HomeMy WebLinkAbout6C1 Budget Request (Howard Street Reimbursement)
Redevelopment Commission Agenda Item
DATE: April 8, 2021
FROM: Amanda Pietsch
SUBJECT: RE Residential Budget Request
Funding Source* (circle one) River West; River East; South Side; Douglas Road; West Washington; RDC General
*Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by the City Controller,
then the authorization of the expenditure of such funds shall be void and of no effect.
Purpose of Request:
Requesting $673,180 from River East Residential to reimburse REDA for the previously approved
project - Howard Street / Corby Street Boulevard. Since that budget request was made, we
determined that the project is more appropriately funded from River East Residential as that is
the TIF area this project directly serves. The original budget request is attached for your
reference.
INTERNAL USE ONLY: Project ID: PROJ00000248 ;
Total Amount – New Project Budget Appropriation $673,180 (reimbursement);
Total Amount – Existing Project Budget Change (increase or decrease) $_______________;
Funding Limits: Engineering: $_____________________; Other Prof Serv Amt $_______________;
Acquisition of Land/Bldg (circle one) Amt: $___________; Street Const Amt $________________;
Building Imp Amt $_________; Sewers Amt $_________; Other (specify) Amt $ ________________
_________________________Pres/V-Pres
ATTEST: __________________Secretary
Date: ____________________
APPROVED Not Approved
SOUTH BEND REDEVELOPMENT COMMISSION
Department of Community Investment
Redevelopment Commission Agenda Item
DATE: March 11, 2021
FROM: Tim Corcoran
SUBJECT: Budget Request: Howard Street / Corby Boulevard Streetscape
PURPOSE OF REQUEST:
Specifics:
We are requesting $673,180 from the River East TIF for the construction of new streetscape
on Howard Street from Eddy Street to State Road 23 and Corby Boulevard at the
intersection with South Bend Avenue.
This project is the next step of the overall Eddy Street Commons development. The goal for
the project is to seamlessly connect the recently finalized phase of Eddy Street Commons
with the new Trader Joes grocery store on the south side of Howard Street. To achieve this a
complete streets approach was taken to promote pedestrian safety, walkability, cyclists, and
vehicular traffic. The proposed plan incorporates wide shared-use sidewalks, a pedestrian
island, narrowed intersections and street trees. The Corby Boulevard portion of the project
will clean up the remnants of old Five Points intersection with South Bend Avenue and
incorporate new sidewalks, street trees, and pedestrian crossings.
Kite Reality will be contributing $62,410 to this project to complete elements of the
streetscape associated with the new Trader Joes development. This will come as a
reimbursement to the over all project budget reducing the City’s portion to $610,770.
However, for budgetary purposes we are requesting funds for the entire project cost.
INTERNAL USE ONLY: Project Code:
Total Amount new/change (inc/dec) in budget: ; broken down by:
Acct # Amt:___________; Acct #_______________ Amt:___________;
Acct #________________ Amt:___________; Acct #_______________ Amt:___________;
Going to BPW for Contracting? Y/N Is this item ready to encumber now?_____________
Existing PO#_____________Inc/Dec $_____________
3.11.21