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HomeMy WebLinkAbout6 A(11)� A ('� i \ Department of a�d Community Investment Memorandum Friday, January 10, 2014 TO: South Bend Redevelopment Commission FROM: Debrah Jennings, Economic Resources SUBJECT: Approval of Bid Specifications and Design Considerations 118 -124 S. William St. Attached are the Bid Specifications and Design Considerations for the disposition of 118 -124 S. William St. The Bid Specifications outline the uses and development requirements that will be considered for this site. Staff requests approval of the Bid Specifications and Design Considerations for the eventual disposition of this property. 227 W. JEFFERSON BLVD. SOUTH BEND, IN 46601 1 P: 574 - 235 -9371 1 FAX: 574 - 235 -9021 1 SOUTHBENDIN.GOV Bid Specifications & Design Considerations Sale of Redevelopment Owned Property 118 -124 S. William St.. South Bend Central 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 may include projects that are permitted within the CBD zoning designation. All proposals must conform to the existing zoning provisions set forth for the CBD as outlined in the South Bend Zoning Ordinance Title 21 of the City of South Bend Municipal Code. 4. 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 the goals and objectives of the surrounding neighborhood as well as the Development Plan for the South Bend Central Development Area. 5. Bidders are prohibited from the use of the property for speculation or land- holding purposes. 6. All other provisions of the South Bend Central Development Area Development Plan must be met. 10