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County-City Building Phone 311 inside City limits <br /> 227 W Jefferson Blvd Suite,1200 N S0 iTH B.4, Email 311@southbendin.gov <br /> South Bend,IN 46601 Q�t �d Website Southbendin.gov <br /> James Mueller,Mayor !v ."\ <br /> W y '1 <br /> PEACE �� Filed in Clerk's Office <br /> /865 i APR 0 2024 <br /> Bianca Tirado <br /> City of South Bend city Clerk, South Bencl, IN <br /> Department of Administration &Finance <br /> Division of Human Resources <br /> April 1,2024 <br /> Ms.Sharon McBride,President <br /> City of South Bend Common Council <br /> 227 W.Jefferson Boulevard,4th Floor <br /> South Bend,Indiana 46601 <br /> RE: APPROVING A LEASE BETWEEN THE SOUTH BEND REDEVELOPMENT <br /> AUTHORITY AND THE SOUTH BEND REDEVELOPMENT COMMISSION <br /> RELATING TO THE FOUR WINDS FIELD AT COVELESKI STADIUM PROJECT <br /> AND TAKING OTHER ACTIONS RELATED THERETO <br /> Dear President McBride, <br /> The attached proposed resolution authorizes the City to issue lease rental revenue bonds to undertake <br /> certain improvements at Four Winds Field.The proposed bonds are expected to be repaid from <br /> Professional Sports and Convention Development Area(PSCDA)tax revenues. The proposed bonds will <br /> be issued in one(1)or more series,in an amount not to exceed forty-five million dollars($50,250,000). <br /> I will present this resolution to the Common Council at the appropriate committee and council <br /> meetings.It is requested that this bill be filed for consideration on April 8,2024.If you have any <br /> further questions or need additional information,please let me know. <br /> Thank you for your attention to this request.If you should have any questions,please feel to contact me <br /> at 574-235-9822. <br /> Regards, <br /> 6I w . <br /> Kyle Willis <br /> City Controller <br />