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25-23 Resolution Authorizing and Approving the Execution of a First Amendment to the Certified Technology Park Agreement Between the City of South Bend, Indiana, and the South Bend Redevelopment Commission
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25-23 Resolution Authorizing and Approving the Execution of a First Amendment to the Certified Technology Park Agreement Between the City of South Bend, Indiana, and the South Bend Redevelopment Commission
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County-City Building m � Phone 311 inside City limits <br /> 227 W Jefferson Blvd,Suite 1400 S UTH <br /> c�0 8 �� Email 311@southbendin.gov <br /> South Bend,IN 46601 0.0 4tt , Website Southbendin.gov <br /> James Mueller,Mayor <br /> U <br /> \PEACEJ./ Filed in Clerk's Office <br /> x <br /> 1865 <br /> Bianca Tirado <br /> City of South Bend City Clerk, South Bend, IN <br /> Department of Community Investment <br /> April 9,2025 <br /> Honorable Troy Warner <br /> 4th Floor, County-City Building <br /> South Bend, IN 46601 <br /> RE: Resolution Authorizing and Approving the Execution of a First Amendment to the Certified <br /> Technology Park Agreement for Ignition Park& Innovation Park <br /> Dear Mr.Warner, <br /> Enclosed is a Resolution Authorizing and approving the execution of a First Amendment to the <br /> Certified Technology Park Agreement between the City of South Bend and the Indiana Economic <br /> Development Corporation ("IEDC")to recertify both Ignition Park and Innovation Park("Parks") <br /> as Level 2 Certified Technology Park effective July 1, 2023 through June 30, 2027.The effective <br /> date for this First Amendment being retroactive to July 1, 2023, to coincide with legislative <br /> enactment per IEDC. <br /> The Common Council previously authorized and approved the Agreement between the City of <br /> South Bend and the IEDC on December 8, 2008, by Resolution 3929-08. City staff believe it <br /> would be beneficial for the City to recertify both Ignition and Innovation Park as a Level 2 <br /> Certified Technology Park as an encouragement to the establishment of high technology <br /> activities.The Resolution declares the Common Council's interest in the approval of the First <br /> Amendment to the Certified Technology Park Agreement and authorizes the Council President <br /> to execute the First Amendment attached in Exhibit A of the Resolution. <br /> Please include the attached Resolution at your April 14th Common Council meeting for public <br /> hearing. <br /> If you have any questions, please feel free to contact our office. <br /> Sincerely, <br /> Joseph Molnar <br /> Assistant Director of Growth &Opportunity <br />
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