Loading...
HomeMy WebLinkAboutRedevelopment Commission Agenda & Packet 01.22.26 South Bend Redevelopment Commission 215 S. Dr. Martin Luther King, Jr. Blvd., Room 301, South Bend, Indiana Agenda Regular Meeting January 22, 2026 – 9:30 a.m. City Hall Council Chambers 3rd Floor or via: https://tinyurl.com/RDC2025-2026-Meetings Meeting Recording Link: https://tinyurl.com/RDC-Meeting-Recordings 1. Roll Call • Troy Warner, President – (Council) Jan. 2026 to Dec. 2026 • Dave Relos, Vice President – (Mayor) Jan. 2026 to Dec. 2026 • Eli Wax, Secretary – (Mayor) Feb. 2026 to Dec. 2026 • Gillian Shaw, Commissioner – (Mayor) Jan. 2026 to Dec. 2026 • Ophelia Gooden-Rodgers, Commissioner – (Council) Feb. 2026 to Dec. 2026 • Marcus Ellison, Non-Voting Advisor – (School Board) Feb. 2026 to Dec. 2026 2. Approval of Minutes A. Minutes of the Regular Meeting of January 8, 2026 3. Approval of Claims A. Claims Allowance January 14, 2026 4. Old Business A. None 5. New Business A. River West Development Area 1. Resolution No. 3663 (Establishing the Offering Price, Approving Bid Specifications, and Approving Notice of Intended Disposition of 1818 W. Sample St.) 2. Purchase Agreement for 534 Laporte Ave. (Widerquist Development, LLC) B. River East Development Area 1. Budget Request (Mishawaka Streetscape) C. Redevelopment General Fund (a.k.a. Pokagon-South Bend Fund) 1. Budget Request (2026 Business Assistance Suite) 6. Progress Reports A. Tax Abatement B. Common Council South Bend Redevelopment Commission 215 S. Dr. Martin Luther King, Jr. Blvd., Room 301, South Bend, Indiana Page | 2 C. Update – Ivy Alley 7. Next Commission Meeting Thursday, February 12, 2026, 9:30 a.m. at Council Chambers, Room 301 8. Adjournment NOTICE FOR HEARING AND SIGHT IMPAIRED PERSONS Auxiliary Aid or Other Services are Available upon Request at No Charge. Please Give Reasonable Advance Request when Possible. South Bend Redevelopment Commission 215 S. Dr. Martin Luther King, Jr. Blvd., Room 301, South Bend, Indiana Minutes Regular Meeting January 8, 2026 – 9:30 a.m. City Hall Council Chambers 3rd Floor or via: https://tinyurl.com/RDC2025-2026-Meetings Meeting Recording Link: https://tinyurl.com/RDC-Meeting-Recordings The South Bend Redevelopment Commission was called to order at 9:31 a.m. President Troy Warner presiding. 1. ROLL CALL Members Present: Troy Warner, President Dave Relos, Vice President Eli Wax, Secretary Gillian Shaw, Commissioner Ophelia Gooden-Rodgers, Commissioner Marcus Ellison, Non-Voting Advisor Legal Counsel: Sandra Kennedy, Corporation Counsel - Virtual Jenna Throw, City Attorney Redevelopment Staff: Caleb Bauer, Executive Director, DCI Sarah Schaefer, Deputy Director, DCI Erik Glavich, Director of Growth and Opportunity, DCI Lewis Kouassi, Director of Finance, DCI Joseph Molnar, Asst. Dir. of Growth and Opp., DCI Erin Michaels, Property Development Manager, DCI – Virtual Abigail Magas, City Engineer Leslie Biek, Assistant City Engineer Zach Hurst, Senior Engineer Zak Tebell, Project Engineer Blake Acosta, enFocus Fellow Jitin Kain, Deputy Director of Public Works Laura Hensley, Board Secretary, DCI Attending: Tina Patton - Virtual Matt Barrett, 110 S. Niles Ave. CITY OF SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING – January 8, 2026 Page | 2 Sue Kesim - Virtual 2. 2026 Election of Officers A. Approval of 2026 Redevelopment Commission Board Upon a motion by Eli Wax for approval, second by David Relos, the motion carried unanimously; the Commission approved the Officers of the 2026 Redevelopment Commission. 3. Approval of Minutes A. Approval of Minutes of the Regular Meeting of Thursday, December 18, 2025 Upon a motion by David Relos for approval, second by Gillian Shaw, the motion carried unanimously; the Commission approved the minutes with one noted date change in paragraph #4 from 2030 to 2037 of the regular meeting of December 18, 2025. 4. Approval of Claims A. Claims Allowances December 23, 2025 Upon a motion by Ophelia Gooden-Rodgers for approval second by Troy Warner, the motion carried unanimously; the Commission approved the claims allowances of December 23, 2025. B. Claims Allowances December 31, 2025 Upon a motion by Ophelia Gooden-Rodgers for approval second by Troy Warner, the motion carried unanimously; the Commission approved the claims allowances of December 31, 2025. Vice President Relos asked if the change orders on the claim’s reports have better descriptions. Lewis Kouassi, Director of Finance, responded that they would review and address this. 5. Old Business A. None 6. New Business A. River West Development Area 1. 2026 Appropriation for Affordable HomeMatters Lincoln Park (Intend) Joseph Molnar, Assistant Director of Growth and Opportunity, presented an appropriation request of $1.25 million in funding for the EDC statute forgivable loan to build new housing in Lincoln Park. This CITY OF SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING – January 8, 2026 Page | 3 agreement, approved by both the Redevelopment Commission and the Common Council, provides forgivable loans for projects. Each year, the Redevelopment Commission must approve funding for these projects. Current Item Today’s request is for the Lincoln Park affordable housing project, led by Intend Indiana. This project focuses on revitalizing the Lincoln Park neighborhood, one of South Bend’s oldest areas, which has lost over 70% of its population since 1960. Vacant lots dominate the neighborhood, impacting businesses, schools, city budgets, and community life. Project Details • Intend Indiana will build 92 new single-family homes on vacant lots. • Over half of the lots are provided by the city; the rest are privately acquired. • It’s a mixed-income development: o 40 homes for households earning <80% of area median income o 17 homes for households earning 80–120% (workforce housing) o Remaining homes at market rate • Total project cost: $25M o $5M from forgivable loans o $20M private investment • Agreement approved July 2024; completion expected by end of 2029. Budget Request • 2026 appropriation: $1.25M (1/5 of total subsidy) • Annual appropriations capped at $1.25M, contingent on developer progress. • Funds are released only after Intend submits an annual action plan confirming financing and construction plans. Progress to Date • 18 months in: o 7 homes completed o 13 under construction • Homes use city-approved designs to fit neighborhood character. • New sidewalks included with construction. President Warner asked if this will be the third draw and Mr. Molnar stated yes, the first was in 2024, 2025 and now 2026. Commissioner Gooden-Rodgers asked if the unfinished area next to the last home will have landscaping for a driveway prior to completion. Mr. Molnar stated CITY OF SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING – January 8, 2026 Page | 4 that he would ask Public Works about that. Tina Patton also spoke in favor of the project. Upon a motion by David Relos for approval, seconded by Ophelia Gooden-Rodgers, the motion carried unanimously; the Commission approved an Appropriation Request as presented on January 8, 2026. 