HomeMy WebLinkAbout5D1 Certificates of Completion (Old Fort Building Supply)
Redevelopment Commission Agenda Item
DATE: 4/24/23
FROM: Erik Glavich, Director, Growth & Opportunity
SUBJECT: Certificates of Completion (Old Fort)
Which TIF? (circle one) River West; River East; South Side; Douglas Road; West Washington
PURPOSE OF REQUEST: Certificates of Completion for Real Estate Purchase Agreements with Old Fort
Building Supply of South Bend Inc. (Old Fort) for properties north of W. Broadway St. between S.
Lafayette Blvd. and S. Main St. in South Bend.
SPECIFICS: The Commission will consider two Certificates of Completion for Real Estate Purchase
Agreements approved in 1996 and 2002, respectively.
On Feb 2, 1996, the Commission entered into a Real Estate Purchase Agreement (Agreement #1) with
Old Fort Building Supply of South Bend Inc. (Old Fort), for the property located at 1321 S. Main St.
(Parcel ID 018-8004-0188), 1323 S. Main St. (Parcel ID 018-8004-0190), and 207 W. Broadway St. (Parcel
ID 018-8004-0189) for the price of $18,5000. On October 18, 2002, the Commission entered into a Real
Estate Purchase Agreement (Agreement #2) with Old Fort for the property located at the northeast
corner of S. Lafayette Blvd. and W. Broadway St. (Parcel ID 018-8004-0166) for the price of $100.
Per Section IV of Agreement #1, Old Fort agreed to demolish a dilapidated building on the site and
construct a parking lot. Per Section IV of Agreement #2, Old Fort agreed to develop the lot for the
outside storage of masonry materials. Old Fort has met their obligations and now requests Certificates
of Completion. The Certificates will be recorded, acknowledging the Commission no longer has a
reversionary interest in the properties. Staff recommends approval of the Certificates.
INTERNAL USE ONLY: Project Code: _______________________________________________;
Total Amount new/change (inc/dec) in budget: _______________; Break down:
Costs: Engineering Amt: ______________________; Other Prof Serv Amt_________________;
Acquisition of Land/Bldg (circle one) Amt: ___________; Street Const Amt ________________;
Building Imp Amt_________; Sewers Amt_________; Other (specify) Amt: ________________
___________________________________________. Going to BPW for Contracting? Y/N
Is this item ready to encumber now? ____ Existing PO#__________ Inc/Dec $_____________
_________________________Pres/V-Pres
ATTEST: __________________Secretary
Date: ____________________
Approved Not Approved
SOUTH BEND REDEVELOPMENT COMMISSION
CROSS REFERENCE:
Document No. , recorded
CERTIFICATE OF COMPLETION
This Certificate of Completion (this “Certificate”) is issued on April 27, 2023, by the City
of South Bend, Indiana, Department of Redevelopment, acting by and through the South Bend
Redevelopment Commission (the “Commission”), pursuant to the Real Estate Purchase
Agreement by and between the Commission and Old Fort Building Supply of South Bend Inc. (the
“Buyer”), dated February 2, 1996 (the “Agreement”).
The Commission states as follows:
1. Pursuant to the Agreement, the Commission conveyed to the Buyer the real
property described in attached Exhibit A (the “Property”) by the special warranty deed recorded
on April 11, 1996, as Document No. 9613326 in the Office of the Recorder of St. Joseph County,
Indiana (the “Deed”).
2. Section IV of the Agreement established certain obligations (the "Development
Obligations") of the Buyer following its acceptance of the Deed from the Commission. The
Commission hereby acknowledges and affirms that the Buyer has performed all of its
Development Obligations as required under the Agreement and has provided satisfactory evidence
of the same.
3. This Certificate will serve as a conclusive determination of the Buyer’s satisfaction
of the Development Obligations and, upon recordation, will constitute a full release of the
Commission’s reversionary interest in the Property established under the Deed and Section IV of
the Agreement.
4. This Certificate does not amend or otherwise alter the Agreement, and this
Certificate shall be binding upon the Commission and its successors and assigns and shall inure to
the benefit of the Buyer and its successors in interest.
[Signature page follows.]
