6C(3) Authorization Main Western Block

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c ~~~ • • SpU7'H B . of q`1 ~ ~ i ~;;;/~ F'~o, ~ ~ ~. U~\U,~„ ~%, ~I Community & Economic Development ~~~,`'~"'~,>a~' . -~ =. 1865 1200 County-City Building, 227 West Jefferson, South Bend, Indiana 46601-1830 Phone 574/235-9371 Fax 574/235-9021 To: Redevelopment Commission From: Bill Schalliol, Economic Development Planner ~~ c __ `, Subject: Main & Western Development Block Date: March 3, 2009 In 1973, the City of South Bend acquired property in the Main and Western Development Block which is bound by Main, Western, Michigan/St. Joseph and Monroe. In 1995, the Redevelopment Commission sold off a tract of land in the northeast quad which was developed into the Federal Bankruptcy Court building. In 2002, the Redevelopment Commission acquired additional properties in the block for the purpose of the construction of a new South Bend Community School Corporation office which was proposed to be located on this block. No new development has occurred within the Development Block for many years, but with ownership changes in the McNeese property and the Inwoods property, the opportunity has presented itself to replat the block in cooperation with the two other block property owners. The Redevelopment Commission presently owns 9 parcels in the block. The commission owned lots are covered by big asphalt parking lots that are of marginal value and are largely in disrepair. The owners of the court building own 5 of the 19 lots on the block and the remaining property owner owns 5 parcels. (See attached map). In cooperation with the other two property owners, a new property plat has been prepared for the Development Block. (See attached map #1 -new parcels outlined in red). After all of the platting is completed, the Redevelopment Commission will own one parcel, the court will occupy one parcel and the owner of the Inwood's/McNeese site will own one parcel. After many years, this plat will resolve some longstanding property ownership issues and allow for the marketing of a development site in the Development Block. The action staff requests of the Commission is to allow Donald E. Inks, Director of Economic Development, to be authorized to sign a final site plat (see attached map #2) and to allow staff to finalize this transaction. Staff requests commission approval for this project. What We Do Today Makes A Difference!