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227 W. JEFFERSON BOULEVARD <br />SUnz 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 />July 7, 2014 <br />Mr. Oliver Davis, President <br />South Bend Common Council <br />4t" Floor County -City Building <br />South Bend, IN 46601 <br />RE: Establishing an Economic Development Target Area <br />Northwest Corner of Niles Avenue and Jefferson Blvd. <br />River Race Townhomes <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 comer of Niles Avenue and Jefferson Blvd. 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 economic <br />development within the City of South Bend, has investigated, studied and surveyed the <br />need for additional job opportunities within the City and has made recommendations <br />concerning economic development possibilities within the City. Based on its investigatory <br />action, studies and surveys, the Commission has determined that it is necessary to designate <br />the northwest comer of Niles Avenue and Jefferson Blvd., in the City of South Bend as an <br />Economic Development Target Area which will make this property a more attractive <br />investment and facilitate the development and occupancy of this comer, which is currently <br />a parking lot. <br />I will present this Ordinance to the Commo <br />Thank ou `" � Iffice <br />YF}iB�eiiAsSdratioii.._ <br />PLANNING <br />JITIN KAIN <br />L 10L 6 2014 <br />JOHN VOCJ Di <br />e.FFAK, SOUTH BEND, IN <br />NEIGHBORHOOD ENGAGEMENT <br />PAAIELA C. MEYER <br />Council. <br />SrZely <br />rrock Zeeb <br />BUSINESS DEVELOPMENT ECONOMIC RESOURCES <br />CHRIS FIELDING BROCK ZF.EB <br />