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06-25-12 Council Agenda & Packet
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06-25-12 Council Agenda & Packet
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6/21/2012 11:01:12 AM
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City Council - City Clerk
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• To free up capital that would have been spent on a regular 3-way license to be used for <br /> improvements to the physical location and marketing. <br /> • To aid downtown revitalization by providing a competitive advantage over strip mail and big box <br /> corridor locations. <br /> • Implement best practices followed by other municipalities. <br /> How many other municipalities have established a Riverfront Development District in Indiana? <br /> Over 22 municipalities in the state of Indiana. <br /> Who are they? <br /> Anderson,Aurora, Chesterton, Columbus, Elkhart, Evansville, French Lick, fishers,Goshen, Indianapolis, <br /> Jeffersonville,Kokomo, Lafayette, Lawrenceburg, Michigan City, Mishawaka, Newburg, Portage, <br /> Richmond,Terre Haute, West Lafayette, Valparaiso, <br /> How many active 222-3 Riverfront licenses are active in the state of Indiana? <br /> 130 <br /> How do you plan to market the district once it is created? <br /> Downtown South Bend, Inc. (DTSB)will create a user-friendly map to present to potential downtown <br /> South Bend businesses.DTSB will distribute this map along with a clear overview of the application <br /> process via the real estate community,the Northern Indiana Small Business Development Center(and <br /> other such agencies),the DTSB website,and the other Economic development entities. <br /> Municipal Riverfront Development District FAQ Nichol]-Smith Page.2 <br />
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