SOUTH BEND
REDEVELOPMENT COMMISSION
______________________________
Marcia Jones, President
ATTEST:
______________________________
Vivian Sallie, Secretary
STATE OF INDIANA )
) SS:
ST. JOSEPH COUNTY )
Before me, the undersigned, a Notary Public, in and for said County and State, personally
appeared Marcia Jones and Vivian Sallie, known to me to be the President and Secretary,
respectively, of the South Bend Redevelopment Commission and acknowledged the execution of
the foregoing Certificate of Completion.
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed my official
seal on the _________ day of _____________________.
My Commission Expires: ____________________________________
Notary Public
_______________________ Residing in St. Joseph County, Indiana
I affirm, under the penalties for perjury, that I have taken reasonable care to redact each Social Security number in this do cument, unless required
by law. Danielle Campbell Weiss
This instrument was prepared by Danielle Campbell Weiss, 1200 S. County-City Building, 227 W. Jefferson Blvd., South Bend, Indiana 46601.
EXHIBIT A
Description of Property
Parcel Key Number: 018-8004-0188
Commonly known as: 1321 S MAIN
Legal Description: N 1/2 LOT 11 SAMUEL C STULL 1ST ADD
Parcel Key Number: 018-8004-0189
Commonly known as: 207 BROADWAY
Legal Description: 45' W END S 1/2 LOT 11 SAMUEL C STULL 1ST ADD
Parcel Key Number: 018-8004-0190
Commonly known as: 1323 MAIN
Legal Description: S 1/2 EX 45 FT W END LOT 11 SAMUEL C STULL 1ST ADD
CROSS REFERENCE:
Document No. , recorded
CERTIFICATE OF COMPLETION
This Certificate of Completion (this “Certificate”) is issued on April 27, 2023, by the City
of South Bend, Indiana, Department of Redevelopment, acting by and through the South Bend
Redevelopment Commission (the “Commission”), pursuant to the Real Estate Purchase
Agreement by and between the Commission and Old Fort Building Supply of South Bend Inc. (the
“Buyer”), dated October 18, 2002 (the “Agreement”).
The Commission states as follows:
1. Pursuant to the Agreement, the Commission conveyed to the Buyer the real
property described in attached Exhibit A (the “Property”) by the special warranty deed recorded
on October 22, 2002, as Document No. 0256841 in the Office of the Recorder of St. Joseph County,
Indiana (the “Deed”).
2. Section IV of the Agreement established certain obligations (the "Development
Obligations") of the Buyer following its acceptance of the Deed from the Commission. The
Commission hereby acknowledges and affirms that the Buyer has performed all of its
Development Obligations as required under the Agreement and has provided satisfactory evidence
of the same.
3. This Certificate will serve as a conclusive determination of the Buyer’s satisfaction
of the Development Obligations and, upon recordation, will constitute a full release of the
Commission’s reversionary interest in the Property established under the Deed and Section IV of
the Agreement.
4. This Certificate does not amend or otherwise alter the Agreement, and this
Certificate shall be binding upon the Commission and its successors and assigns and shall inure to
the benefit of the Buyer and its successors in interest.
[Signature page follows.]
SOUTH BEND
REDEVELOPMENT COMMISSION
______________________________
Marcia Jones, President
ATTEST:
______________________________
Vivian Sallie, Secretary
STATE OF INDIANA )
) SS:
ST. JOSEPH COUNTY )
Before me, the undersigned, a Notary Public, in and for said County and State, personally
appeared Marcia Jones and Vivian Sallie, known to me to be the President and Secretary,
respectively, of the South Bend Redevelopment Commission and acknowledged the execution of
the foregoing Certificate of Completion.
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed my official
seal on the _________ day of _____________________.
My Commission Expires: ____________________________________
Notary Public
_______________________ Residing in St. Joseph County, Indiana
I affirm, under the penalties for perjury, that I have taken reasonable care to redact each Social Security number in this do cument, unless required
by law. Danielle Campbell Weiss.
This instrument was prepared by Danielle Campbell Weiss, 1200 S. County-City Building, 227 W. Jefferson Blvd., South Bend, Indiana 46601.
EXHIBIT A
Description of Property
Parcel Key Number: 018-8004-0166
Commonly known as: LAFAYETTE
Legal Description: Lots 12 Thru 15, Vac Alley & S 22 Ft Lot 16 Stulls 1st