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South Bend Redevelopment Commission <br />227 West Jefferson Boulevard, Room 1308, South Bend, Indiana <br />Redevelopment Commission Agenda Item <br />D ATE : 4/1/2025 <br />FROM: Erin Michaels – Property Development Manager <br />SUBJECT: Real Estate Transfer Agreement & Resolutions <br />Between RDC & Airport Authority <br />Funding Source* (circle) River West; River East; South Side; Douglas Road; West Washington; RDC General; Riv. East Res. <br />* Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by the City Controller, then the <br />authorization of the expenditure of such funds shall be void and of no effect. <br />PURPOSE OF REQUEST: Approval of a Transfer Agreement and Resolutions Regarding Property Owned by RDC <br />and Airport Authority <br />SPECIFICS: The proposed Transfer Agreement between the Redevelopment Commission and the St. Joseph <br />Airport Authority would transfer ownership of four (4) parcels near the South Bend International Airport located <br />at 1743 N Commerce Drive from the Commission to the Authority and one (1) parcel located at 4208 Old <br />Cleveland Rd near the proposed New Day Intake Center from the Authority to the Commission. <br />The four (4) parcels located at 1743 N Commerce Dr that the Commission currently owns were acquired for the <br />purpose of extending Voorde Drive to the airport. The Airport Authority would like to utilize these parcels to <br />improve access to the parking lots near the airport. The four (4) parcels have little redevelopment potential for <br />the Commission and little value for any future owner other than the Airport Authority. <br />The one (1) parcel located at 4208 Old Cleveland Rd that the Airport Authority currently owns would be utilized <br />for future redevelopment of the area. The Commission owns other property on Old Cleveland, adding 4208 Old <br />Cleveland would further the possibilities of redevelopment. <br />Staff recommends approval. <br />_________________________Pres/V-Pres <br />ATTEST: __________________Secretary <br />Date: ____________________ <br /> APPROVED Not Approved <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />April 10, 2025 <br />