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Home My WebLink About5A6 212 & 216 S. Michigan St. – State Theatre Disp. (Res. No. 3654, Bid Specs, Notice) - SignedSouth Bend Redevelopment Commission 215 S. Dr. Martin Luther King, Jr. Blvd., Room 301, South Bend, Indiana Redevelopment Commission Agenda Item D ATE : 10/15/2025 FROM: Erin Michaels – Property Development Manager SUBJECT: Disposition of 212 & 216 S Michigan (State Theatre) 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 212 & 216 S Michigan St (State Theatre) SPECIFICS: The Redevelopment Commission (RDC) acquired the former State Theatre located at 212 & 216 S Michigan St through a purchase agreement dated February 10, 2025 to allow for the redevelopment of a significant historic structure in downtown South Bend. Emergency stabilization efforts have been completed for the building and 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: - $830,000 minimum bid (average of two appraisals) -All bids must contain a project plan for redevelopment and proposed end use of the property -All bids will be due by 9:00am on November 13, 2025 and opened publicly at the RDC meeting on November 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. _________________________Pres/V-Pres ATTEST: __________________Secretary Date: ____________________ APPROVED Not Approved SOUTH BEND REDEVELOPMENT COMMISSION October 23, 2025  RESOLUTION NO. 3654 RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION ESTABLISHING THE OFFERING PRICE, APPROVING BID SPECIFICATIONS, AND APPROVING NOTICE OF INTENDED DISPOSITION OF PROPERTY IN THE RIVER WEST 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 staff member of the Department of Community Investment, and no corrections, revisions, or additions were requested by such reviewer; and WHEREAS, bid specifications and design considerations pertaining to the disposition of the Property have been prepared in accordance with the Act, in the form attached hereto as Exhibit B; and WHEREAS, a Notice of Disposition of Property has also been prepared in accordance with the Act, in the form attached hereto as Exhibit C; and WHEREAS, the Commission now desires to approve of each of these documents to initiate the disposition process of the Property. NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission, as follows: 1. Based upon the 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. 2. The bid specifications and design considerations prepared for the Property as set forth in Exhibit B are hereby approved. 3. The Notice of Disposition of Property, in the form set forth in Exhibit C, is hereby approved, and shall be published in accordance with Ind. Code § 5-3-1. 4.The staff of the Department of Community Investment is hereby authorized and directed to take all other actions required by Section 22 of the Act on behalf of the Commission in order to effectuate the disposal of the Property. 5.This Resolution shall take effect immediately upon adoption by the Commission. ADOPTED and APPROVED at a meeting of the South Bend Redevelopment Commission held on October 23, 2025 at County-City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601. SOUTH BEND REDEVELOPMENT COMMISSION ____________________________ Troy Warner, President ATTEST: ____________________________ Eli Wax, Secretary EXHIBIT A Offering Sheet Property Size Minimum Offering Price Proposed Re-Use S 1/2 Lot 57 & 20 Ft 8 3- 4 1 Inches N Side Lot 56 O P South Bend AND 45 Ft S Side Lot 56 O P South Bend 018-3003-0047 AND 018-3003-0048 71-08-12-158-003.000- 026 AND 71-08-12-158- 004.000-026 Commonly Known As 212 S Michigan St AND 216 S Michigan St Site: 0.37 acres $830,000.00 Projects that are permitted within the DT Downtown zoning designation and must contain a project plan for redevelopment and proposed end use of the property. Strong emphasis will be placed during the review process on compatibility with and support of the goals and objectives of the River West Development Area and the surrounding businesses and neighborhood. EXHIBIT B Bid Specifications and Design Considerations Sale of Redevelopment Owned Property S 1/2 Lot 57 & 20 Ft 8 3-4 1 Inches N Side Lot 56 O P South Bend AND 45 Ft S Side Lot 56 O P South Bend Tax ID: 018-3003-0047 AND 018-3003-0048 / Commonly Known As: 212 S Michigan St AND 216 S Michigan St 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 DT Downtown zoning designation and must contain a project plan for redevelopment and proposed end use of the property. 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. 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. EXHIBIT C Notice of Intended Disposition of Property RIVER WEST DEVELOPMENT AREA S 1/2 Lot 57 & 20 Ft 8 3-4 1 Inches N Side Lot 56 O P South Bend AND 45 Ft S Side Lot 56 O P South Bend Tax ID: 018-3003-0047 AND 018-3003-0048 Commonly Known As: 212 S Michigan St AND 216 S Michigan St 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 November 13, 2025 in the Office of the Department of Redevelopment, 215 S. Dr. Martin Luther King Jr. Blvd., Suite 500, South Bend, Indiana, 46601. All offers will be publicly opened and read aloud at 9:30 a.m. (local time) on the November 13, 2025 at the Regular Meeting of the Redevelopment Commission to be held that date and time in 215 S. Dr. Martin Luther King Jr. Blvd., Room 301, 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 S 1/2 Lot 57 & 20 Ft 8 3-4 1 Inches N Side Lot 56 O P South Bend AND 45 Ft S Side Lot 56 O P South Bend, Tax ID: 018-3003-0047 AND 018-3003-0048, commonly known as 212 S Michigan St & 216 S Michigan St. 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 DT Downtown zoning designation and must contain a project plan for redevelopment and proposed end use of the property. 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, 215 S. Dr. Martin Luther King Jr. Blvd., Suite 500, 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 Erin Michaels, Property Development Manager Publish Dates: October 31 and November 7, 2025