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5A3 Resolution No. 3662 (Financial Participant NICT ) - Signed
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5A3 Resolution No. 3662 (Financial Participant NICT ) - Signed
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12/22/2025 9:58:21 AM
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Dept of Community Investment
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the private sector (the “Contributing Parties”), will be spent proportionally <br />after NICTD’s contribution has been spent in its entirety; and <br />b.if the Station is completed for less than the estimated cost, pro rata refunds <br />shall be issued to the Contributing Parties; and <br />c.the Station shall be a full-service station stop for the South Shore Line with <br />a capacity substantially similar to or greater than the current station stop for <br />no fewer than 20 years from the date of the Agreement; and <br />d.NICTD shall maintain continuous passenger rail service from South Bend <br />to Chicago with specific service requirements to be negotiated; and <br />e.NICTD will vacate and remove existing track and at-grade crossings within <br />the City that are no longer used for passenger rail service as a part of the <br />Station project; and <br />f.NICTD will include a downtown South Bend station in its strategic plan <br />and take all reasonable actions to establish a station in downtown South <br />Bend. <br />3.This Resolution will be in full force and effect upon its adoption by the <br />Commission. <br />ADOPTED at a meeting of the South Bend Redevelopment Commission held on <br />December 18, 2025, held in person at South Bend City Hall, Council Chambers, 215 S. Dr. Martin <br />Luther King, Jr. Blvd., South Bend, Indiana 46601 and electronically. <br />SOUTH BEND REDEVELOPMENT <br />COMMISSION <br />______________________________ <br />Troy Warner, President <br />ATTEST: <br />______________________________ <br />Eli Wax, Secretary
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