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12/6/2007 <br />City of South Bend <br />West Washington Development Area <br />• Current Year ~ 2008 2009 <br /> 2007 Proiected Protected <br />Cash Carry Forward @ 1/1 -TIF 380,907 524,093 1,897 <br />Revenues <br />TIF Revenue 473,564 657,507 682,746 <br />Replacement levy 3,619 7,238 7,238 <br />Interest Income 12,817 13,059 20,454 <br />Rentallncome 0 0 0 <br />Property Sales 0 0 0 <br />Total Revenue ~ 490,000 677,804 710,438 <br /> <br />Total Cash & Revenue 870,907 1,201,897 712,335 <br />Less Debt Service 8 Performance Bonds Held <br />Performance Bonds Held 0 <br />Debt Service Payments ~ 0 0 0 <br />Increases in Debt Service Reserves 0 0 0 <br />Less Project Expenditures <br />Dr. Martin Luther King, Jr. Drive Improvements 0 <br />Housing Authority Maintenance Building 0 600,000 0 <br />Natatorium Demolition & Improvements 340,942 <br />Oil Express 3,500 <br />Other Development Projects ~ 590,000 700,000 <br />Property Management 1,729 10,000 10,000 <br />Crowe Chizek & Co. Study 643 <br />Total Projects & Debt Service 346,814 1,200,000 710,000 <br /> <br />Total Cash 8 Additional Revenue Available for Projects 524,093 1,897 2,335 <br />• <br />F:\DATA\SHAREIECONDEV\Tax Increment Financing\TIF WWDA Strategy el draft 12307.x1s <br />