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Resolution No. 3652 EDC Loan 2025 (New Day Intake Center, Inc.) - Signed
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Resolution No. 3652 EDC Loan 2025 (New Day Intake Center, Inc.) - Signed
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LOCALSQ <br />South Bend Tribune I The Herald Times po Box 630485 Cincinnati, OH 45263-0485 <br />The Times-Mail I Evening World <br />The Reporter Times <br />AFFIDAVIT OF PUBLICATION <br />Brenda Jones <br />Barnes & Thornburg LLP <br />201 S Main ST #400 <br />South Bend IN 46601-2130 <br />STATE OF INDIANA, COUNTY OF ST JOSEPH <br />The South Bend Tribune, a newspaper printed and published in <br />the county of St Joseph, in the State of Indiana, and personal <br />knowledge of the facts herein state and that the notice hereto <br />annexed was Published in said newspaper in the issue dated: <br />09/05/2025 <br />and that the fees charged are legal. <br />Sworn to and subscribed before on 09/05/2025 <br />^Notaiy, State of^W^ounty ^PBrown <br />My commission expires <br />Publication Cost: <br />Tax Amount: <br />Payment Cost: <br />Order No: <br />Customer No: <br />PO #: <br />$43.68 <br />$0.00 <br />$43.68 <br />11636724 <br />551382 <br /># of Copies: <br />2 <br />THIS IS NOT AN INVOICE! <br />Please do not use this Jonn for payment remittance. <br />NOTICE OF PUBLIC HEARING <br />CONCERNING AN <br />ADDITIONAL <br />APPROPRIATION OF THE <br />CITY OF SOUTH BEND <br />REDEVELOPMENT <br />COMMISSION <br />The residents end taxpayers <br />of the City of South 8ertd» <br />Indiana (the 'City')* are <br />hereby notified that the South <br />Bend Redevelopment <br />Commission (the 'Commis- <br />siort*) will hold a public hear> <br />inp at 9:30 a.m. (local time), <br />or> Tliursdoy, September 2S, <br />2035, in Room 1308, at the <br />County«City Building, 237 <br />West Jefferson Boulevard, <br />South Bend. Indiana, to <br />consider an appropriation in <br />an amount not to exceed <br />S4.000.000 for the purpose of <br />simultaneously reimbursing <br />the City for expenditures <br />made, or to be made, by the <br />City to fund a forgivable draw <br />loan (the "Loan') from the City <br />to New Day Intake Center, Inc., <br />an Indiana nonproKt corpora* <br />lion (the 'Oevoloper'). The <br />City is making the Loan to the <br />Ooveloper to finance a portion <br />of the construction of <br />economic development <br />projects and facilities within <br />the meaning of Indiana Code <br />36*7*11.9 and 36*7*12, <br />consisting of the construction, <br />renovation or rehabilitation of <br />certain real property in the <br />City to develop a no less than <br />one hundred and ten (110) <br />bed lower*barrier emergency <br />shelter (collectively. the <br />'Project"), pursuant to a <br />forgivable loan agreement <br />between the City and the <br />Developer (the 'Loan Agree* <br />ment'). Pursuant to a Funding <br />and Reimbursement Agree <br />ment between the City and <br />the Commission, the Commis* <br />sion will use tax increment <br />revenues on deposit in the <br />allocation funds for the (i) <br />South Side Allocation Area of <br />the South Side Development <br />Area, (il) River West Allocation <br />Area of the River West Devel <br />opment Area, and (ill) River <br />East Allocation Area of the <br />River East Development Area, <br />for the purpose of simultane <br />ously reimbursing the City for <br />expenditures (including loans) <br />made, or to be made, to <br />finance a portion of the <br />Project costs. <br />Said appropriation is in addi <br />tion to any appropriations <br />provided for in the existing <br />budget and tax levy. At said <br />public hearing, all persons <br />shall have the right to appear <br />and be heard on the necessity <br />of said appropriation. <br />Dated: September S. 2025 <br />SOUTH BEND <br />REDEVetOPMENT <br />COMMISSION <br />HSPAXLP 9:5 1x <br />nancy heyrman <br />Notary Public <br />State of Wisconsin <br />Page 1 of 2
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