Laserfiche WebLink
EXECUTION COPY <br />Bend,, which contribution shall be paid over a period of five (S) years at <br />$445,000.00 per year,, with the first payment due twelve (12) months after the <br />Re-sort commences gaming operations. The City shall use, the entirety of the <br />contributions made by the Band Parties under this subsection (a) exclusively <br />for the express purposes stated herein. The City shall provide the Band parties <br />with an annual report demonstrating the City's full compliance with its <br />obligations under this subsection. <br />(b), Memorial Childrens Hospital. The Band Parties shall contribute $500,000.00 <br />to Memorial Children's Hospital of 'South Bond for the renovation and <br />modernization of the I Newborn Intensive Care Unit, (NICU), which <br />contribution shall be paid over a period of five (S) years at $100,000.00 per <br />year with the first payment due twelve (12) months after the Resort <br />commences gaming operations. <br />(c). Bowman Creek-Project. The Band Parties shall contribute $500,000.00 to the <br />Bowman Creek Project for-initiatives intended to restore and protect the Creek <br />and educate the public regarding its importance to the region, which <br />contribution shall be paid over a period of five (5) years at $100,000.00 per <br />year with the first payment due twelve (12) months after the Resort <br />commences gaming operations. The use and purpose of each annual donation <br />shall be determined by the Band Parties mi, consultation with the Bowman <br />Creek Project representatives designated by the City. <br />(d). South Bend Community Schools. The Band Parties shall donate $500,000.00 <br />to the South Bend Community School Corporation, which donation shall be <br />paid over a period of five (5) years at $ 100,000.00 per year with the first <br />payment due twelve (12) months after the Resort commences gaming <br />operations. The use -and purpose of each annual donation shall be determined <br />by the Band Parties in consultation with the Superintendent of the South Bend <br />Community School Corporation. <br />(e). Prairie Avenue Resurfacing. The Band Parties shall cover all costs to <br />resurface Prairie Avenue from US-31 to Locust Road, which costs shall not <br />exceed $500,000.00 and shall be payable in accordance with the payment <br />requirements of a contract between INDOT and the contractor engaged to <br />,perform the work. <br />(f). Prairie Avenue Landscaping. The Band Parties shall cover all costs to <br />enhance the landscape of Prairie Avenue within the public right-of-way from <br />US-31 to Locust Road, which costs shall not exceed $200,000.00 and shall be <br />payable in accordance with the payment requirements of a contract between <br />INDOT and the contractor engaged to perform the work. <br />Page 12 of 22 <br />