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A (z) SpUTIJ Community & Economic Development ' 1865 1200 County -City Building, 227 West Jefferson, South Bend, Indiana 46601 -1830 Phone 574/235 -9371 Fax 574/235 -9021 To: Redevelopment Commission From: Tamara Nicholl- Smith, Director Downtown Business Recruitment Subject: Downtown Riverfront Municipal Development District Local Process Date: June 25, 2012 Attached for review is the completed packet for the proposed local process to accompany the Downtown Municipal Riverfront Development Project ordinance voted on by City Council on June 25th. As you are aware from our discussion last meeting, the intent of this Ordinance is to kick -start further economic development in the downtown by providing a recruitment tool to encourage quality eating establishments, entertainment, and cultural venues to locate within 1,500 feet of the river by making available lower cost non - transferable 3 -way licenses that are not subject to the quota. State Code 7.1- 3 -20 -16 allows for the creation of a Municipal Riverfront development area to be declared in blighted locations within 1,500 feet from a river's edge. The Ordinance is in line with our city's repeated desire to cultivate our river as an asset. Through its Resolution No. 4163 -12, adopted on March 26, 2012, the South Bend Common Council expressed its interest in establishing a Municipal Riverfront Project. The Ordinance is the realization of this Resolution. By the adoption of this Ordinance, South Bend would join 22 Indiana cities and towns who have already designated a municipal riverfront project, which has resulted in the issuance of 130 riverfront licenses (ATC designated License No. 221 -3) which have fostered economic development in these cities. The passing of the ordinance declaring the district is only the first step in being able to offer Municipal Riverfront Development District liquor licenses. Now, it is within the scope of the Redevelopment Commission to approve the process by which these licenses will be granted. Attached you will find our proposal for this local process. This process is based on processes already in place in several other Indiana municipalities and has been vetted with the mayor's office, a few members of common council, DTSB, the city's legal department, and other relevant stakeholders. We recommend that you approve and adopt the process as drafted. Sincerely, Tamara Nicholl -Smith Director, Downtown Business Recruitment What We Do Today Makes A Difference!