11.25.24 RDC Full Packet - Laserfiche WebLink

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CITY OF SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING – November 14, 2024 6 at the next meeting. The Resolution will be valid through June 30, 2025. Commissioner Relos asked if there is an $850,000 limit and 10% down and Mr. Molnar stated that there have to be fund transfers that day and the city controller is also involved, appraisals and prices also need to be researched ahead of time. Tina Patton asked if the city wins the bid, what happens next. Mr. Molnar explained it would be the same as any other purchase and if the city wished to redevelop, it would go through an open bidding process and the RDC would approve. Upon a motion by David Relos for approval, second by Vivian Sallie, the motion carried unanimously; the Commission approved Resolution No. 3619 as presented on November 14, 2024. C. River East Development Area 1. Second Amendment to Purchase Agreement (Former Firehouse #9) Joseph Molnar, Asst. Director of Growth and Opportunity, presented the second amendment to the purchase agreement to add 12 months to the due date for the former Firehouse #9. Mr. Molnar did note that this purchase agreement was for two parcels, however, there's one tiny sliver at the bottom and it has a tax bill of $30.00 due. He asks that if approved, it would be subject to those taxes being paid. Commissioner Relos asked what the City is planning for the property and Mr. Molnar stated it will be renovated for professional office use. Upon a motion by Vivian Sallie for approval, second by David Relos, the motion carried unanimously; the Commission approved the Second Amendment to the Purchase Agreement subject to the taxes being paid on November 14, 2024. D. Administrative 1. Resolution No. 3617 (Authorizing DCI Staff for Administrative Acts) Caleb Bauer, Executive Director of Community Investment, asked that items D1 and D2 be heard together. He stated that both of these Resolutions the Commission has seen annually authorizing staff to conduct acts on behalf of the Redevelopment Commission. Resolution No. 3617 establishes which City staff may be authorized to perform administrative acts related to the RDC’s owning, managing, leasing and selling property. Resolution No. 3618 establishes which City staff may be authorized to initiate contracts for services related to property ownership and also sets a maximum amount for each respective service.