Laserfiche WebLink
South Bend Redevelopment Commission <br /> Regular Meeting—June 28, 2012 <br /> 6. NEW BUSINESS (CONT.) <br /> B. South Bend Central Development Area <br /> Mr. Varner joined the meeting at this time. <br /> (2) Staff report on Downtown Riverfront <br /> District implementation. <br /> Ms. Nicholl-Smith reminded the Commission <br /> that the intent of the Downtown Riverfront <br /> District ordinance is to stimulate further <br /> economic development in the downtown by <br /> providing a recruitment tool to encourage <br /> quality eating establishments, entertainment, <br /> and cultural venues to locate within 1,500 <br /> feet of the river by making available lower <br /> cost, non-transferable, 3-way liquor licenses <br /> that are not subject to the statewide quota. <br /> State Code 7.1-3-20-16 allows for the <br /> creation of a Municipal Riverfront <br /> Development Area to be declared in blighted <br /> locations within 1,500 feet from a river's <br /> edge. The ordinance is in line with South <br /> Bend's desire to cultivate its river as an <br /> economic asset. <br /> Through its Resolution No. 4163-12, adopted <br /> on March 26, 2012, the South Bend Common <br /> Council established a Municipal Riverfront <br /> District. South Bend joins 22 Indiana cities <br /> and towns which have already designated a <br /> municipal riverfront district, resulting in the <br /> issuance of 130 riverfront licenses and <br /> stimulating economic development in those <br /> cities. <br /> Passing of the ordinance declaring the district <br /> was only the first step in being able to offer <br /> Municipal Riverfront Development District <br /> liquor licenses. The next step is for the <br /> Commission to approve the local process by <br /> 8 <br />