2. Budget Request (Rabbi Shulman Remediation) Zach Hurst, Senior Engineer, presented this budget request for $250,000 from River West to cover additional costs for the Rabbi Shulman demolition. This amount supplements the $1.5 million appropriation approved in October, bringing the total project budget to $1.75 million. During demolition, standard practice involves opening holes in exterior walls to remove interior debris. When this was done, we discovered a layer of transite siding in the exterior walls. Transite contains friable asbestos, which crumbles easily and releases fibers into the air. Federal regulations require friable asbestos to be properly abated before demolition. This was an unforeseen condition. After discussions with the demolition contractor, the added cost for asbestos’ abatement is slightly over $300,000. Upon a motion by Ophelia Gooden-Rodgers for approval, seconded by Gillian Shaw, the motion carried unanimously; the Commission approved the Budget Request as presented on January 8, 2026. 3. Budget Request (Rebuilding Our Streets Funding) Leslie Biek, Assistant City Engineer, presented agenda items 6A3, 6B1, and 6C1 together for the Annual 2026 Paving Program in each TIF district. These investments will directly support street resurfacing and reconstruction projects within each TIF boundary, improving road conditions, enhancing safety, and supporting continued neighborhood revitalization. TIF funding is a critical component of the City’s overall paving strategy and allows us to extend the impact of limited local resources while aligning with redevelopment goals. Funding is requested from each TIF District as follows: River West Development Area $2.5M River East Development Area $1.0M South Side Development Area $1.0M CITY OF SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING – January 8, 2026 Page | 5 Secretary Wax inquired about what is the ratio between the City’s contribution and what comes from the TIF’s. Ms. Biek stated approximately $2.5 million and that is in line with what has been done in the past. Also, the Community Crossings Grant program has recently changed. Instead of providing a $1.5 million match from state funds, the amount has been reduced to $1 million, and the process has become much more competitive. The good news is that the City was awarded the grant this year, which is significant because many neighboring communities did not receive funding. However, we will need to cover the $500,000 shortfall that we will no longer receive from the state. Tina Patton asked whether alleyways were included in the request. Ms. Biek clarified that the request covers only street paving. Ms. Patton then inquired how streets are selected for repaving, and Ms. Biek explained that Engineering uses the StreetScan system, which assigns PCI scores ranging from 1 to 100. Vice President Relos asked about when the list will be available, and Ms. Biek stated in the Spring (usually in April). Commissioner Gooden- Rodgers asked if last year’s list will be added to this year’s to be prioritized. Ms. Biek stated that she would get back about that. Upon a motion by David Relos for approval, seconded by Ophelia Gooden-Rodgers, the motion carried unanimously; the Commission approved the Budget Request as presented on January 8, 2026. B. River East Development Area 1. Budget Request (Rebuilding Our Streets Funding) Upon a motion by David Relos for approval, seconded by Gillian Shaw, the motion carried unanimously; the Commission approved the Budget Request as presented on January 8, 2026. C. South Side Development Area 1. Budget Request (Rebuilding Our Streets Funding) Upon a motion by David Relos for approval, seconded by Gillian Shaw, the motion carried unanimously; the Commission approved the Budget Request as presented on January 8, 2026. 2. 2026 Appropriation for 466 Works Loan Joseph Molnar, Assistant Director of Growth and Opportunity, presented an appropriation request of $1,160,000 in funding for the CITY OF SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING – January 8, 2026 Page | 6 EDC statute forgivable loan to 466 Works to build new housing on the Southeast Side. Similar to the earlier appropriation for Intend Indiana, this request is for an annual appropriation supporting 466 Works in the Southeast neighborhood. At the same time the Intend agreement was approved by the RDC and Common Council, a similar agreement was approved with 466 Works—a local nonprofit based in the Southeast neighborhood. Neighborhood Context The Southeast neighborhood, developed mainly between the 1920s and 1940s, has lost about 50% of its population since 1960. Vacant lots are widespread, reflecting decades of disinvestment. 466 Works has been active in the area since 2014, building homes to restore housing stock. Project Details • Commitment to building 30 new single-family homes for sale on vacant lots • At least 12 homes affordable to households earning ≤120% AMI • Total project cost: $8.78 million o $3.5 million city subsidy via forgivable loan • Maximum subsidy: $116,000 per home • Agreement approved July 2024; completion expected December 2027 Budget Request • 2026 appropriation: $1.16 million (covers ~10 homes) • Funding capped at $116,000 per home • Similar to Intend, funds are released only after 466 Works submits an annual action plan and is ready to break ground—ensuring immediate construction once funds are disbursed Progress to Date • 5 homes completed and sold • 11 homes under construction • Ahead of schedule; likely to finish all 30 homes before 2027 Impact Recent photos show dramatic transformation—blocks that were vacant in 2023 now feature multiple new homes, restoring vibrancy to the Southeast neighborhood. Sue Kesim thanked Mr. Molnar for the detailed information and Tina Patton spoke in favor of the request. Ms. Kesim also asked about the total inventory of vacancies and blighted properties and Mr. Molnar stated that in 2012, a Vacant and Abandoned Housing Report was CITY OF SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING – January 8, 2026 Page | 7 published that provides a detailed explanation and he’d be happy to share it. President Warner stated, in the fall of 2025, we reached a record number of residential permits issued. There were over 180 single-family homes built in South Bend, according to Planner Mike Davita, who shared the numbers yesterday. The vast majority were on infill sites, not greenfield or outer suburbs. More than half of these homes were built through city partnerships, while a significant portion were market-driven projects without city involvement. This marks the highest number since at least the early 2000s—possibly even 1999. Upon a motion by Ophelia Gooden-Rodgers for approval, seconded by Gillian Shaw, the motion carried unanimously; the Commission approved an Appropriation Request as presented on January 8, 2026. 