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�4 SpUTH <br /> `U d <br /> W .. <br /> PEACE, <br /> _ 1865 x <br /> �_. <br /> CITY OF SOUTH BEND <br /> COMMUNITY INVESTMENT <br /> June 20, 2017 Filed in Clerk's Office <br /> JUN 21 2017 <br /> Mr.Tim Scott, President <br /> South Bend Common Council KAREEMAH FOWLER <br /> 4th Floor County-City Building CITY CLERK,SOUTH BEND,IN <br /> South Bend, IN 46601 <br /> RE: Economic Development Revenue Bonds 2017 (Miami Hills Project) <br /> Dear President Scott: <br /> Attached for the Common Council's consideration is a Resolution supporting the issuance of <br /> bonds to fund improvements at Miami Hills located at 3534 High Street in South Bend. <br /> The issuance of these bonds, contingent upon a successful tax credit award, will fund the <br /> rehabilitation of 151 housing units as well as other external facilities and grounds. The Miami <br /> Hills development improvements will provide much needed upgrades to the housing of many <br /> low and moderate income individuals and families. <br /> Thank you for your consideration. The owner representative Robert Budman of BLVD. Capital <br /> will Skype for the committee meeting, while Consultant Anne Mannix and BVD Legal Counsel <br /> Tyler Kalachnik will be present. Additionally, I, along with the City's Bond Counsel Barnes& <br /> Thornburg will also be present. <br /> Since ly, <br /> _ r <br /> amela C. Mey <br /> Director, <br /> Neighborhood Engagement <br /> EXCELLENCE ACCOUNTABILITY INNOVATION 11 INCLUSION I EMPOWERMENT <br /> 14005 County-City Building 227W.Jefferson Bvld. South Bend,Indiana 46601 p574.235.9371 www.southbendin.gov C� <br />