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HomeMy WebLinkAbout7.27.26 2026 Bond Presentation Council Version FILED2022-2023 • Most recent River West Neighborhood Bond /& City of South Bend V' Indiana • Kennedy Park Improvements (new pool/aquatics facility, new athletic courts, playground, paths) -Under Construction/ 2027 • MLK Dream Center Park Improvements (new splash pad, playground, expanded basketball courts -Complete • Linden Avene Streetstape Improvements -Complete • Southeast Park Improvements (new splashpad and playground) -Complete • Walker Field Park Improvements and Rum Village Connection Improvements -Complete • Madison Lifestyle District Parking Garage -Under Construction I 2027 • Portage-Elwood Sidewalk Project -Under Design (situation changed after City acquired adjacent shopping center) Coal Line Phase III ti;,11 Cit~ of South Bend ~,~/ Indzana --~ 0 St A.dams St <t 0 i w Wilbe< St II' "'o :;,-~ ~ .,4., Sherman Ave ((,t-""' All<>I\Sl NAdomsSt Coil~eSt ~ > NBrooktieldSt Nlafa'ycttt18lvd HarrlsonAv-u CollogoSI ~ ~ * $ N BrookhetJ St I ::J Nt,Jlchlg • Phase Ill • Extension of the existing Stephen J. Luecke Coal Line Trail from LWW to new Dream Center • Federal contribution: 80% construction • Kennedy Park Neighborhood Plan . • AdoJ?ted Common Council October 2022 after neighborhood outreach and feedback _ -_ -_ • Called for extension of the Coal Line Trail across LWW1 • Similar in style and function to "Link Trail" on South Bend Avenue • Using existing City Right-of-Way, no additional land required • Aligns with recommendations 32 of the Reparatory Justice Commission's report. • 32 -Maintain sidewalks on City owned properties, especially on existing vacant lots (sRecifically related to lack of neighborhood investment on West Side of SB) ti;\ City of South Bend \,::./ Indiana f~t~ Cit~ of South Bend -':-.,.~;~· I ndzana Cltil St % f f Q'ffi! < • !a S1 ! :I.! flwoodAWt' LASALLE AREA z '" I tturnbc!Ol St ~ i fl ~ ~ tlnyonSt r W Bull• St sa ~. V', . ,, g t -E g s z N MANOR g ~ ·13~ . { f : I 1 ~-----:/l ; ~ 1 raldomi• ,._., ... • 0 1 ti nd(=.:J % ~ ft) C, Q. ft) ~ I !a !!/~! ~Z~AV,. i i I '1~0: :!!\{Jl <., % i.a w '\ ~ NORTHWEST ... <--1•., ~ SOUTH BENO L0'!9 ,Av• : ~ R"'9t< St r._. aa1tA,• -I 1/J tlefttillldSl i 'Z Smith St Iflore. linden Ave := 1 ~ Orange St e Ave i !1: .. 3 : 1 \Ii.in 8utllft St ' ? £ ·a • i ~... ► i ~ ► ~ ~ (..A o.-,~ "'1y" f f~ NEAR aNomiaA¥<t NORT ttWEST "'b tc..i St :t ~ ~ I j n •-,~6> 't ~ } t :a ,. ! ~ Pi~• Sl l ltn4.'><tYSI z ~ <a if <l ~ a. ► 1 WColfax Ave WColla•A•• UstonSI E Angola Blvd ;r. '!I ~ '''I J c3 ::r ,, ..... ,s, WN.iwll!tS>t z 3: !!!. :, ~ ~ ...... +I. D.-A ?!' .. '!] 'ti N,1poll'<lrS1 HARTERS HEIGHTS SI Vin<':entSI Howa Corb z V, ~ ~ College Street Streetscape Improvements fi} Cit~ of South Bend ~,~,.,.::: Indzana • In conjunction with Coal Line Phase 111, streetscape improvements • Sim_ilar in quality/scale/design to The Link Trail • Kennedy Park Neighborhood Plan • Adopted Common Council October 2022 • Called for improvements along College Street • Using exi~ting City Right-of-Way, no additional land required-• Aligns with recommendation 32 of the Reparatory Justice Commission1s report. • 32 -Maintain sidewalks on City owned properties, especially vacant lots (specifically related to neighborhood investment on West Side of SB) f;._\ Cit~ of South Bend ''-'·-~~-· Indzana • Will include: • New sidewalks • Safer pedestrian crossings • New Curbs • Street Trees f~} Cit~ of South Bend ,,~;;:· Indiana New Rum Village Neighborhood Center l~l: City of South Bend 'r\.:~"'?'J Indian a ~-~--~· • City acquired former William Penn Building on Indiana Ave 2026 • Plans for full renovation into a neighborhood center • Partnership with Boys & Girls Club • Rum Village Neighborhood has no community center currently • Rum Village Neighborhood Plan • Adopted by Common Council October 2022 after heighborhood feedback and outreach • Called for establishment of a neighborhood center • Initial neighbor feedback includes desire for: • After school programming • Community Multi-purpose rooms • Childcare • Gym space • Cafe f;;J Cit~ of South Bend '"':C:✓~-Indzana · ■EIM RUM VILLAGE COMMUNITY CENT:ER What Would You Like To See ln Thls·Communlty Center? communlty·Ustenlnasesslon Monday,. June ·1Sth 6pm-8pm Flex Room,.South Bend Resource Center 116S Franklin St,#100, s·outh Bend., IN 46601 f Iii H Togethe.r.southbe.ndin.gov/Rum .. vmage-Communify· Center Near Westside Neighborhood Park • Site Acquisition ~"¾ c· t 1r~~j 1ty o South Bend ·<3. ·~ " I d' ~,.£;_-n wna • The Near Westside Neighborhood has no formal city managed neighborhood park ---• i'Near West Side Neighborhood Plan • ~dopted by Common Council I Qctober 2022 • Called for the establishment of a neighborhood park • Was the primary request from residents during planning process • Bond would help fund acquisition dollars for the site fi) Cit~ of South Bend ~'..::-""· Indwna Near West Side Neighborhood Plan Dr,si..fJ ... ,. 