3. Budget Request (Matching Funds GOEVIN, EV Charging Station at O’Brien Center) Alex Bazán, Director of Sustainability, presented a budget request of $20,000 to purchase and install a level 2 electric vehicle (EV) charging station as part of a matching grant from Go Electric Vehicle In Indiana (GOEVIN). It is a statewide collaborative initiative focused on expanding electric vehicle (EV) adoption across Indiana. Partners Include: • Indiana Department of Environmental Management • Indiana Utility Group • Drive Clean Indiana Our city was selected for this competitive funding opportunity as part of the Community EV Infrastructure Plan. Project Details • Location: O’Brien Center (chosen for its public accessibility and lack of EV charging options) • Installation: Level 2 charging station with 2 ports (charges two vehicles simultaneously) • Total cost: $20,000 o GOEVIN grant: $10,000 o City contribution: $10,000 • Budget request: $20,000 upfront; city reimbursed $10,000 after grant funding is received Impact This project will: • Increase EV charging access on South Bend’s south side CITY OF SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING – January 8, 2026 Page | 8 • Support the City’s clean transportation goals • Provide convenience for residents and visitors transitioning to electric vehicles Commissioner Gooden-Rodgers inquired about what the cost is to charge an electric vehicle. Mr. Bazán stated that there is no cost with a limit of two hours at nine (9) locations with twenty-five (25) ports at various locations around the City. Vice President Relos asked about enforcement of the time limit and Mr. Bazán stated that currently it’s the honor system. Commissioner Shaw spoke in favor of the request and asked where the funds will go once we are reimbursed. Mr. Bazán stated that the money will go back into the TIF district. Commissioner Ellison asked about how far a Level 2, two-hour charge would be and Mr. Bazán explained that depending on the vehicle, it could go up to approximately 50 miles. Sue Kesim expressed concerns and would like to know costs. Upon a motion by Gillian Shaw for approval, seconded by David Relos, the motion carried unanimously; the Commission approved the Budget Request as presented on January 8, 2026. 4. Budget Request (O’Brien Park Splashpad & Restroom Project) Zak Tebell, Project Engineer, presented a budget request for $1,700,000 to be used for major improvements around the park. This includes the installation of a new restroom building near the splashpad meeting Indiana Pool Code IAC 20-5-25 and the replacement of the existing playground and the existing splashpad, both of which are nearing the end of their useful life cycles, as well as the addition of formal parking spaces along the park, increasing safety from vehicle traffic. The funds will also contribute to the construction of new sidewalk from Michigan St. to Fellows St. increasing pedestrian safety and further connecting the park to surrounding neighborhoods. Secretary Wax spoke in favor of the project; however, he would like a better breakdown of the costs between the splashpad, playground, restroom and sidewalks. Mr. Wax also asked if the community had input regarding the design of the playground. John Martinez, Director of Facilities and Grounds with VPA, stated that we’ve worked closely with our Recreation Division and Cynthia Simmons’ team on the playground design, considering everything from color choices to ensuring it meets the needs of our core age groups—5–7 and 8–13 years old. To make the space more engaging, we’re adding some exciting features, including two zip lines to attract older kids and teens who may not currently use the playground. Our approach is CITY OF SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING – January 8, 2026 Page | 9 intentional, focusing on what our customers want and creating recreation activities that truly reflect their interests. Upon a motion by Ophelia Gooden-Rodgers for approval, seconded by Troy Warner, the motion carried unanimously; the Commission approved the Budget Request as presented on January 8, 2026. 5. Budget Request (Marshall School) Upon a motion by Eli Wax to remove the tabled request, seconded by Gillian Shaw, the motion carried unanimously; the Commission removed the tabled request on January 8, 2026. Zak Tebell, Project Engineer, presented a budget request for an additional $200,000 to cover construction costs of the tennis courts and sidewalk. One of the main questions from the last meeting was about paying for sidewalks that aren’t city-owned. Thanks to Jitin Kain’s efforts with the School Corporation, we’ve secured preliminary funding of $125,000 from them. This will cover curb and sidewalk removal and replacement along the school’s property. The funds won’t be available at the start of the project and will need to be approved by the School Board, so the request remains the same for now. Once received— expected by mid-May—the Commission will be reimbursed. We’re also receiving $158,000 from the paving fund for the roadway portion of the project. Byron St., which scored low on the PCI, will be replaced. Doing this now will make the project smoother and more cost- effective, as the road would need replacement in the next few years anyway. Budget Summary: • Additional request today: $200,000 • Existing project funds: $240,000 • Total: $723,000 (including $50,000 contingency) This exceeds the actual project cost, so any leftover funds will be returned to the Commission. If everything goes as planned, the Commission could see about $170,000 returned. Project Details We’ll be raising the sidewalk and installing a six-inch curb and new sidewalk on the north side of Byron Street—not the south side. This area is the school’s main pickup and drop-off zone. Additional improvements include: CITY OF SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING – January 8, 2026 Page | 10 • New ADA-compliant curb ramps • A marked crosswalk (currently, students use an unmarked mid-block crossing) • A small curb ramp on the south side The roadway, which is in poor condition, will be resurfaced as part of the road portion of the project. On the west side of Springbrook, we’ll replace the low sidewalk and add a curb. We’ll also remove an old tennis court, which is now just an asphalt pad. Regarding property ownership, we’re using assumed property lines for this project. Mr. Tebell has been working with Deputy Director Jitin Kain and the school to correct records at the Recorder’s Office. This will require surveying, but we expect no issues as the project moves forward. Sue Kesim expressed her concerns. President Warner agreed that this needs to be fixed and there are safety issues regardless of where the funds come from. Mr. Tebell stated that the bid needs to be awarded at the next Board of Public Works meeting and the allocation has increased. Mr. Warner also explained that if we weren’t capturing this TIF money, a small portion—just a few percent of property taxes in this TIF—would go to the schools. That’s why the state legislature required a school board representative to be included: so, schools have a voice and can advocate for using TIF funds on resources that benefit them. I believe this is something that needs to be done. Vice President Relos also stated that it feels unfair to single out the school for costs on a citywide safety project. We don’t do this with the library, zoo, or airport, and that money could support education instead. Commissioner Wax stated that he appreciates the staff’s effort to find funding and the school corporation’s cooperation. While we aim to support essential improvements citywide, we typically share costs with property owners and work collaboratively, not taking over projects unilaterally. Commissioner Ellison commented that this project benefits the entire community, not just the schools. While most land is city-owned, the school’s contribution helps ensure it gets done. The design addresses safety concerns without major parking changes, and adjustments can be made later if needed. Let’s move forward today. Commissioner Gooden-Rodgers inquired about what will happen if the funding from the School Corporation does not