Paul, On the belly split, find your back ring. In this case, the first one you can make clean. Take the most narrow part of the stave and make that the width and clean up the edges from tip to tip. Now see how it floor tillers. If it bends, begin reducing the belly just like with a regular tillering process but the belly will probably be deeper so make it more rounded. Osage can handle it. You can also make it bend through the handle like an Eastern Woodland style bow.
With a belly split like this that you hadn't even considered, you have nothing to loose. Time to push the envelope!!! Make that piece of wood bend evenly throughout and make a bow out of it. Don't consider a design, just make it bend good.