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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 /> (3) continued... <br /> Notice of Intended Disposition of Property with publication dates <br /> of October 19 and October 26, 2012 and Receipt of Bids at 9:00 <br /> a.m., November 8, 2012. (10 former HDC properties in Monroe <br /> Park) <br /> (4) Update on Redevelopment Commission owned property in the <br /> South Bend Central Development Area. <br /> Mr. Inks noted that Commissioners received this morning a map of <br /> sites the Commission owns in the downtown and a list that <br /> corresponds to it. Staff intends to more proactively market the <br /> properties that are owned by the Commission. The map identifies <br /> the Commission owned properties that are not for sale. There are <br /> very few of those, including the Morris Performing Arts Center, <br /> Palais Royale, the St. Joseph/Wayne Street parking garage, <br /> Century Center and a small lot at the edge of Monroe Park with a <br /> monument sign for the neighborhood. <br /> There are a couple of properties for which the Commission has <br /> temporary ownership that will eventually revert to the businesses <br /> located there: 1St Source/Doubletree ground lease and KeyBank <br /> Plaza. <br /> There are also several parcels we would hope to transfer to other <br /> city departments. In some cases those might be right-of-way like <br /> Woodward Ct; in other cases it might be park space. <br /> The remaining sites are developable. Most of those are <br /> congregated around Coveleski Stadium. Staff will begin the <br /> disposition process on all of those properties: getting appraisals, <br /> title searches, surveys, and putting them out for bid. If there are no <br /> bids, staff will list the properties with local realtors. <br /> Mr. Davis asked about a property such as Fat Daddys where <br /> demolition is not an option due to its historic value. Mr. Inks <br /> responded that disposition of that property will be a process that <br /> must be worked through. We can put together information on what <br /> it would take to renovate the structures, the cost to demolish the <br /> structures, alternatives to save the facade of the structures. <br />