get approved. Mr. Kain responded to Commissioner Gooden-Rodgers’ question that he has been CITY OF SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING – January 8, 2026 Page | 11 communicating with the School Corporation’s CFO. The administration supports the project but needs school board approval. It’s on their agenda for Monday, January 12, 2026 meeting, so the decision is pending. While staff is supportive of using the funds, I can’t predict the board’s vote. Caleb Bauer, Executive Director of Community Investment, made two points: First, projects like this require prioritization. The engineering team focused on Byron Drive’s safety concerns to maximize impact while minimizing costs—rather than creating an expensive “dream streetscape.” Second, I ask the Commission to consider a policy against insulting comments toward staff. Zak, a new team member, worked hard to provide answers, and public remarks questioning staff intelligence are inappropriate for this body. Upon a motion by Troy Warner for approval, seconded by Eli Wax, the motion carried unanimously; the Commission approved the Budget Request with a focus on safety as presented on January 8, 2026. 7. Progress Reports A. Tax Abatement None B. Common Council None C. Other None 8. Next Commission Meeting Thursday, January 22, 2026, 9:30 a.m. at Council Chambers, Room 301 9. Adjournment Thursday, January 8, 2026, 10:54 a.m. ______________________________ ______________________________ Eli Wax, Secretary Troy Warner, President City of South Bend Department of Administration & Finance Claims Allowance Request To:South Bend Redevelopment Commission From:Kyle Willis, City Controller Date:Wednesday, January 14, 2026 Pursuant to Indiana Code 36-4-8-7, I have audited and certified the attached claims and submit them for allowance in the following amounts: GBLN-0126570 $114,206.94 GBLN-0127078 $435,119.81 GBLN-0000000 $0.00 Total:$549,326.75 _______________________________ Kyle Willis The attached claims described above were allowed in the following total amount at a public meeting on the date stated below: South Bend Redevelopment Commission By:_______________________________ Name: Date: Attest:_______________________________ Name: South Bend Redevelopment Commission 215 S. Dr. Martin Luther King, Jr. Blvd., Room 301, South Bend, Indiana Redevelopment Commission Agenda Item D ATE : 1/15/2026 FROM: Erin Michaels – Property Development Manager SUBJECT: Disposition of 1818 W Sample Street 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 1818 W Sample Street SPECIFICS: In 2002 the Redevelopment Commission acquired the parcel at 1818 W Sample Street to facilitate redevelopment of 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 redeveloped and set the following conditions for a bid on the Property: - $71,325.00 minimum bid (average of two appraisals) -All bids will be due by 9:00am on February 12, 2026 and opened publicly at the RDC meeting on February 12, 2026 -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 RESOLUTION NO. 3663 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 January 22, 2026, at 215 S. Dr. Martin Luther King Jr. Blvd., Room 301, 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 Lot 3 Project X Minor 03- 04 New Replat Tr 5162 7-18-2002 018-8075-284101 71-08-15-226-002.000- 026 Commonly Known As 1818 W Sample Street Site: 2.71 acres $71,325.00 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 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 Lot 3 Project X Minor 03-04 New Replat Tr 5162 718-2002Tax ID: 018-8075-284101/ Commonly Known As: 1818 W Sample Street 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 I Industrial zoning designation. 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 Lot 3 Project X Minor 03-04 New Replat Tr 5162 7-18-2002 Tax ID: 018-8075-284101 Commonly Known As: 1818 W Sample Street 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 12, 2026 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 February 12, 2026 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 Lot 3 Project X Minor 03-04 New Replat Tr 5162 7-18-2002, Tax ID: 018-8075-284101, commonly known as 1818 W Sample Street 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, 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: January 30 and February 6, 2026 South Bend Redevelopment Commission 227 West Jefferson Boulevard, Room 1308, South Bend, Indiana Redevelopment Commission Agenda Item DATE : 1/15/2026 FROM: Erin Michaels – Property Development Manager SUBJECT: Purchase Agreement – Widerquist Development, LLC – 534 Laporte Ave 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: Approval of Purchase Agreement with Widerquist Development, LLC for 534 Laporte Ave SPECIFICS: The proposed Purchase Agreement (the “Agreement”) is for a property owned by the Redevelopment Commission (“RDC”) located at 534 Laporte Ave. The Board of Public Works (“BPW”) acquired this parcel through the tax sale in 2017 and it was transferred to the RDC’s ownership in 2023 to facilitate its redevelopment. Redevelopment of the site is challenging due to the small size of the parcel and existing structure. Widerquist Development LLC is a local developer who has completed over 30 renovations of homes in South Bend near this property since 2007. The developer would renovate this property for an office and distribution center for their residential real estate business. The Agreement commits Widerquist Development, LLC to the following terms: - Purchase Price: $2,000.00 - Due Diligence Period: 60 days - Closing Deadline: 30 days after due diligence period - Minimum Investment: $20,000.00 - Construction Start Deadline: 12 months after closing - Construction Completion Deadline: 24 months after closing - Certificate of Completion issued by the RDC once construction is complete The sale of this property will bring a currently vacant building to productive use, while supporting a successful business in the City of South Bend. Staff recommends approval. _________________________Pres/V-Pres ATTEST: __________________Secretary Date: ____________________ APPROVED Not Approved SOUTH BEND REDEVELOPMENT COMMISSION REAL ESTATE PURCHASE AGREEMENT This Real Estate Purchase Agreement (this “Agreement”) is made on January 22, 2026 (the “Contract Date”), by and between the City of South Bend, Indiana, Department of Redevelopment, acting by and through its governing body, the South Bend Redevelopment Commission (“Seller”) and Widerquist Development, LLC, an Indiana Limited Liability Company with registered offices at 1929 Dorwood Dr, South Bend, IN 46617 (“Buyer”) (each a “Party” and together the “Parties”). RECITALS A. Seller exists and operates pursuant to the Redevelopment of Cities and Towns Act of 1953, as amended, being Ind. Code 36-7-14 (the “Act”). B. In furtherance of its purposes under the Act, Seller owns one (1) parcel of real property located in South Bend, Indiana (the “City”) commonly known as 534 Laporte Ave, and more particularly described in attached Exhibit A (the “Property”). C. Pursuant to the Act, Seller adopted its Resolution No. 3653 on October 23, 2025, whereby Seller established a total offering price of Five Thousand Dollars ($5,000) for the Property. D. Pursuant to the Act, on October 23, 2025, Seller authorized the publication, on October 31, 2025 and November 7, 2025, respectively, of a notice of its intent to sell the Property and its desire to receive bids for said Property on or before November 13, 2025, at 9:00A.M. E. On November 13, 2025, at 9:00A.M., Seller received no bids for the Property. F. Buyer subsequently expressed interest in purchasing the Property for purposes of constructing an office and distribution center. G. Having satisfied the conditions stated in Section 22 of the Act, Seller now desires to sell the Property to Buyer on the terms stated in this Agreement. THEREFORE, in consideration of the mutual covenants and promises in this Agreement and other good and valuable consideration, the receipt of which is hereby acknowledged, Buyer and Seller agree as follows: 1. RECITALS The recitals above are hereby incorporated into this Agreement by reference. 