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COMMUNITY DEVELOPMENT AGENCY <br />PEELBER FUNDPROGRAM <br />South Main Corridor - Capital Projects41818830 <br />Statement of Purpose <br />To strengthen the City's economic base and enhance its image by providing public improvements in the South <br />Main Corridor area, consistent with the Peebler Settlement Agreement. <br />SERVICE PROGRAM <br />Pursuant to a settlement agreement dated November 14, 2014 between Gerald Peebler, the City, and the Successor <br />Agency, the Peebler Fund was established for the purpose of constructing public improvements in the South <br />Main Corridor area. The funds deposited in this fund are one-time monies only. <br />2-149 <br /> <br />