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n,CITY OF SOUTH BEND ( OFFICE OF THE CLERK <br /> principles to downtown development. I wanted to highlight this graph showing the land value from <br /> an assessment perspective on a per-acre basis. The taller the bar,the higher the value. So, you see <br /> the downtown is where those bars are high. So, that is where the City captures a lot of its value <br /> from a tax perspective. So, what we have here are primarily modest rule changes. So, since our <br /> ordinance went into effect in 2004, this will be the forty-first (41st) text amendment to it. I think <br /> about the seventh(7th) one(1) for downtown. We worked in conjunction with a design expert and <br /> an alumna of Opticos Design,one(1)of the premier urban design and code-reform companies and <br /> consultants in the country. With that consultant, we tested a lot of the scenarios behind the rules <br /> you see here. I also wanted to make sure we didn't miss anything, and we had this vetted by a <br /> group of developers, especially ones that work in the downtown market. That included architects, <br /> real estate professionals and the Home Builders Association. This, again, shows, as part of the <br /> development, many scenarios were looked at to make sure the rules we're proposing make sense <br /> and work well for real projects. That is the overview I wanted to cover here. <br /> He went on, We've had questions that require more explanation than others. One (1) is the <br /> proposed ordinance does propose a fifteen (15) foot setback to the river and the East Race. Some <br /> of the reasons for that are here (referencing a slide in the presentation). One (1) is to preserve the <br /> river bank, so you don't have development right to the edge of the water. Maintenance of the <br /> retaining walls is important there. I think it adds an additional safety and resiliency factor. We've <br /> seen in recent years some major flooding events and bank erosion as part of that. <br /> Mr. Corcoran stated, So,over the last year and a half to two (2)years,the bank stabilization issues <br /> we are seeing,this is just north of the dog park area along Niles Avenue(referencing a slide in the <br /> presentation). The cracks don't look like much but what happened and what I've been talking to <br /> Engineering about is that, in this particular location, the bank is actually sliding into the river. <br /> We've seen this in other areas outside of downtown but that is a brand new path and that crack is <br /> showing what is happening there. The City is in the process of going through and getting some <br /> engineering studies done to investigate how to stabilize the bank in that area, but what's showing <br /> here is during the recent events we've had in the last couple of years, this is becoming a greater <br /> issue. Also,just near Tuesley Hall, that hole on the lower left is a sink hole that developed over <br /> the last year.The picture on the right is them pouring thousands of metric gallons of cement to fix <br /> that sink hole. These are real things that are happening. They are unpredictable at the moment and <br /> we want to make sure that as these things happen, as we are sure they will probably happen again, <br /> that we have the ability to fix these things. The City Engineer, Kara Boyles, sent an email <br /> supporting this set back (which is available in the City Clerk's Office) for the reasons she stated <br /> in the letter. The City Engineer has to deal with these issues. Helping that out is an important part <br /> of this. <br /> He continued, The fifteen (15) feet is actually pretty general and is what is there today. So, the <br /> blue and yellow lines (referencing a slide in the presentations), given these two (2) buildings are <br /> further apart and that is why the distance between the buildings are different, but from the face of <br /> Stevenson Mills to the boundary is about twenty-two (22) feet. From the face of the AM General <br /> Building to the river is about eighteen (18) feet. So, we see this as a pretty modest setback. This <br /> preserves, also, the character of the area that I think we all enjoy as we walk down and utilize the <br /> East Race. <br /> EXCELLENCE j ACCOUNTABILITY j INNOVATION INCLUSION EMPOWERMENT <br /> 455 County-City Building 1227 W.Jefferson Bvld!South Bend,Indiana 46601 p 574.235.9221 1574 235.9173 1TD 574.235.5567,www.southbendin.gov <br /> 10 <br />