2. OFFER AND ACCEPTANCE A copy of this Agreement, signed by Buyer, constitutes Buyer’s offer to purchase the Property on the terms stated in this Agreement and shall be delivered to Seller, in care of the following representative (“Seller’s Representative”): TO SELLER: Caleb Bauer TO SELLER: Caleb Bauer Executive Director Department of Community Investment City of South Bend Suite 500 215 S. Dr. Martin Luther King Blvd 46601 South Bend, Indiana 46601 WITH COPY TO: South Bend Legal Department Attn: Corporation Counsel City of South Bend Suite 600 215 S. Dr. Martin Luther King Blvd 46601 South Bend, Indiana 46601 This offer shall expire thirty (30) days after delivery unless accepted by Seller. To accept Buyer’s offer, Seller shall return a copy of this Agreement, counter-signed by Seller in accordance with applicable laws, to the following (“Buyer’s Representative”): TO BUYER: Widerquist Development, LLC Attn: Tim Widerquist 1929 Dorwood Dr South Bend, IN 46617 Email: widerquist@gmail.com WITH COPY TO: ______________ ________________ ________________ ________________ 3. PURCHASE PRICE AND EARNEST MONEY DEPOSIT A. Purchase Price. The purchase price for the Property shall be Two Thousand Dollars ($2,000.00) (the “Purchase Price”), payable by Buyer to Seller in cash at the closing described in Section 10 below (the “Closing,” the date of which is the “Closing Date”). B. Earnest Money Deposit. Within ten (10) business days after the Contract Date, Buyer will deliver to Seller the sum of One Hundred Dollars ($100.00), which Seller will hold as an earnest money deposit (the “Earnest Money Deposit”). Seller will be responsible for disposing of the Earnest Money Deposit in accordance with the terms of this Agreement. The Earnest Money Deposit shall be credited against the Purchase Price at the Closing or, if no Closing occurs, refunded or forfeited as provided below. C. Termination During Due Diligence Period. If Buyer exercises its right to terminate this Agreement by written notice to Seller in accordance with Section 4 below, the Earnest Money Deposit shall be refunded to Buyer. If Buyer fails to exercise its right to terminate this Agreement by written notice to Seller within the Due Diligence Period, then the Earnest Money Deposit shall become non-refundable. D. Liquidated Damages. If Seller complies with its obligations hereunder and Buyer, not having terminated this Agreement during the Due Diligence Period in accordance with Section 4 below, fails to purchase the Property on or before the Closing Date, the Earnest Money Deposit shall be forfeited by Buyer and retained by Seller as liquidated damages in lieu of any other damages. 4. BUYER’S DUE DILIGENCE A. Investigation. Buyer and Seller have made and entered into this Agreement based on their mutual understanding that Buyer intends to develop the Property into a professional office space (the “Buyer’s Use”). Seller acknowledges that Buyer’s determination of whether Buyer’s Use is feasible requires investigation into various matters (Buyer’s “Due Diligence”). Therefore, Buyer’s obligation to complete the purchase of the Property is conditioned upon the satisfactory completion, in Buyer’s discretion, of Buyer’s Due Diligence, including, without limitation, Buyer’s examination, at Buyer’s sole expense, of zoning and land use matters, environmental matters, real property title matters, and the like, as applicable. B. Due Diligence Period. Buyer shall have a period of sixty (60) days following the Contract Date to complete its examination of the Property in accordance with this Section 4 (the “Due Diligence Period”). C. Authorizations During Due Diligence Period. During the Due Diligence Period, Seller authorizes Buyer, upon Buyer providing Seller with evidence that Buyer has general liability insurance reasonably acceptable to Seller, in the amount of at least One Million Dollars ($1,000,000), naming Seller as an additional insured and covering the activities, acts, and omissions of Buyer and its representatives at the Property, to (i) enter upon the Property or to cause agents to enter upon the Property for purposes of examination; provided, that Buyer may not take any action upon the Property which reduces the value thereof and Buyer may not conduct any invasive testing at the Property without Seller’s express prior written consent; further provided, that if the transaction contemplated herein is not consummated, Buyer shall promptly restore the Property to its condition prior to entry, and agrees to defend, indemnify and hold Seller harmless, before and after the Closing Date whether or not a closing occurs and regardless of any cancellations or termination of this Agreement, from any liability to any third party, loss or expense incurred by Seller, including without limitation, reasonable attorney fees and costs arising from acts or omissions of Buyer or Buyer’s agents or representatives; and (ii) file any application with any federal, state, county, municipal or regional agency relating to the Property for the purpose of obtaining any approval necessary for Buyer’s anticipated use of the Property. If Seller’s written consent to or signature upon any such application is required by any such agency for consideration or acceptance of any such application Buyer may request from Seller such consent or signature, which Seller shall not unreasonably withhold. Notwithstanding the foregoing, any zoning commitments or other commitments that would further restrict the future use or development of the Property, beyond the restrictions in place as a result of the current zoning of the Property, shall be subject to Seller’s prior review and written approval. D. Environmental Site Assessment. Buyer may, at Buyer’s sole expense, obtain a Phase I environmental site assessment of the Property pursuant to and limited by the authorizations stated in this Section 4. E. Termination of Agreement. If at any time within the Due Diligence Period Buyer determines, in its sole discretion, not to proceed with the purchase of the Property, Buyer may terminate this Agreement by written notice to Seller’s Representative, and Buyer shall be entitled to a full refund of the Earnest Money Deposit. 5. SELLER’S DOCUMENTS Upon Buyer’s request, Seller will provide Buyer a copy of all known environmental inspection, engineering, title, and survey reports and documents in Seller’s possession relating to the Property. In the event the Closing does not occur, Buyer will immediately return all such reports and documents to Seller’s Representative with or without a written request by Seller. 