Amending the Legal Description and Map to Expand the Boundaries Riverfront Development Project Area

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ORDINANCE NO. (0211 —0 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AMENDING THE LEGAL DESCRIPTION AND MAP WITHIN ORDINANCE NO. 10165 -12 TO EXPAND THE BOUNDARIES OF THE EXISTING RIVERFRONT DEVELOPMENT PROJECT AREA UNDER IND. CODE 7.1- 3 -20 -16 STATEMENT OF PURPOSE AND INTENT On June 25, 2012 the South Bend Common Council passed Ordinance No. 10165 -12 which identified the boundaries of a Riverfront Development Project for purposes of allowing special alcoholic beverage permits within this Riverfront Project area, under Ind. Code § 7.1 -3- 20-16 (The Act). This ordinance became effective on June 26, 2012 when it was signed by Mayor Pete Buttigieg. It was subsequently amended by Ordinance No. 10178 -12 to correct an omission in the legal description of the original ordinance. Availability of this special riverfront development alcoholic beverage permit to those downtown South Bend businesses which focus on a dining and cultural experience has been a boost to the downtown South Bend area. Since passage of the original ordinance, six businesses have met the stringent qualifications for this permit (qualifications developed through the Community Investment Dept. working with DTSB (Downtown South Bend)), proving that this is an effective economic development tool for business attraction and retention in the downtown South Bend area. Because of this program's success, the Community Investment Department with recommendation from members of the Common Council, believes that an extension of the Riverfront area boundaries is in the best interest of the City and its citizens. An increased area is expected to attract development of more dining and cultural opportunities to the downtown and East Bank area of South Bend. The proposed expansion area provides development opportunities both downtown and across the St. Joseph River from the burgeoning Farmer's Market District. The existing Riverfront Development area will be expanded westward within the downtown and southward along the St. Joseph River between Sample Street and Lincolnway West. The newly described area satisfies the criteria of IC 7.1 -3 -20 -16.1 to qualify as a Riverfront Development Project Area. NOW, THEREFORE BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA as follows: SECTION I. The Map of the Municipal Riverfront Development Project Area, set forth in Exhibit "A" to Ordinance No. 10165 -12 as amended by Ordinance No. 10178 -12, is further amended as set forth in Exhibit A hereto.