTRAL DEVELOPMENT AREA-FUND 420 <br /> I <br /> 2015 BUDGET SUMMARY <br />) 2015 <br /> Appropriation <br /> 1 Debt Service: <br /> Debt Service Payments 2,879,693 <br />+ <br /> A Total Debt Service 2,879,693 <br /> s <br /> Infrastructure Projects Underway, Not Completed: <br /> 1 LaSalle Hotel 850,000 <br /> Hoffman Hotel 175,000 <br />) <br /> 1 Total Infrastructure Underway, Not Completed 1,025,000 <br /> Other Activities: <br /> Downtown South Bend, Inc. 250,000 <br /> g Legal&Professional Fees 77,500 <br /> 9 Main&Jefferson Parking Lot-Management 17,000 <br /> h 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 /> i <br /> Development Opportunity Reserve: 3,009 <br /> Infrastructure Planned: <br /> (Could include the following projects) <br /> East Jefferson Improvements <br /> Parking Garage Improvements <br />} <br /> Total Infrastructure Planned 0 <br /> Total Appropriation 4,344,202 <br /> 1 <br /> I . <br /> 1 <br /> i <br /> t <br />;. <br /> i <br /> 1 <br /> i <br /> 1 <br /> i <br /> s <br /> j <br /> L <br /> 4. <br /> I <br /> 3 <br /> 1 <br /> 1 <br />
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