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HomeMy WebLinkAbout5D1 Pokagon Report Redevelopment Commission Agenda Item DATE: January 13, 2022 FROM: Brian Donoghue SUBJECT: Pokagon Funding Updates Which TIF? (circle one) River West; River East; South Side; Douglas Road; West Washington PURPOSE OF REQUEST: N/A (not a request for funding) Specifics: In compliance with Section 14 of the Pokagon Band – City of South Bend Local Agreement, the Pokagon Band made its 2021 Payment In Lieu of Taxes to the City and to the South Bend Redevelopment Commission by bank wire transfer. Due to accommodations made for the health and economic crises, the 2020 payment was $949,511. For the 2021 fiscal period, the Payment in Lieu of Taxes is $1,411,877.32, in accordance with the calculations specified in the Local Agreement. Early 2022 programming planned for this funding includes initiatives to support workforce/job-training transportation, affordable-quality childcare, and immigration support. Additional initiatives aimed at contributing to the improvement of educational opportunities or addressing poverty and unemployment in the city will be brought for consideration by RDC throughout 2022. _________________________Pres/V-Pres ATTEST: __________________Secretary Date: ____________________ APPROVED Not Approved SOUTH BEND REDEVELOPMENT COMMISSION