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2. Minutes
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2. Minutes
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South Bend Redevelopment Commission <br />Regular Meeting —October 11, 2012 <br />6. NEW BUSINESS <br />A. South Bend Central Development Area <br />(1) continued... <br />Upon a motion by Mr. Downes, seconded by Mr. Vamer and <br />unanimously carried, the Commission approved Resolution No. <br />3077 approving the fair market value of property in the South <br />Bend Central Development Area (10 former HDC properties in <br />Monroe Park) <br />(2) Bid Specifications and Design Considerations for ten former <br />Housing Development Corporation properties in Monroe <br />Park) <br />Mr. Schalliol noted that the Bid Specifications and Design <br />Considerations for the properties in general include that all offers <br />(1) must meet the minimum price listed above; (2) must conform <br />to existing • zoning designations; (3) must include a basic reuse plan <br />for the site and a project timeline detailing aspects of the site <br />redevelopment and improvements. During the review process, <br />emphasis will be placed on compatibility with the goals and <br />objectives of the Monroe Park Neighborhood as well as the <br />Development Plan for the South Bend Central Development Area, <br />with an added preference for owner - occupied, single - family <br />residences. (4) any exterior modifications to the structure should be <br />in keeping with the style and integrity of the Monroe Park <br />neighborhood; and (5) bidders are prohibited form the use of the <br />property for speculation or land - holding purposes. In addition, for <br />properties that have tenants on a month -to -month lease, the <br />timeline must allow those tenants to be given at least 30 -days' <br />notice to vacate. <br />Upon a motion by Mr. Downes, seconded by Mr. Varner and <br />unanimously carried, the Commission approved the Bid <br />Specifications and Design Considerations for ten former Housing <br />Development Corporation properties in Monroe Park. <br />(3) Authorization to publish Notice of Intended Disposition of <br />Property with publication dates of October 19 and October 26, <br />2012 and Receipt of Bids at 9:00 a.m., November 8, 2012. (10 <br />former HDC properties in Monroe Park) <br />Upon a motion by Mr, Downes, seconded by Mr. Varner and <br />unanimously carried, the Commission authorized publication of the <br />
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