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Memorandum
May 30, 2013
TO: Redevelopment Commission
FROM: David Relos, Economic Resources Associate'
SUBJECT: Res. No. 3142 — Acquisition Offer for 1505 S. Kendall
This Memorandum is for the acquisition of 1505 S. Kendall. This property was added to
the Airport Economic Development Area's Acquisition List by Resolution No. 2668 on
May 21, 2010. It was added in an effort to clean and clear the southern boundary of
Ignition Park, and to help stabilize the Rum Village neighborhood to the south.
This is a commercial property that contains 2 lots and a building. The property owner
would like to participate in the goals of the Commission to clean and clear this area.
Resolution No. 3142 sets the acquisition value of the property at $26,250. The
acquisition value is the average value as determined by two independent appraisals.
Staff requests approval of Resolution No. 3142, to allow the acquisition of this property
to proceed.
227 W. JEFFERSON BLVD. SOUTH BEND, IN 46601 1 P: 574- 235 -9371 1 FAX: 574 - 235.9021 1 SOUTHBENDIN.GOV
RESOLUTION NO. 3142
A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION
RELATED TO ACQUISITION OF PROPERTY IN THE
AIRPORT ECONOMIC DEVELOPMENT AREA
WHEREAS, under the authority granted by Indiana Code § 36 -7 -14, et seq. and
in furtherance of the Airport Economic Development Area Plan ("Plan''), the South Bend
Redevelopment Commission ('Commission ") has determined that it is necessary to
acquire unencumbered fee simple interest in certain property located within the area
heretofore designated as the Airport Economic Development Area (the "Area ") within
the City of South Bend, Indiana (the "City'), which property is more particularly
described at Exhibit A attached hereto and incorporated herein (`Property'); and
WHEREAS, on May 21, 2010, the Commission adopted Resolution No. 2668
amending the Plan and adding the Property to the Area's acquisition list; and
WHEREAS, two (2) independent appraisals of the Property have been obtained
in accordance with Indiana Code § 36- 7- 14- 19(b), which provide an offering price of
$26,250.00 (the "Offering Price'); and
WHEREAS, the Commission now desires to authorize its authorized agents,
hired for such purposes, or the staff of the Commission to provide and negotiate an offer
for the Purchase of the Property in accordance with Indiana Code § 36- 7- 14-19, which
may include relocation costs and the Commission's payment of expenses incidental to the
conveyance and determination of the title of the Property; and
WHEREAS, the Commission finds that all procedures necessary for
authorizing and acquiring the Property have been completed in accordance with Indiana
law;
NOW, THEREFORE, BE IT RESOLVED by the South Bend
Redevelopment Commission that:
1. Authorized agents of the Commission and the staff of the Commission are
hereby authorized and directed to cause a purchase offer to be made in writing to the
owner(s) of the Property as described at Exhibit A at the Offering Price (the "Average
Acquisition Price" in Exhibit A) in accordance with Indiana Code § 36- 7- 14-19, which
offer or process may include relocation costs and the payment of expenses incidental to
the conveyance and determination of the title of the Property.
2. The Commission's agents and attorneys are hereby authorized and
directed to negotiate and prepare documentation necessary to accomplish the acquisition
of the Property in accordance with this Resolution and in a form acceptable to legal
counsel.
3. The Commission hereby ratifies any actions of its staff or legal counsel
previously taken consistent with the authority provided in Section 1 or 2 hereof.
Notwithstanding the foregoing, no representations, contract or understanding relative to
the purchase of the Property, whether made by a Commissioner, employee or other agent
or official, is binding against the Commission until approved and accepted by the
Commission in writing. The Commission hereby accepts, in advance, any purchase of
the Property pursuant to a uniform acquisition offer set forth at Indiana Code § 32 -24-1-
5 (or a purchase offer deemed by legal counsel to be substantially similar to said Uniform
Acquisition Offer, which may include the payment of expenses incidental to the
conveyance and determination of title).
4. Commission staff members are authorized to execute on behalf of the
Commission any documents necessary to carry out the intent of this resolution.
ADOPTED at a Regular Meeting of the South Bend Redevelopment
Commission held on May 30, 2013, at 1308 County -City Building, 227 West Jefferson
Boulevard, South Bend, Indiana 46601.
CITY OF SOUTH BEND,
DEPARTMENT OF REDEVELOPMENT
Printed Name and ntle
South Bend Redevelopment Commission
ATTEST:
Prinied Name an /tile
South Bend Redevelopment Commission
EXHIBIT A
PROPERTY DESCRIPTION AND OFFERING PRICE
Average Acquisition
Tax Key No.
Address
Owner
Price
18-8025-1015,1016
1505 S. Kendall
Darrel L. Austin
$26,250.00