Loading...
HomeMy WebLinkAbout5A4 Notice of Intended Disposition (Taylor, Wayne & Western Lots) - SignedSouth Bend Redevelopment Commission 227 West Jefferson Boulevard, Room 1308, South Bend, Indiana Redevelopment Commission Agenda Item D ATE : 7/17/2025 FROM: Erin Michaels – Property Development Manager SUBJECT: Disposition of City-Owned Lots at Taylor, Wayne & Western 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 City-Owned Lots at Taylor, Wayne & Western SPECIFICS: The Redevelopment Commission (RDC) currently owns eleven (11) parcels bounded by Taylor, Wayne & Western and acquired these parcels for the purpose of redevelopment. 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: - $370,500 minimum bid (average of two appraisals) -All bids will be due by 9:00am on August 14, 2025 and opened publicly at the RDC meeting on August 14, 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. _________________________Pres/V-Pres ATTEST: __________________Secretary Date: ____________________ APPROVED Not Approved SOUTH BEND REDEVELOPMENT COMMISSION July 24, 2025  Notice of Intended Disposition of Property RIVER WEST DEVELOPMENT AREA WILLIAM ST | LOTS 1, 2 & 3 VAILS SUB OF BLOCK 6 | 71-08-11-280-005.000-026 512 W WAYNE | 38 1/2 FT E SIDE 74 1/2 FT N SIDE LOT 8 & 10 FT S END OF 38 1/2 X 84 FT NE PT LOT 8 VAILS SUB BLOCK 6 | 71-08-11-280-004.000-026 V\L ADJ 514 W WAYNE | 19 1/2'E SIDE 74'W END & 19 1/2'S & ADJ LOT 7 19 1/2'W SIDE 74'N END & 10X19 1/2'S & ADJ LOT 8 VAILS BLK 6 | 71-08-11-280-003.000-026 520 W WAYNE | 35 1/2 FT & 38.5 FT NW COR LOT 7 VAILS SUB BLOCK 6 | 71-08-11-280-002.000-026 V\L ADJ 304 S TAYLOR | 38 1/2'S END 74'N END 38.5'W END OF SIDE LOT 7 & 10'S END 38.5' NW PT LOT 7 VAILS SUB BLK 6 | 71-08-11-280-001.000-026 310 TAYLOR | 44 1/2 FT MID PT EA LOTS 7 & 8 VAILS SUB BLK 6 | 71-08-11-280-006.000-026 319 WILLIAM | 3 Rds S End Ea Lots 2 & 3 & E 1/2 Vac Alley W & Adj Vails Sub Block 6 | 71-08-11-280- 010.000-026 323 WILLIAM | LOT 4 & E 1/2 VAC ALLEY W & ADJ VAILS SUB BLOCK 6 | 71-08-11-280-011.000-026 507 WILLIAM | Lot 5 & W 49.5' Lot 6 & E 1/2 Vac Alley W & Adj Vails Block 6 | 71-08-11-280-012.000-026 501 WESTERN | 66 FT E END LOT 6 VAILS SUB BLOCK 6 | 71-08-11-280-013.000-026 318 S TAYLOR | Lots 10 Thru 12 & W 1/2 Vac Alley E & Adj Vails Sub Block 6 07/08 Split to 041201 5052WD 7/18/06 | 71-08-11-280-009.000-026 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 August 14, 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 August 14, 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 WILLIAM ST, LOTS 1, 2 & 3 VAILS SUB OF BLOCK 6, 71-08-11-280- 005.000-026; 512 W WAYNE, 38 1/2 FT E SIDE 74 1/2 FT N SIDE LOT 8 & 10 FT S END OF 38 1/2 X 84 FT NE PT LOT 8 VAILS SUB BLOCK 6, 71-08-11-280-004.000-026; V\L ADJ 514 W WAYNE, 19 1/2'E SIDE 74'W END & 19 1/2'S & ADJ LOT 7 19 1/2'W SIDE 74'N END & 10X19 1/2'S & ADJ LOT 8 VAILS BLK 6, 71-08-11-280- 003.000-026; 520 W WAYNE, 35 1/2 FT & 38.5 FT NW COR LOT 7 VAILS SUB BLOCK 6, 71-08-11-280- 002.000-026; V\L ADJ 304 S TAYLOR, 38 1/2'S END 74'N END 38.5'W END OF SIDE LOT 7 & 10'S END 38.5' NW PT LOT 7 VAILS SUB BLK 6, 71-08-11-280-001.000-026; 310 TAYLOR, 44 1/2 FT MID PT EA LOTS 7 & 8 VAILS SUB BLK 6, 71-08-11-280-006.000-026; 319 WILLIAM, 3 Rds S End Ea Lots 2 & 3 & E 1/2 Vac Alley W & Adj Vails Sub Block 6, 71-08-11-280-010.000-026; 323 WILLIAM, LOT 4 & E 1/2 VAC ALLEY W & ADJ VAILS SUB BLOCK 6, 71-08-11-280-011.000-026; 507 WILLIAM, Lot 5 & W 49.5' Lot 6 & E 1/2 Vac Alley W & Adj Vails Block 6, 71-08-11-280-012.000-026; 501 WESTERN, 66 FT E END LOT 6 VAILS SUB BLOCK 6, 71-08-11-280- 013.000-026; and 318 S TAYLOR, Lots 10 Thru 12 & W 1/2 Vac Alley E & Adj Vails Sub Block 6 07/08 Split to 041201 5052WD 7/18/06, 71-08-11-280-009.000-026 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 NC Neighborhood Center 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. 11 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 Erin Michaels, Property Development Manager Publish Dates: August 1 and August 8, 2025 12