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a� South Bend <br />:= Redevelopment Commission <br />227 West Jefferson Boulevard, Room 1308, South Bend, Indiana <br />Redevelopment Commission Agenda Item Pres/V-Pres <br />DATE: September9, 2024 ATTEST: _ �retary <br />FROM: Chris Dressel, Staff Date: <br />SUBJECT: Funding Request — Professional Services (legal 7APPROVED ❑ Not Approved <br />description) for Forthcoming TIF expansion SOUTH BEND REDEVELOPMENT COMMISSION <br />Funding Source* (circle) River West; River East; South Side; Douglas Road; West Washington; DC Genera Riv. East Res. <br />* Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by ntroIler, then the <br />authorization of the expenditure of such funds shall be void and of no effect. <br />PURPOSE OF REQUEST: Request for funds in the amount of $6,450 to support amendment of TIF boundary legal <br />description for forthcoming TIF expansion process <br />SPECIFICS: The City of South Bend plans to expand its TIF districts in the Fall of 2024. The expansion is expected <br />to add approximately 200 property parcels within 3 TIF districts (River East, River West and South Side). Legal <br />Description services are required to accompany and document the process. These services are expected to <br />include the following: <br />• Creation of updated legal descriptions for the various TIF Districts of the City of South Bend reflecting <br />the proposed boundary changes. <br />• Legal descriptions will be amendments to the existing TIF District boundaries and to include full parcels <br />and adjacent rights -of -way. <br />The request breakdown is as follows: <br />Cost $2,150 per TIF Area: $2,150 — River East <br />$2,150 — River West <br />$2,150 — South Side <br />$6,450 - TOTAL <br />EXCELLENCE ! ACCOUNTABILITY INNOVATION INCLUSION i EMPOWERMENT <br />1400S County -City Building 227 W. Jefferson Bvld. South Bend, Indiana 46601 p 574.235.9371 vvvwv.southbendin.gov <br />