6. PRESERVATION OF TITLE After the Contract Date, Seller shall not take any action or allow any action to be taken by others to cause the Property to become subject to any interests, liens, restrictions, easements, covenants, reservations, or other matters affecting Seller’s title (such matters are referred to as “Encumbrances”). Seller acknowledges that Buyer intends to obtain, at Buyer’s sole expense, and to rely upon a commitment for title insurance on the Property (the “Title Commitment”) and a survey of the Property (the “Survey”) identifying all Encumbrances as of the Contract Date. The Property shall be conveyed to Buyer free of any Encumbrances other than Permitted Encumbrances (as defined in Section 8 below). 7. TITLE COMMITMENT AND POLICY REQUIREMENTS Buyer shall obtain the Title Commitment for an owner’s policy of title insurance issued by a title company selected by Buyer and reasonably acceptable to Seller (the “Title Company”) within twenty (20) days after the Contract Date. The Title Commitment shall (i) agree to insure good, marketable, and indefeasible fee simple title to the Property (including public road access) in the name of the Buyer for the full amount of the Purchase Price upon delivery and recordation of a special warranty deed (the “Deed”) from the Seller to the Buyer, and (ii) provide for issuance of a final ALTA owner’s title insurance policy, with any endorsements requested by Buyer, subject to the Permitted Encumbrances. Regardless of whether this transaction closes, Buyer shall be responsible for all of the Title Company’s title search charges and all costs of the Title Commitment and owner’s policy. 8. REVIEW OF TITLE COMMITMENT AND SURVEY Within twenty (20) days after Buyer’s receipt of the Title Commitment, Buyer shall give Seller written notice of any objections to the Title Commitment. Within twenty (20) days after Buyer’s receipt of the Survey, Buyer shall give Seller written notice of any objections to the Survey. Any exceptions identified in the Title Commitment or Survey to which written notice of objection is not given within such period shall be a “Permitted Encumbrance.” If the Seller is unable or unwilling to correct the Buyer’s title and survey objections within the Due Diligence Period, Buyer may terminate this Agreement by written notice to Seller prior to expiration of the Due Diligence Period, in which case the Earnest Money Deposit shall be refunded to Buyer. If Buyer fails to so terminate this Agreement, then such objections shall constitute “Permitted Encumbrances” as of the expiration of the Due Diligence Period, and Buyer shall acquire the Property without any effect being given to such title and survey objections. 9. NOTICES All notices required or allowed by this Agreement, before or after Closing, shall be delivered in person or by certified mail, return receipt requested, postage prepaid, addressed to Seller in care of Seller’s Representative (with a copy to South Bend Legal Department, 215 S. Dr. Martin Luther King Jr., Blvd., Suite 600, South Bend, IN 46601, Attn: Corporation Counsel), or to Buyer in care of Buyer’s Representative at their respective addresses stated in Section 2 above. Either Party may, by written notice, modify its address or representative for future notices. 10. CLOSING A. Timing of Closing. Unless this Agreement is earlier terminated, the Closing shall be held at the office of the Title Company, and the Closing Date shall be a mutually agreeable date not later than thirty (30) days after the end of the Due Diligence Period. B. Closing Procedure. (i) At Closing, Buyer shall deliver the Purchase Price to Seller, conditioned on Seller’s delivery of the Special Warranty Deed, in the form attached hereto as Exhibit B, conveying the Property to Buyer, free and clear of all liens, encumbrances, title defects, and exceptions other than Permitted Encumbrances, and the Title Company’s delivery of the marked-up copy of the Title Commitment (or pro forma policy) to Buyer in accordance with Section 8 above. (ii) Possession of the Property shall be delivered to the Buyer at Closing, in the same condition as it existed on the Contract Date, ordinary wear and tear and casualty excepted. C. Closing Costs. Buyer shall pay all of the Title Company’s closing and/or document preparation fees and all recordation costs associated with the transaction contemplated in this Agreement. 11. BUYER’S POST-CLOSING DEVELOPMENT OBLIGATIONS A. Property Improvements; Proof of Investment. Within Twenty-Four (24) months after the Closing Date (the “Mandatory Completion Date”), the Buyer will expend an amount not less than Twenty Thousand ($20,000.00) on improvements to the site, as well as the cost of equipment and design, needed to redevelop the Property for the uses set forth herein, including renovating the property as a professional office for the Buyer’s property management and realty business (the “Property Improvements”). Promptly upon completing the Property Improvements, Buyer will submit to Seller satisfactory records, as determined in Seller’s sole discretion, proving the above- required expenditures and will permit Seller (or its designee) to inspect the Property to ensure that Buyer’s Property Improvements were completed satisfactorily. The Property Improvements will be considered complete upon the issuance of a Certificate of Occupancy. B. Post-Closing Buyer Property Improvement Commitments. The Buyer shall: (i) Commence construction of the project within twelve (12) months of the Closing Date; (ii) Complete construction of the project and Property Improvements within twenty-four (24) months of the Closing Date; (iii) In its development of the Property, Buyer shall comply with all applicable federal, state, and local laws, including, but not limited to, the applicable requirements of the City of South Bend Zoning Ordinance, including variances as necessary. (iv) Provide the design, plans, and specifications for Property Improvements consistent with City standards for the review and comment by the City's Planning Director or their designee, who, in their sole discretion, may request revisions or amendments to be made to the same. Acceptance of the design and plans by the Planning Director or their designee prior to construction shall be a prerequisite for the issuance of a Certificate of Completion. C. Certificate of Completion. Promptly after Buyer completes the Property Improvements and satisfactorily proves the same in accordance with the terms of Section 11.A. above, as well as compliance with Section 11.B. above, Seller will issue to Buyer a certificate acknowledging such completion and releasing Seller’s reversionary interest in the Property (the “Certificate of Completion”). The Parties agree to record the Certificate of Completion immediately upon issuance, and Buyer will pay the costs of recordation. D. Remedies Upon Failure to Complete Property Improvements. In the event Buyer fails to complete the Property Improvements or to comply with Section 11.B., above, or satisfactorily to prove such performance, in accordance with Section 11.A above, then, in addition to pursuing any other remedies available at law or in equity, Seller shall have the right to: re-enter and take possession of the Property and to terminate and revest in Seller the estate conveyed to Buyer at Closing and all of Buyer’s rights and interests in the Property without offset or compensation for the value of any improvements made by Buyer. The Parties agree that Seller’s conveyance of the Property to Buyer at Closing will be made on the condition subsequent set forth in the foregoing sentence and the terms of this Section 11 will be referenced in the deed. 12. SELLER'S POST-CLOSING OBLIGATIONS On and after the Closing Date, the Seller commits to working with the Buyer to finalize plans, designs, and specifications for Property Improvements to the satisfaction of the City departments, consistent with City standards. 