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HomeMy WebLinkAbout5A1 Budget Request (Rebuilding Our Streets 2025) - Signedr �rH 1 South Bend Redevelopment Commission 227 West Jefferson Boulevard, Room 1308, South Bend, Indiana Redevelopment Commission Agenda Item DATE: 6/26/2025 FROM: SUBJECT: Source* Leslie Biek, Assistant City Engineer Repaving our Streets- Budget Request #2 Pres/V-Pres ATTEST: )ommissioner Date: — iC2,p,S APPROVED ❑ Not Approved SOUTH BEND REDEVELOPMENT COMMISSION Piver East; South Side; Douglas Road; West Washington; RDC General; Riv. East Res. * Funds are subject to the City Con r 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. 2025 Annual Paving Program Budget Request SPECIFICS: This is a second request for funding from the River West TIF District to support the City's 2025 Annual Paving Program. These investments will directly support street resurfacing and reconstruction projects within each TIF boundary, improving road conditions, enhancing safety, and supporting continued neighborhood revitalization. TIF funding is a critical component of the City's overall paving strategy and allows us to extend the impact of limited local resources while aligning with redevelopment goals. Funding is requested from the TIF District as follows: River West Development Area $1.5M EXCELLENCE ACCOUNTABILITY INNOVATION I INCLUSION i EMPOWERMENT 1400S County -City Building 227 W. Jefferson Bvld. South Bend, Indiana 46601 p 574.235.9371 wwwsouthbendin.gov