HomeMy WebLinkAbout4A Brick and Cleveland Request to Advertise_RDC approved$p[3T$ B
Department of
Community Investment
1865
Memorandum
August 11, 2016
TO: South Bend Redevelopment Commission
FROM: David Relos, Economic Resources ot,
SUBJECT: Request to Advertise
5 Lots on Brick / Cleveland Road Disposition
Attached is the Notice of Intended Disposition of Property (Notice) for property on the
north side of Brick / Cleveland Roads between Ameritech and Dylan Drives, in the River
West Development Area.
This Notice will be advertised in both the South Bend Tribune and the Tri- County News
on August 19 and August 26, 2016.
Staff requests approval of this Notice and the Request to Advertise, for the eventual
disposition of this property.
APPROVE- D
227 W. JEFFERSON BLVD. SOUTH BEND, IN 46601 1 P: 574 - 235 -9371 1 FAX: 574 - 235 -9021 1 SOUTHBENDIN.GOV
Notice of Intended Disposition of Property
RIVER WEST DEVELOPMENT AREA
Five Parcels on the north side of Brick / Cleveland Roads
between Ameritech and Dylan Drives
South Bend, Indiana
Notice is hereby given that the Redevelopment Commission of the City of South Bend, Indiana, will receive sealed offers for the
purchase of certain property situated in the River West DevelopmentArea until 9:00 a.m. (localtime) on the 15th day of September
2016 in the Office of the Department of Redevelopment, 1400 S. County -City Building, 227 West Jefferson Boulevard, South Bend,
Indiana, 46601. All offers will be publicly opened and read aloud at 9:30 a.m. (local time) on the 15th day of September 2016 at
the Regular Meeting of the Redevelopment Commission to be held that date and time in Room 1308 County -City Building, 227
West Jefferson Boulevard, South Bend, IN 46601, or in the event of cancellation or rescheduling, at the Redevelopment
Commission's subsequent regular meeting or rescheduled regular meeting held at a time and place given by public notice. Bid
proposals for the purchase of the property offered will be considered.
The property being offered is located on the north side of Brick / Cleveland Roads between Ameritech and Dylan Drives, in the
River West Development Area, South Bend, Indiana. The required re -use of the parcels is for projects that are permitted within the
Commercial or Light Industrial zoning designation. Strong emphasis will be placed during the review process on compatibility with
the River West Development Area and the surrounding businesses and industrial parks.
A packet containing bid forms, the Offering Sheet and other pertinent information may be picked up at the Department of
Community Investment, 1400 S. County -City Building, 227 West Jefferson Boulevard, South Bend, IN 46601.
The Commission reserves the right to reject any and all bids, and to make the award to the highest and best bidder. In determining
the best bid, the Commission will take into consideration the following:
1. The use of the improvements proposed to be made by each bidder on the property, and their compatibility with the
proposed re -use as described in the Offering Sheet
2. Each bidder's ability to improve the property with reasonable promptness
3. Each bidder's proposed purchase price
4. Anyfactorswhich will assure the Commission that the sale, if made, will furtherthe carrying outof the Development Plan
for the River West Development Area and will best serve the interest of the community from the standpoint of human
and economic welfare
5. The ability of each bidder to finance the proposed improvements to the property with reasonable promptness
The Commission further reserves the right to waive any formalities in bidding which are not mandatory requirements.
A bid submitted by a trust (as defined in IC 30- 4- 1 -1(a)) must identify each:
(A) beneficiary of the trust; and
(B) settlor empowered to revoke or modify the trust.
To secure the execution of the disposition agreement, the purchase of the property and the redevelopment thereof in accordance
with the agreement, the bidder must submit with the proposal a faithful performance guaranty, in the sum of ten percent (10 %) of
the amount offered for the purchase of the property. The guaranty sum may be in the form of a certified check, a cashier's check,
surety bond, letter of credit from a bank or trust company as approved by the Redevelopment Commission, or by other sufficient
security, but the form, substance and terms of the performance guaranty must be approved as satisfactory by the Redevelopment
Commission. The performance guaranty, if by certified check, shall be deposited in any account of the Department of
Redevelopment, City of South Bend, in a bank or trust company selected by the Redevelopment Commission.
CITY OF SOUTH BEND, INDIANA
DEPARTMENT OF COMMUNITY INVESTMENT
Brian Pawlowski, Interim Executive Director
Publish Dates: August 19 and August 26, 2016
11
�•�' .Y � ~I -,.i_��— II'r II.i Ili � � I� ��
"I poll
ti , f M�
ct
ywl. r
4�
I
'- ' Brick-Rd
Lw
y '•�I i 1 � ' - �4
48 j 1
! MIR
No R.
'' " 1