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5A2 Budget Request (Infrastructure Work at Riverfront West Grant Approp.) - Signed
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5A2 Budget Request (Infrastructure Work at Riverfront West Grant Approp.) - Signed
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7/10/2025 11:07:25 AM
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Redevelopment Commission Agenda Item <br />DATE: July 10, 2025 <br />FROM: Caleb Bauer, DCI Executive Director <br />SUBJECT: Riverfront West Grant Appropriation <br />Funding Source* (circle one) River West ; River East; South Side; Douglas Road; West Washington; RDC General <br /> *Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by the City Controller, <br />then the authorization of the expenditure of such funds shall be void and of no effect. <br />Specific request: $5.64M from River West Development Area <br />Purpose of Request: Staff request appropriation of River West funds that will be reimbursed by the <br />READI 2.0 grant award from the State of Indiana. Funds are typically reimbursed within 60 days of <br />expenditure, but appropriated dollars are needed to award initial contract for infrastructure <br />construction at the Riverfront West site to serve the JC Hart project and future projects. All requested <br />funds will be reimbursed by grant dollars. <br />_________________________Pres/V-Pres <br />ATTEST: __________________Secretary <br />Date: ____________________ <br /> APPROVED Not Approved <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />July 10, 2025 <br />
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