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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 mall 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 221 -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 Nicholl -Smith Page 2 <br />