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RESOLUTION NO. 213 <br />A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT AUTHORITY <br />ESTABLISHING ITS INTENT TO ISSUE REDEVELOPMENT AUTHORITY LEASE <br />RENTAL REVENUE BONDS, APPROVING A PROPOSED LEASE WITH THE SOUTH <br />BEND REDEVELOPMENT COMMISSION,AND ALL MATTERS RELATED <br />THERETO <br />WHEREAS, the South Bend Redevelopment Authority(the"Authority")has been created <br />pursuant to Indiana Code 36-7-14.5 as a separate body, corporate and politic, and as an <br />instrumentality of the City of South Bend, Indiana (the "City"), to finance local public <br />improvements for lease to the South Bend Redevelopment Commission(the"Commission"); and <br />WHEREAS, the Commission, pursuant to declaratory resolutions previously adopted by <br />the Commission and amended from time to time, has declared(i) a certain area of the City known <br />as the "River East Development Area" (the "River East Area") as a redevelopment area and an <br />allocation area under the Act and approved a redevelopment plan for the Area(ii) a certain area of <br />the City known as the "River West Development Area" (the "River West Area") as an economic <br />development area and an allocation area under the Act and approved an economic development <br />plan for the Area;and <br />WHEREAS, the Commission has given consideration to undertaking local public <br />improvement projects in the River West Area including all or any portion of the following: (i) <br />River Bridge Connector(plus Madison)to South Bend-Notre Dame Trail which consists of Phase <br />3 of the trail project(the"Trail Project")to construct a pedestrian bridge to connect the trail from <br />the University of Notre Dame campus to the City's downtown, and any related improvements;(ii) <br />Linden improvements which consists of streetscape improvements in coordination with the Martin <br />Luther King Jr. Dream Center, from College to Birdsell, including improvements for bikes and <br />pedestrians, and any related improvements; (iii) Kennedy Park improvements which consist of <br />natural and aquatic improvements to the existing park and any related improvements to increase <br />accessible recreation resources on the west side of the City; (iv) South East Park improvements <br />which consist of improvements to the park, including splashpad improvements and playground <br />resurfacing, and any related improvements; (v) Martin Luther King Jr. Dream Center <br />improvements which consist of exterior park redevelopment, including without limitation <br />splashpad,playground,basketball court,other related park amenity improvements,and any related <br />improvements; (vi) Rum Village Park Plan improvements which consist of enhancements to the <br />historic pavilion and the Park including exterior restoration and stabilization of the fieldstones, <br />broad arches, and courtyard, and any related improvements; and (vii) all projects related to any of <br />the projects described in clauses (i) through and including (vi) (clauses (i) through and including <br />vii), collectively,the"River West Improvements"); <br />WHEREAS, the Commission has given consideration to undertaking additional local <br />public improvements in the River West Area to support and provide incentives to foster the <br />development of the Beacon Integrated Health and Lifestyle District project, said project having <br />been awarded up to a $11,780,000 Regional Economic Acceleration and Development Initiative <br />grant by the South Bend-Elkhart Regional Development Authority, which local public <br />improvements include, without limitation, site work, construction of up to two (2) public parking <br />garages and a skyway improvement, and any projects related to the foregoing (collectively, tit <br />Beacon District Improvements"); and