HomeMy WebLinkAboutResolution No. 3662 (Financial Participant NICT ) - Signed
RESOLUTION NO. 3662
A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION
TO BE A FINANCIAL PARTICIPANT IN THE NORTHERN INDIANA COMMUTER
TRANSPORTATION DISTRICT’S STATION RELOCATION IN THE CITY OF
SOUTH BEND
WHEREAS, the South Bend Redevelopment Commission (the “Commission”) exists and
operates under the provisions of I.C. 36-7-14 et seq. and is authorized to expend necessary funding
to assist in the development and promote economic benefits within redevelopment districts within
the City of South Bend (the “City”); and
WHEREAS, the Northern Indiana Commuter Transportation District (“NICTD”) is a duly
constituted Indiana municipal corporation and State entity responsible for the preservation and
operation of commuter rail passenger service in Northern Indiana; and
WHEREAS, the Commission has historically demonstrated support for the commuter rail
operations of NICTD; and
WHEREAS, as a continuation of the improvements completed by NICTD, a new station
location within the corporate boundaries of the City is planned at an estimated cost of $112 Million
(the “Station”); and
WHEREAS, NICTD is applying for a $56 Million federal grant for one-half of the cost to
construct the Station, with the other half pledged by the State of Indiana ($28 Million), St. Joseph
County ($10 Million), NICTD ($8 Million), Northern Indiana Regional Development Authority
($1 Million), and the private sector ($4 Million); and
WHEREAS, the City through the Commission intends to pledge $5 Million from the River
West Development Area TIF District for the Station.
NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT
COMMISSION AS FOLLOWS:
1. The Commission resolves to be a financial participant in the construction of a new
commuter rail station within the corporate boundaries of the City in the amount of $5 Million to
be appropriated from the River West Development Area TIF District and provided to NICTD upon
the execution of an agreement memorializing certain terms and conditions (“Agreement”).
2. The Commission hereby authorizes the Executive Director of the Department of
Community Investment, with the guidance of the Mayor and with the assistance of the Department
of Law, to negotiate the Agreement including the following terms:
a. the City’s contribution, along with the contributions of the State of Indiana,
St. Joseph County, Northern Indiana Regional Development Authority, and
the private sector (the “Contributing Parties”), will be spent proportionally
after NICTD’s contribution has been spent in its entirety; and
b.if the Station is completed for less than the estimated cost, pro rata refunds
shall be issued to the Contributing Parties; and
c.the Station shall be a full-service station stop for the South Shore Line with
a capacity substantially similar to or greater than the current station stop for
no fewer than 20 years from the date of the Agreement; and
d.NICTD shall maintain continuous passenger rail service from South Bend
to Chicago with specific service requirements to be negotiated; and
e.NICTD will vacate and remove existing track and at-grade crossings within
the City that are no longer used for passenger rail service as a part of the
Station project; and
f.NICTD will include a downtown South Bend station in its strategic plan
and take all reasonable actions to establish a station in downtown South
Bend.
3.This Resolution will be in full force and effect upon its adoption by the
Commission.
ADOPTED at a meeting of the South Bend Redevelopment Commission held on
December 18, 2025, held in person at South Bend City Hall, Council Chambers, 215 S. Dr. Martin
Luther King, Jr. Blvd., South Bend, Indiana 46601 and electronically.
SOUTH BEND REDEVELOPMENT
COMMISSION
______________________________
Troy Warner, President
ATTEST:
______________________________
Eli Wax, Secretary