HomeMy WebLinkAboutResolution No. 3636 Former YMCA - Disp. Offering Price (1201 Northside) - SignedRESOLUTION NO. 3636
RESOLUTION OF THE SOUTH BEND REDEVELOPMENT
COMMISSION ESTABLISHING THE OFFERING PRICE OF
PROPERTY IN THE RIVER EAST DEVELOPMENT AREA
WHEREAS, the South Bend Redevelopment Commission (the “Commission”),
the governing body of the City of South Bend, Indiana, Department of Redevelopment,
exists and operates pursuant to I.C. 36-7-14 (the “Act”); and
WHEREAS, the Commission may dispose of real property in accordance with
Section 22 of the Act; and
WHEREAS, the real property identified at Exhibit A attached hereto and
incorporated herein (the "Property") 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’s files; and
WHEREAS, each such appraisal has been reviewed by a qualified
Redevelopment staff person, and no corrections, revisions, or additions were requested
by such reviewer.
NOW, THEREFORE, BE IT RESOLVED by the Commission, pursuant to Section
22 of the Act, that based upon such appraisals, the offering price of the Property
described at Exhibit A is hereby established as stated therein, which amount is not less
than the average of the two appraisals, and all documentation related to such
determination is contained in the Commission’s files.
IT IS FURTHER RESOLVED that all notices and other actions required by
Section 22 of the Act be performed in order to effectuate the disposal of the Property.
ADOPTED at a meeting of the South Bend Redevelopment Commission held on
April 24, 2025 at 1308 County-City Building, 227 West Jefferson Boulevard, South
Bend, Indiana 46601.
SOUTH BEND REDEVELOPMENT
COMMISSION
____________________________
Troy Warner, President
ATTEST:
____________________________
Eli Wax, Secretary
EXHIBIT A
TO RESOLUTION NO. 3636
Offering Sheet
Property Size
Minimum
Offering
Price
Proposed
Re-Use
Legal Descriptions:
1 Ac W Side Louise St Bet Ruskin St & No Side Blvd Sec 18-37-3e
.63 AC SW COR SEC 18-37-3E
1.91 AC BET CENTER LINE OF RUSKIN & NO SIDE BLVD W OF LOUISE ST
SEC 18-37-3E EX PT SOLD
.43 AC SW COR SEC 18-37-3E
PARCEL OF LAND BET RUSKIN & NO SIDE BLVD W OF LOUISE ST CONT
91 AC MORE OR LESS SEC 1837-3E
PARCEL OF LAND BET RUSKIN & NO SID BLVD 18-37-3E
Beg 407.74'S Of Sw Cor Of Louise St & Mish Ave Sec 18-37-3e Cont 1.37
Ac
Parcel Numbers
018-6014-0318
018-6014-031801
018-6014-031803
018-6014-031804
018-6014-031805
018-6014-031807
018-6014-031808
Commonly Known As:
1201 NORTHSIDE BLVD
18 LOUISE ST
1005 LOUISE ST
1201 NORTHSIDE BLVD
947 LOUISE ST
Site:
5.99
acres $576,500
Projects that
are permitted
within the NC
Neighborhood
Center zoning
designation.
Strong
emphasis will
be placed
during the
review
process on
compatibility
with and
support of the
goals and
objectives of
the River East
Development
Area and the
surrounding
businesses
and
neighborhood.