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HomeMy WebLinkAbout5A06 Bid Specifications Bendix SiteSouth Bend Redevelopment Commission 227 West Jefferson Boulevard, Room 1308, South Bend, Indiana Redevelopment Commission Agenda Item DATE: 10/21/2024 FROM: Joseph Molnar, Assistant Director of Growth & Opportunity SUBJECT: Disposition of Lot 2 Bendix Drive Minor Subdivision Funding Source* (circle) River West; River East; South Side; Douglas Road; West Washington; RDC General; Riv. East Res. * Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by the City Controller, then the authorization of the expenditure of such funds shall be void and of no effect. PURPOSE OF REQUEST: Begin Disposition Process of Lot 2 of the Bendix Drive Minor Subdivision SPECIFICS: The Redevelopment Commission (RDC) acquired Lot 2 of the Bendix Drive Minor Subdivision (the “Property ”) through a certain Real Estate Purchase Agreement executed on January 25, 2024 for the sum of $277,750.00. Staff believe this property is a prime redevelopment opportunity for the surrounding neighborhood. The attached three documents – Bid Specifications, Noticed of Intended Disposition, and Resolution establishing offering price – are the beginning of the process for the property to be redeveloped and set the following conditions for a bid on the Property: -$277,750 minimum bid (average of two appraisals) -All bids will be due by 9:00 a.m. on November 25, 2024 and opened publicly at the RDC meeting on November 25, 2024 -During the review process, emphasis will be placed on compatibility with and support of the goals and objectives of the surrounding businesses and neighborhood and the Development Plan for the River West Development Area. Proposed re-uses that contemplate future development of self- storage facilities, car washes, and/or gas stations on the property will be rejected. Staff requests approval of all three items. _________________________Pres/V-Pres ATTEST: __________________Secretary Date: ____________________ APPROVED Not Approved SOUTH BEND REDEVELOPMENT COMMISSION 10-24-2024  Bid Specifications & Design Considerations Sale of Redevelopment Owned Property Lot 2 South Bend Comm School Corp Bendix Dr Minor River West Development Area 1.All of the provisions of I.C. 36-7-14-22 will apply to the bidding process. 2.All offers must meet the minimum price listed on the Offering Sheet (page 7). 3.Proposals for redevelopment are required to be for projects that are permitted within the I Industrial zoning designation. All proposals must conform to the existing zoning provisions as outlined in the South Bend Zoning Ordinance Title 21 of the City of South Bend Municipal Code. Proposals for the reuse of the property must include a basic reuse plan for the site and a project timeline detailing aspects of the site redevelopment and site improvements. During the review process, emphasis will be placed on compatibility with and support of the goals and objectives of the surrounding businesses and neighborhood and the Development Plan for the River West Development Area. Proposed re-uses that contemplate future development of self-storage facilities, car washes, and/or gas stations on the property will be rejected. 4.Bidders are prohibited from the use of the property for speculation or land-holding purposes. 5.All other provisions of the River West Development Area Development Plan must be met.