13. ACCEPTANCE OF PROPERTY AS-IS Buyer agrees to purchase the Property “as-is, where-is” and without any representations or warranties by Seller as to the condition of the Property or its fitness for any particular use or purpose. Seller offers no such representation or warranty as to condition or fitness, and nothing in this Agreement will be construed to constitute such a representation or warranty as to condition or fitness. 14. TAXES Prior to Closing, Seller will pay all real property taxes accrued on or before the Closing Date, if any. Buyer will have no liability for any amount of real property taxes accrued before the Closing Date on the Property. 15. REMEDIES Upon any default in or breach of this Agreement by either Party, the defaulting Party will proceed immediately to cure or remedy such default within thirty (30) days after receipt of written notice of such default or breach from the non-defaulting Party, or, if the nature of the default or breach is such that it cannot be cured within thirty (30) days, the defaulting Party will diligently pursue and prosecute to completion an appropriate cure within a reasonable time. In the event of a default or breach that remains uncured for longer than the period stated in the foregoing sentence, the non- defaulting Party may terminate this Agreement, commence legal proceedings, including an action for specific performance, or pursue any other remedy available at law or in equity. All the Parties’ respective rights and remedies concerning this Agreement and the Property are cumulative. 16. COMMISSIONS The Parties mutually acknowledge and warrant to one another that neither Buyer nor Seller is represented by any broker in connection with the transaction contemplated in this Agreement. Buyer and Seller agree to indemnify and hold harmless one another from any claim for commissions in connection with the transaction contemplated in this Agreement. 17. INDEMNITY The Parties agree to indemnify, save harmless, and defend each other from and against any and all liabilities, claims, penalties, forfeitures, suits, and the costs and expenses incident thereto (including costs of defense and settlement), which either party may subsequently incur, become responsible for, or pay out as a result of a breach by the other party. 18. INTERPRETATION; APPLICABLE LAW As both Parties have participated fully and equally in the negotiation and preparation of this Agreement, this Agreement shall not be more strictly construed, nor shall any ambiguities in this Agreement be presumptively resolved, against either Party. This Agreement shall be interpreted and enforced according to the laws of the State of Indiana. 19. DISPUTE RESOLUTION; WAIVER OF JURY TRIAL Any action to enforce the terms or conditions of this Agreement or otherwise concerning a dispute under this Agreement will be commenced in the courts of St. Joseph County, Indiana, unless the Parties mutually agree to an alternative method of dispute resolution. The Parties acknowledge that disputes arising under this Agreement are likely to be complex and they desire to streamline and minimize the cost of resolving such disputes. In any legal proceeding, each Party irrevocably waives the right to trial by jury in any action, counterclaim, dispute, or proceeding based upon, or related to, the subject matter of this Agreement. This waiver applies to all claims against all parties to such actions and proceedings. This waiver is knowingly, intentionally, and voluntarily made by both Parties. 20. ATTORNEYS’ FEES In the event either Party pursues any legal action (including arbitration) to enforce or interpret this Agreement, the Buyer shall pay Seller’s reasonable attorneys’ fees and other costs and expenses (including expert witness fees). 21. WAIVER Neither the failure nor any delay on the part of a Party to exercise any right, remedy, power, or privilege under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any right, remedy, power, or privilege preclude any other or further exercise of the same or of any right, remedy, power, or privilege with respect to any occurrence be construed as a waiver of any such right, remedy, power, or privilege with respect to any other occurrence. No waiver shall be effective unless it is in writing and is signed by the party asserted to have granted such waiver. 22. SEVERABILITY If any term or provision of this Agreement is held by a court of competent jurisdiction to be invalid, void, or unenforceable, the remaining terms and provisions of this Agreement shall continue in full force and effect unless amended or modified by mutual consent of the Parties. 23. FURTHER ASSURANCES The Parties agree that they will each undertake in good faith, as permitted by law, any action and execute and deliver any document reasonably required to carry out the intents and purposes of this Agreement. 24. ENTIRE AGREEMENT This Agreement embodies the entire agreement between Seller and Buyer and supersedes all prior discussions, understandings, or agreements, whether written or oral, between Seller and Buyer concerning the transaction contemplated in this Agreement. 25. ASSIGNMENT Buyer and Seller agree that this Agreement or any of Buyer’s rights hereunder may not be assigned by Buyer, in whole or in part, without the prior written consent of Seller. In the event Buyer wishes to obtain Seller’s consent regarding a proposed assignment of this Agreement, Buyer shall provide any and all information reasonably demanded by Seller in connection with the proposed assignment and/or the proposed assignee. 26. BINDING EFFECT; COUNTERPARTS; SIGNATURES All the terms and conditions of this Agreement will be effective and binding upon the Parties and their successors and assigns at the time the Agreement is fully signed and delivered by Buyer and Seller. This Agreement may be separately executed in counterparts by Buyer and Seller, and the same, when taken together, will be regarded as one original Agreement. Electronically transmitted signatures will be regarded as original signatures. 27. AUTHORITY TO EXECUTE; EXISTENCE The undersigned persons executing and delivering this Agreement on behalf of the respective Parties represent and certify that they are the duly authorized representatives of each and have been fully empowered to execute and deliver this Agreement and that all necessary corporate action has been taken and done. Further, the undersigned representative of Buyer represents and warrants that Buyer is duly organized, validly existing, and in good standing under the laws of the State of Indiana. 