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Resolution No. 3653 534 Laporte Ave. Disposition (Bid Specs, Notice ) - Signed
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Resolution No. 3653 534 Laporte Ave. Disposition (Bid Specs, Notice ) - Signed
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10/23/2025 12:21:22 PM
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Dept of Community Investment
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EXHIBIT B <br /> <br /> <br />Bid Specifications and Design Considerations <br /> <br />Sale of Redevelopment Owned Property <br />60 FT SWLY OF LOTS 32 & 33 ORCHARD HTS 1ST <br />Tax ID: 018-1037-1644/ Commonly Known As: 534 Laporte Ave <br />River West Development Area <br /> <br />1. All of the provisions of I.C. 36-7-14-22 will apply to the bidding process. <br /> <br />2. All offers must meet the minimum price listed on the Offering Sheet (page 7). <br /> <br />3. Proposals for redevelopment are required to be for projects that are permitted <br />within the UF Urban Neighborhood Flex zoning designation and must commit to <br />a minimum investment of $20,000 to redevelop the property and complete <br />construction within 24 months of closing date. All proposals must conform to the <br />existing zoning provisions as outlined in the South Bend Zoning Ordinance Title <br />21 of the City of South Bend Municipal Code. <br /> <br />Proposals for the reuse of the property must include a basic reuse plan for the <br />site and a project timeline detailing aspects of the site redevelopment and site <br />improvements. During the review process, emphasis will be placed on <br />compatibility with and support of the goals and objectives of the surrounding <br />businesses and neighborhood and the Development Plan for the River West <br />Development Area. <br /> <br />4. Bidders are prohibited from the use of the property for speculation or land- <br />holding purposes. <br /> <br />5. All other provisions of the River West Development Area Development Plan must <br />be met.
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