HomeMy WebLinkAbout5C1 Budget Request (Pokagon Fund 10.24.2019)
Redevelopment Commission Agenda Item
DATE: October 24, 2019
FROM: Alkeyna Aldridge
SUBJECT: Budget Request (Pokagon Fund 10.24.2019)
Which TIF? (circle one) River West; River East; South Side; Douglas Road; West Washington
PURPOSE OF REQUEST: Pokagon Fund Request
This Pokagon Fund prioritizes innovative, community development initiatives aimed at
addressing poverty and unemployment in the city. We are requesting $50,000 to support the
following neighborhood development initiatives
I. Request: $30,000
Vendor: Majora Carter Group, LLC
Professional Services: MCG will work directly with City of South Bend to develop a feasible
scope to inform the development of catalytic demonstration projects.
II. Request: $20,000
Vendor: St. Mary’s College Women’s Entrepreneurship Initiative (WEI)
Program: SPARK Neighborhood Accelerator Pilot
WEI’s SPARK Women’s Business Accelerator provides a successful model of technical
assistance and mentorship for women entrepreneurs. By partnering with the City of South Bend
to deliver SPARK in a small, targeted area, WEI can support economic empowerment of women,
especially women of color, and create a replicable model for economic inclusion, small business
development, and neighborhood revitalization. We intend our pilot to run for a minimum of
five years to develop a steady pipeline of small businesses and a robust entrepreneurial
ecosystem.
Total Request: $50,000
_________________________Pres/V-Pres
ATTEST: __________________Secretary
Date: ____________________
APPROVED Not Approved
SOUTH BEND REDEVELOPMENT COMMISSION
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INTERNAL USE ONLY: Project Code: _______________________________________________;
Total Amount new/change (inc/dec) in budget: _______________; Break down:
Costs: Engineering Amt: ______________________; Other Prof Serv Amt_________________;
Acquisition of Land/Bldg (circle one) Amt: ___________; Street Const Amt ________________;
Building Imp Amt_________; Sewers Amt_________; Other (specify) Amt: ________________
___________________________________________. Going to BPW for Contracting? Y/N
Is this item ready to encumber now? ____ Existing PO#__________ Inc/Dec $_____________