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South Bend Redevelopment Commission <br /> Regular Meeting—June 14, 2012 <br /> 7. PROGRESS REPORTS (CONT.) <br /> upcoming Commission agenda item: the Riverfront <br /> Development District. This will be a topic for the <br /> Council on the June 25 and for the Commission on June <br /> 28. Ms. Nicholl-Smith distributed a draft copy of the <br /> resolution that will be before the Council June 25. The <br /> resolution contains a map of the area and a legal <br /> description. A City Council can declare a Riverfront <br /> Development District 1,500 ft. or three blocks from <br /> river in a redevelopment area. In a riverfront <br /> development district a restaurant would have access to a <br /> three-way liquor license at the "Riverfront price," which <br /> is $1,000. That's the base price for a liquor license in <br /> Indiana, but currently there a limited number of licenses <br /> available in the state. Standard liquor licenses are <br /> transferable, so when one becomes available, it sells for <br /> as much as $40,000. Under the Riverfront District <br /> legislation, there would be an incentive for a restaurant <br /> to locate downtown because they could get a liquor <br /> license there and it would cost a reasonable amount of <br /> money. There are 22 municipalities across the State of <br /> Indiana and only 133 liquor licenses. Riverfront District <br /> licenses are not transferable. <br /> Ms. Nicholl-Smith also supplied a draft of the local <br /> process to be established for securing a liquor license <br /> under the Municipal Riverfront District. Once the <br /> district is declared, if someone wants a license, they fill <br /> out a liquor license application and check a particular <br /> box that this is a Riverfront District area. Then they <br /> provide a copy of the ordinance that's passed by <br /> Council, a copy of the map with their noted location, <br /> and a letter from the Mayor which indicates support for <br /> the restaurant to have a liquor license. The "local <br /> process" is the procedure for getting the support letter <br /> from the mayor. That is not meant to be arbitrary. <br /> Mr. Varner asked what the nature was of the Mayoral <br /> letter. Ms. Nicholl-Smith noted that it validates yes this <br /> location is within the district and yes the support of <br /> application is there as well. If you don't have a letter <br /> 21 <br />