HomeMy WebLinkAbout5C1 Budget Request (2022 Annual Paving)
Redevelopment Commission Agenda Item
DATE: February 10, 2022
FROM: Kara Boyles, City Engineer
SUBJECT: 2022 Annual Paving Program
Funding Source* (circle one) River West; River East; South Side; West Washington; Douglas Road; 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:
The request would provide funding for implementation of the 2022 Annual Paving Program,
which is part of our three (3) year strategic plan, also known as “Rebuilding Our Streets”. The
utilization of TIF funds in addition to our other road funding mechanisms (i.e., MVH, LRS, and
Community Crossing Grants) will all for continued investment in city streets.
The overall request is as follows:
TIF District Requested Amount (based on Estimated Cost of Construction)
River West $ 2.5M
River East $ 55,000
Southside Development $ 1.13M
West Washington $ 118,000
Total $ 3,803,000
This request will help fund the paving and reconstruction of streets in all four (4) TIF districts as
identified above. These funds will contribute to every aspect of this year’s plan (i.e., contractor
bids for paving, community crossings, etc.).
_________________________Pres/V-Pres
ATTEST: __________________Secretary
Date: ____________________
APPROVED Not Approved
SOUTH BEND REDEVELOPMENT COMMISSION
Page | 2
INTERNAL USE ONLY: Project ID: PROJ 122-multiple ;
Total Amount – New Project Budget Appropriation $3,803,000____;
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 $ ________________