HomeMy WebLinkAbout6A4 Notice of Intended Disposition of (808 S Lafayette Blvd.) - TabledSouth Bend Redevelopment Commission
227 West Jefferson Boulevard, Room 1308, South Bend, Indiana
Redevelopment Commission Agenda Item
DAT E : 12/23/2024
FROM: Erin Michaels, Property Development Manager
SUBJECT: Disposition of 808 S. Lafayette Blvd
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 808 S Lafayette Blvd.
SPECIFICS: The Redevelopment Commission (RDC) acquired 808 S Lafayette Blvd. (the “Property”) through a
certain Real Estate Purchase Agreement executed on May 31, 2012, along with (9) other parcels. City Staff
believe there may be redevelopment interest in the property.
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 disposed and set the following conditions
for a bid on the Property:
- $9,500 minimum bid (average of two appraisals)
-All bids will be due by 9:00 a.m. on February 13, 2025, and opened publicly at the RDC meeting on
February 13, 2025
-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.
Staff requests approval of all three items.
_________________________Pres/V-Pres
ATTEST: __________________Secretary
Date: ____________________
APPROVED Not Approved
SOUTH BEND REDEVELOPMENT COMMISSION
January 9, 2025
Notice of Intended Disposition of Property
RIVER WEST DEVELOPMENT AREA
Lots 22 Ft Nside Lot 190 & 12 Ft S Side Lot 191 & W1/2 Vac Alley E & Adj D Garst 1st & 12 Ft N Side Lot 188 & All Of Lot
189 & 3 Ft S Side Lot 190 & W1/2 Vac Alley E
Tax ID: 018-3042-1609 & 018-3042-1608
Commonly Known As: 808 S. Lafayette Blvd
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 Development Area until 9:00 a.m. (local time) on February 13, 2025
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 February 13, 2025 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 at Lots 22 Ft Nside Lot 190 & 12 Ft S Side Lot 191 & W1/2 Vac Alley E & Adj D Garst
1st & 12 Ft N Side Lot 188 & All Of Lot 189 & 3 Ft S Side Lot 190 & W1/2 Vac Alley E Tax ID: 018-3042-1609 & 018-3042-
1608, commonly known as 808 S. Lafayette Blvd. in the River West Development Area, South Bend, Indiana. Any proposal
submitted must be for the site as noted on the Offering Sheet. The required re-use of the property is for projects that are
permitted within the I Industrial zoning designation. Strong emphasis will be placed during the review process on compatibility
with and support of the River West Development Area and the surrounding businesses and neighborhood.
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 and
support of 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.Any factors which will assure the Commission that the sale, if made, will further the carrying out of 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; and
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 cashier’s or 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
Joseph Molnar, Assistant Director of Growth & Opportunity
Publish Dates: January 17 and January 24, 2025