10165-12 Authorizing and Establishing the boundaries of a Downtown Municipal Riverfront Development Project

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Derek D. Dieter City of South Bend Common Council 441 County -City Building . 227W. Jefferson Blvd (574) 235 -9321 South Bend, Indiana 46601 -1830 Fax (574) 235 -9173 http://www.southbendin.gov President June 4, 2012 Oliver J. Davis Members of the Common Council Vice - President 4th Floor County -City Building Karen L. White South Bend, Indiana 46601 Chairperson, Committee of the Whole Re: Bill No. 18 -12 — Proposed Ordinance to Establish a Municipal Riverfront Development Project Tim Scott First District Dear Members of the Common Council: Henry Davis, Jr. On May 23, 2012, the documents to establish a "Municipal Riverfront Development Second District Project" were filed with the Office of the City Clerk. On May 31, 2012, Interim Valerie Schey City Attorney Aladean M. DeRose filed additional information related to Bill No. Third District 18 -12 with the Office of the City Clerk. Fred Ferlic The purpose of this letter is to officially add to the sponsorship of Bill No. 18 -12, Fourth District Council Members Tim Scott and Fred Ferlic. David Varner Fifth District The original filing included the proposed ordinance whose intent is to "kick -start further economic development in the downtown by providing a recruitment tool to Oliver J. Davis encourage quality eating establishments, entertainment, and cultural venues to locate Sixth District within 1,500 feet of the river by making available lower cost non - transferable 3 -way licenses that are not subject to the quota." Indiana Code § 7.1- 3 -20 -16 allows for Derek D. Dieter the creation of a Municipal Riverfront development area to be declared in blighted At Large locations within 1,500 feet from a river's edge. The proposed ordinance is in line with our city's repeated desire to cultivate our river as an asset. Gavin Ferlic At Large Resolution No. 4163 -12, adopted on March 26, 2012 by the South Bend Common Karen L. White Council expressed its interest in establishing a Municipal Riverfront Project.Bill No. At Large 18 -12 would be the realization of this Resolution. With its passage, South Bend would join 22 Indiana cities and towns who have already designated a municipal riverfront project. They have resulted in the issuance of 130 riverfront licenses (ATC designated License No. 221 -3) which have fostered economic development in these cities. Your favorable consideration is requested. Please do not hesitate to contact us if you need additional information.