HomeMy WebLinkAboutNo. 1695 approving the fair re-use value of property in the SEDA�1 *91 ktj 11 117 :l :IIa L S FI
RESOLUTION OF THE SOUTH BEND REDEVELOPMENT
COMMISSION APPROVING THE FAIR RE -USE VALUE OF
PROPERTY IN THE SAMPLE -EWING DEVELOPMENT AREA
WHEREAS, the property listed on the attached Exhibit "A" has been appraised by two qualified, independent, professional real
estate appraisers and a written and signed copy of their appraisals is contained in the Commission files; and
WHEREAS, each such appraisal has been reviewed by qualified Redevelopment staff and no corrections, revisions, or additions
were requested by such review; and
WHEREAS, the reviewer has prepared a written report which indicates that the appraisals are complete and consistent in the
factual data contained therein, comply with existing statutory and regulatory requirements and are acceptable for the determination of
fair value.
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission, Governing body of the City of South Bend
Department of Redevelopment, that based upon such appraisals and the review thereof, the fair value for the re -use indicated of the
property listed in Exhibit "A ", attached hereto and made a part hereof, is established as shown thereon and all documentation related to
such determination is contained in the Commission files.
Adopted at the rescheduled regular meeting of the South Bend Redevelopment Commission held on the 25th day of June 1999
in Room 1308 County-City Building, 221 West Jefferson Boulevard, South Bend, Indiana 46601.
ATTEST:
EugeQ S. Schwartz, Secretary
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CITY OF SOUTH BEND, INDIANA
REDEVELOPMENT COMMISSION
Z�A Z
Robert W. Hunt, President
RESOLUTION NO. 1695
(W Exhibit "A"
Offering Sheet
Disposition Parcel S
Sample -Ewing Development Area
Northwest Corner of Main and Sample
Minimum Proposed
Parcel Iize Purchase Price Re -the
Disp. Parcel 5 approx. 41,000 sf $15,725 Industrial
Disp. Parcel 5 approx. 41,000 sf $33,550 Commercial
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STUDEBAKER CORRIDOR DEVELOPMENT AREA
Bid Specifications and Design Considerations
Purchase of Redevelopment Property
Northwest corner of Sample and Main St.
Disposition Parcel 5
All of the provisions of I.C. 36- 7 -14 -22 will apply to the bidding process.
2. All offers must not exceed a purchase price of $ 33,550.
3. The minimum site coverage should be 20% (building to site ratio).
4. All proposals must conform to the zoning requirements set forth for "D" light industrial
areas. All proposals must conform to height and area requirements as set forth for "I""
areas.
5. All proposals must conform to the Studebaker Corridor Design Guidelines.
6. Proposed parkways and sidewalks should be consistent with existing parkway and sidewalk
dimensions.
7. All proposals must include a plan for on -site parking, storage, screening and landscaping, as
appropriate to the particular development.
8. All on -site storage areas must be screened with appropriate landscaping and /or fencing.
Barbed wire or razor wire on top of fencing is not acceptable. Trees, bushes or shrubs
should be a minimum of 6' high and spaced a maximum of 3' apart, depending on the nature
of the planting. Preference will be given to proposals which minimize the use of outside
storage areas.
9. The entire site will be properly landscaped according to the requirements set forth in the
Studebaker Corridor Design Guidelines.
10. Preference may be given to the bidder who is willing to undertake additional investment in
projects other than industrial, warehouse or convenience /service station projects that will
help implement the Downtown/East Bank plan.
11. Preference may be given to the bidder who will not request a tax abatement for the project
to be developed on the Main - Sample parcel.
12. Preference may be given to the bidder who agrees to work with the Urban Enterprise
Association and its Zone Resident Employment Program to place qualified zone residents in
jobs.
13. Preference may be given to the bidder who agrees to work with adjoining property owners
to organize property lines, circulation and parking in a coherent and cohesive site plan.
14. Preference may be given to the bidder who is proposing retail, a retail related or mixed -use
project that does not include the sale or dispensing of alcoholic beverages.
15. Preference may be given to designs which:
distribute building bulk along the South -East portion of the site, with on -site parking
and auto related functions located in the rear, or by other means, provide a visual or
physical definition between the site and the public right of way;
incorporate the historical theme of "Studebaker" into the proposal;
focus on the design of any building(s) as a means for drawing customer attention to
service being provided or business being conducted, in lieu of outdoor advertising
signage; and
utilize masonry or an approved material other than metal, as the primary building
material for facades.
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16. Any portion of the site not used for buildings, streets, loading /staging areas or driveways
co shall be planted and maintained as a landscaped area.
17. Bidders are required to present their proposals at a Redevelopment Commission meeting.
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18. All other provisions of the Sample Ewing Development Plan and Studebaker Corridor
Design Guidelines must be met.
19. No outdoor advertising sign (off - premise sign) shall be located on this parcel and this will
be included as a restrictive covenant in the deed.
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