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RESOLUTION NO. 215 <br />A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT AUTHORITY <br />AUTHORIZING THE ISSUANCE OF SOUTH BEND REDEVELOPMENT <br />AUTHORITY LEASE RENTAL REVENUE BONDS OF 2023 IN ONE OR MORE <br />SERIES AND ALL MATTERS RELATED TH ERETO <br />WHEREAS, the South Bend Redevelopment Authority (the “Authority”) has been created <br />pursuant to Indiana Code 36-7-14.5 (the “Act”) as a separate body corporate and politic serving as <br />an 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 City has determined to undertake certain (a) local public improvement <br />projects in the River West Development Area consisting of 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”), (b) other local public improvements in the <br />River West Development Area to support and provide incentives to foster the development of the <br />Beacon Integrated Health and Lifestyle District project, said project having been awarded up to a <br />$11,780,000 Regional Economic Acceleration and Development Initiative grant by the South <br />Bend-Elkhart Regional Development Authority, which local public improvements include, <br />without limitation, site work, construction of up to two (2) public parking garages and a skyway <br />improvement, and any projects related to the foregoing (collectively, the “Beacon District <br />Improvements”), and (c) local public improvement projects in the River East Development Area <br />consisting of all or any portion of the following: (i) LaSalle Streetscape which consists of a road <br />diet with a focus on bike and pedestrian improvements from Martin Luther King Boulevard to <br />Eddy Street and any related improvements; (ii) Hill Street Trail (South Bend Avenue to LaSalle <br />Street) which consists of Phase 2 of the Trail Project to construct a shared use path and any related <br />improvements to improve bicycle and pedestrian facilities between the University of Notre Dame <br />campus and the City’s downtown; (iii) South Bend Avenue (Hill Street to Notre Dame Avenue) <br />and Hill Street Intersection which consists of Phase 1 of the Trail Project to construct a shared use <br />path and any related improvements to improve bicycle and pedestrian facilities between the <br />University of Notre Dame campus and the City’s downtown; (iv) Mishawaka Avenue Streetscape <br />Improvements which consist of a road diet and improved parking from Longfellow Street to <br />Emerson Street, storm sewer separation, and any related improvements; (v) Coquillard Splashpad <br />ITEM 4B