28. TIME Time is of the essence of this Agreement. [Signature page follows.] IN WITNESS WHEREOF, the Parties hereby execute this Real Estate Purchase Agreement to be effective as of the Contract Date stated above. BUYER: Widerquist Development, LLC By: Printed: Tim Widerquist Its: President Dated: SELLER: South Bend Redevelopment Commission Troy Warner, President ATTEST: Eli Wax, Secretary 12/29/2025 EXHIBIT A Description of Property Parcel No. 71-08-02-354-011.000-026 Tax ID: 018-1037-1644 Legal Description: 60 Ft Swly Of Lots 32 & 33 Orchard Hts 1st Commonly Known As: 534 Laporte Ave EXHIBIT B Form of Special Warranty Deed AUDITOR’S RECORD TRANSFER NO. TAXING UNIT DATE KEY NO. 018-1037-1644 SPECIAL WARRANTY DEED THIS INDENTURE WITNESSETH, that the City of South Bend, Department of Redevelopment, by and through its governing body, the South Bend Redevelopment Commission, 215 S. Martin Luther King Jr., Blvd., Suite 500, South Bend, Indiana (the “Grantor”) CONVEYS AND SPECIALLY WARRANTS to Widerquist Development, LLC, an Indiana Limited Liability Company, with a mailing address of 1929 Dorwood Dr, South Bend, IN 46617 (the “Grantee”), for and in consideration of Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the following real estate located in St. Joseph County, Indiana (the “Property”): Parcel No. 71-08-02-354-011.000-026 Tax ID: 018-1037-1644 Legal Description: 60 Ft Swly Of Lots 32 & 33 Orchard Hts 1st Commonly Known As: 534 Laporte Ave The Grantor warrants title to the Property only insofar as it might be affected by any act of the Grantor during its ownership thereof and not otherwise. The Grantor hereby conveys the Property to the Grantee free and clear of all leases or licenses; subject to real property taxes and assessments; subject to all easements, covenants, conditions, restrictions, and other matters of record; subject to rights of way for roads and such matters as would be disclosed by an accurate survey and inspection of the Property; subject to all applicable building codes and zoning ordinances; and subject to all provisions and objectives contained in the Commission’s 2025 River West Development Area Plan, as thereafter amended from time to time, and any design review guidelines associated therewith. Pursuant to Section 11 of the Purchase Agreement, the Grantor conveys the Property to the Grantee by this deed subject to certain conditions subsequent. In the event the Grantee fails to perform the Property Improvements, or satisfactorily to prove such performance, in accordance with Section 11 of the Purchase Agreement, then the Grantor shall have the right to re-enter and take possession of the Property and to terminate and revest in the Grantor the estate conveyed to the Grantee by this deed and all of the Grantee’s rights and interests in the Property without offset or compensation for the value of any improvements to the Property made by the Grantee. The recordation of a Certificate of Completion in accordance with Section 11 of the Purchase Agreement will forever release and discharge the Grantor’s reversionary interest stated in this paragraph. Page 1 of 2 The Grantor conveys the Property to the Grantee subject to the limitation that the Grantee, and its successors and assigns, shall not discriminate against any person on the basis of race, creed, color, sex, age, or national origin in the sale, lease, rental, use, occupancy, or enjoyment of the Property or any improvements constructed on the Property. Each of the undersigned persons executing this deed on behalf of the Grantor represents and certifies that they are a duly authorized representative of the Grantor and has been fully empowered, by proper action of the governing body of the Grantor, to execute and deliver this deed, that the Grantor has full corporate capacity to convey the real estate described herein, and that all necessary action for the making of such conveyance has been taken and done. GRANTOR: SOUTH BEND REDEVELOPMENT COMMISSION Troy Warner, President ATTEST: Eli Wax, Secretary STATE OF INDIANA ) ) SS: ST. JOSEPH COUNTY ) Before me, the undersigned, a Notary Public, in and for said County and State, personally appeared Troy Warner and Eli Wax, known to me to be the President and Secretary, respectively, of the South Bend Redevelopment Commission and acknowledged the execution of the foregoing Special Warranty Deed being authorized so to do. IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed my official seal on the day of , 2026. My Commission Expires: Notary Public Residing in St. Joseph County, Indiana I affirm, under the penalties for perjury, that I have taken reasonable care to redact each Social Security number in this document, unless required by law. /s/ Danielle Campbell Weiss This instrument was prepared by Danielle Campbell Weiss, Senior Assistant City Attorney, City of South Bend, Indiana, Department of Law, 215 S. Dr. Martin Luther King Jr. Blvd., Suite 600, South Bend, IN 46601. Page 2 of 2 South Bend Redevelopment Commission 215 S. Dr. Martin Luther King, Jr. Blvd., Room 301, South Bend, Indiana Redevelopment Commission Agenda Item DATE : January 22, 2024 FROM: Leslie Biek, PE Assistant City Engineer SUBJECT: Budget Request- Mishawaka Streetscape PN 121-072; PROJ 308 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: This budget request is for $200,000 to pay for unforeseen railroad tie and concrete removal that conflicted with the placement of the curb on Mishawaka Avenue east of the railroad overpass. SPECIFICS: This budget request is for $200,000 to pay for unforeseen change orders for the Mishawaka Streetscape project. The main unforeseen item was the removal of railroad ties where two sets of tracks were located for the old trolley line. The railroad ties also were encased in concrete that also needed to be removed. The railroad ties and concrete conflicted with the placement of the curb and inlets on Mishawaka Avenue east of the railroad overpass on the south side of the road. This is in addition to the previous RDC request of $3,500,000 and $400,000 from Storm Water funds. There is currently $387,000 unencumbered in the project and we have an outstanding change order to increase the contact amount by an additional $565,000. It is requested the Redevelopment commission approve an additional $200,000 from River East TIF to cover the remaining construction funding for the Mishawaka Streetscape project. Thank you for your consideration of this request. ______________ ___________Pres/V-Pres ATTEST: __________ ________Secretary Date: _____________ _______ APPROVED Not Approved SOUTH BEND REDEVELOPMENT COMMISSION South Bend č Ūņ Ūטּ ŪЇЭј Й ŪПו ȰJ ЭЙ Й Ωֻ ֻ ΩЭП 215 S. Dr. Martin Luther King, Jr. Blvd., Room 301, South Bend, Indiana Redevelopment Commission Agenda Item DATE : 1/22/2026 FROM: Bianca Jones, Interim Officer of Diversity, Compliance and Inclusion Caleb Bauer, Exec. Dir. of Community Investment SUBJECT: Small Business Assistance Suite Funding 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: $100,000 funds to support Small Business Assistance Suite Program SPECIFICS: The Office of Diversity and Inclusion’s Small Business Assistance Suite is a cohort-based business- readiness program that equips local entrepreneurs with skills and connects them with resources to expand participation in City procurement and contracting. In 2025, the program served 77 small businesses and were able to connect them with financing and certification opportunities. This requested funding for 2026 would support a minimum of 40 businesses. _________________________Pres/V-Pres ATTEST: __________________Secretary Date: ____________________ APPROVED Not Approved SOUTH BEND REDEVELOPMENT COMMISSION