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6F (3)
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10-25-11 Packet
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6F (3)
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11/1/2012 12:31:03 PM
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10/21/2011 12:26:34 PM
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EXHIBIT F <br />Operational Obligations <br />Rushton residents must be 55 years of age and over and meet certain income guidelines. All <br />entrances to the building will be secured and a resident controlled security system will be utilized <br />and monitored by management. Building maintenance will be provide by South Bend Heritage <br />Foundation, and a part-time leasing agent will be housed in the bui s scheduling allows, <br />social activities for residents will be offered, as part of South JMd Heritage's Resident Life <br />Coordinator Initiative. Public transportation is directly availab4outon residents. <br />Located in the West Washington National Register H <br />signature historic housing development for the tram <br />and the West Washington neighborhood. <br />Community and Economic Development Impact: <br />At least $1,973,009 for construction payroll and building <br />Rehabilitate a long- standing historic operty that v <br />demolished at a cost to the City; <br />Inject roughly $3,493,977 of private equit mi <br />Create a new base of seniors living near nto <br />services; <br />Provide high quality, <br />cultural amenities. <br />will serve as a <br />,n South Bend <br />vacant or be <br />will purchase goods and <br />cal facilities, recreational and <br />
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