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227 W. JEFFERSON BOULEVARD <br />SUITE 1400 S. <br />SOUTH BEND, IN 46601 -1830 <br />CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR <br />COMMUNITY INVESTMENT <br />SCOTT FORD, EXECUTIVE DIRECTOR <br />February 18, 2014 <br />Mr. Oliver Davis, President <br />South Bend Common Council <br />4d' Floor County -City Building <br />South Bend, IN 46601 <br />RE: Establishing an Economic Development Target Area <br />Northwest Corner of Hill and Colfax <br />Dear President Davis: <br />PHONE: 574 /235 -9371 <br />FAx: 574/235 -9021 <br />Attached for the Common Council's consideration is a proposed ordinance which <br />approves and adopts a recommendation made by the South Bend Economic Development <br />Commission establishing an Economic Development Target Area for the parcels located <br />at the northwest corner of Hill and Colfax in the City of South Bend. <br />This corner property has been vacant for many years, with many investors having <br />reviewed this property for investment and development purposes, and each having <br />dismissed the property as not appropriate for investment and development. <br />The South Bend Economic Development Commission, in furtherance of <br />economic development within the City of South Bend, has investigated, studied and <br />surveyed the need for additional job opportunities within the City and has made <br />recommendations concerning economic development possibilities within the City. Based <br />on its investigatory action, studies and surveys, the Commission has determined that it is <br />necessary to designate the northwest corner of Hill and Colfax, in the City of South Bend <br />as an Economic Development Target Area which will make this property a more <br />attractive investment and facilitate the development and occupancy of this corner, which <br />is currently a gravel lot. <br />I will present this Ordinance to the Common Council. <br />- -" <br />BUSINESS DEVELOPMENT <br />�-c8ed in Clerk's Ofi. -�. <br />Thank you for your consideration. <br />- <br />CHRIS FIELDING <br />, <br />Sincerel <br />Brock Zeeb <br />CIiY CLFA,t, �tis.a <br />PLANNING <br />NEIGHBORHOOD ENGAGEMENT <br />BUSINESS DEVELOPMENT <br />ECONOMIC RESOURCES <br />JITM KAIN <br />PAMELA C. MEYER <br />CHRIS FIELDING <br />DONALD E. INKS O / <br />