2022 • ~ Drewrys Brewry & Portage Elwood Shopping Center • Infrastructure Funding f~\ Cit~ of South Bend ~>-:~l Indzana ,, ""' • City has cleared former Drewrys Brewery & former Portage Elwood Shopping Center after acquiring and clearing blighted properties • City has engaged residents multiple times --~ -• 2018 -1Portage & Elwood Neighborhood Center Vision • 2024 • 2026 * • Residents have expressed clear desire • Cleanup site • Restore commercial node • New housing opportunities t;;.\ City of South Bend ,:·~/ Indiana \r~.::~~ .. ~f·)· Cit~ of South Bend ~-Indzana _ ....... \ ... ,,.,,, : ;.,. : /. CJ.J, 1~\ • Funding would support infrastructure for: • Streets and utilities to support Phase I of redevelopment • Goals • New commercial activity with goal of grocery store • New housing • Aligns with recommendations 23, 25, and 30 of the Reparatory Justice Commission's report. • 23 -Work with CDFI and non-profits to create more affordable housing • 25 -New developments should not displace existing residents and include affordable housing in new developments • 30 -Support construction of housing for those below 80% area median income (~tl Cit~ of South Bend ·:--:::~-Indzana Muessel Grove Park Improvements '~~"'-4, City of South Bend Indiana • Park has not seen significant upgrades recently • Connection park between different neighborhoods • Drewry's opportunity provides opportunity for expansion/rethinking of park space • City has engaged residents multiple times • 2018 -!Portage & Elwood Neighborhoo_d_C-enter Vision • 2024 • 2026 • Funding would go towards new park amenities f"\ Cit~ of South Bend ~·":✓,"' Indzana Infrastructure Improvements • Roads/Storm Water/ Utilities • Support Affordable Housing Projects .f~\1 Cit~ of South Bend \:~,-Indzana §'~\ \,'.it J ,~. • South Bend Heritage & RDC partnership to build 42 new low income homes • LIHTC Award • RDC provide land and infrastructure • Development Agreement contemplated some of the costs funded through a potential bond • Infrastructure will also support New Day through access road • Aligns with recommendations 23, 25, and 30 of the Reparatory Justice Commission's report. • 23 -Work with CDFI and non-profits to create more affordable housing • 25 -New developments should not displace existing residents and include affordable housing in new developments • 30 -Support construction of housing for those below 80% area median income City of South Bend Indiana I ,_ ... .., ... .,...,.. ...... ,, .... 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I , • ; •• ; ,. . . -· I ' ! ·1 ..... -"' . • ., ' I C7 ~ 1 ,'j Jtl u i I --= I I I I j I I! : ':' it:! : 1:l -. ~,, ' ~ :] .] Morris Performing Arts Center Parking Garage 1f~~j:; Cit~ of South Bend :,~,!3~~· Indzana Morris Performing Arts Center Parking Garage • Never Ending Encore -Morris 100 Projects / ensure Morris survived and thrived into it's second century as a vital resource for South Bend Community • Phase I -Vital infrastructure improvements to Theater • Phase II -Raclin Murphy Encore Center • _Phase Ill -Attached Parking Garage --~-• ~ity and volunteer community_capital campaign-Jraised capital for all three phases, donations for garage waiting to move forward with match from City • Multiple public meetings, events, feedback over multi-year period i~\ Cit~ of South Bend ~,l:"r' Indzana Process -Public Approvals 4 City of South Bend V Indiana • • • • 7 /27 SB Council adopt resolution approving RDC ~nter into pro~osed lease -. --• 8/11 BPW approve lease documents • 8/12 RDA adopt resolution authorizing issuance bonds and execution of documents --- -• 18/13 RDC adopt resqlution regarding back-up for lease pay_rnents --• 110/1 Bond Closing 2026RWBond • Projects Overview bond funding A City of South Bend V Indiana • Coal Line Phase Ill -LWW to Dream Center • Full funding • College Street Streetscape Improvements • Full funding • Rum Village Neighborhood Center • Full funding • Near Westside Park Land Acquisition • Acquisition dollars • Drewrys Improvements • Phase I Infrastructure funding • Muessel Grove Park • Park improvements funding • Morris Performing Arts Center Parking Garage • Partial funding matched with donation dollars -'""_\":'\ll""t • : ... t..,"-q,,,t\!· 2026RWBond • Projects Overview bond funding A City of South Bend W Indiana • Coal Line Phase Ill • Total project: $4-SM • 80% reimbursed by Federal Government • City estimated cost $1.1M • College Street Streetscape Improvements • Estimated $2-3M • Rum Village Neighborhood Center • Estimated $3-4M • Near Westside Park Land Acquisition • Estimated $100k-$200k • Drewrys • Estimated $2-3M • City has ~$6M in grants/loans to deploy as well • Muessel Grove • Estimated $1-2M • Morris Parking Garage • Estimated $9M