Loading...
HomeMy WebLinkAbout6.B.(11) Resolution No. 2482~~r~e u ~A~~ > ~i Community & Economic Development `~= `~'~:a~` m 1200 Cocnry-City B~ iding, 227 Wesi Jefferson, Sou'h Beno, Indlar~ 46601 -1830 Phone 574/235-9371 Fax 5 7 4123 5-9 0 2 1 To: Redevelopment Commission j~ From: Bill Schalliol, Economic Development Planner Subject: Resolution 2482 -Setting Acquisition Price for 319 S. William Street Property Date: October 13, 2008 Attached to this staff report is Resolutions 2482 which relates to property at 319 S. William Street within the South Bend Central Development Area. The property is a vacant lot which had been used as a residential use over thirty years ago. The property is immediately adjacent to the single family house that the Commission recently purchased at 323 S William Street. The property was added to the South Bend Central Development Area acquisition list by Resolution 2441 on March 28, 2008. The parcels proposed for acquisition include the following: ~8-3012-0421 1 319 S. William Clifford EugeneShaw 1/2 & Oneida Joan Park I/2 Resolution 2482 The purpose of Resolution 2482 is to set the acquisition value for the property. The average appraised value as determined by two qualified appraisers is 57,250.00. This value includes the vacant lot which is 48' x 121' (5,808 SF) parcel. (See attached map) Summary Staff requests approval of Resolutions 2482. The purpose of the acquisition is twofold. First, it is for site control. The Commission owns the adjacent parcel to the south and a Resolution was presented earlier concerning the parcel to the north. The appraised value is reasonable and would allow for a better plan for the reuse of the block. Second, acquisition of this parcel is important as it would prevent an "island' situation where a use could be put on the block that would counter the activities planned for the site. The projected reuse plan for the block is for proposed for new housing concepts and acquisition will allow for consistent site control and planning within the context of the on-going Coveleski Park Planning effort. What We Do Today Makes A Difference! Resolution 2482 3~ 9 S William Street Wayne St ___ - ,.- j//4 ~ // I i . ~- ~ 'Res. 2481 ' ~ ~ r , . ~ / ~" i" : ~ ~ ,: ~______ . ~ ~ r ~ I ~ __ _ _ _ cB ~ •~ c~ ~ j, ~' , ~ ; Res. 2482 i ~ / j %/ ~. j J v Subject Parcel ___ ___ I a Western Ave RESOLUTION NO. 2482 A RESOLUTION OF T[[E SOUTH 6ENll REDE1'ELOPMENT CONIIV91SS1ON RELATED TO ACQUISITION OF PROPERTY IN THG SOU'CH BEND CENTRAL DEVELOP~IEN"C AREA l~%IIEREAS. under the aulhority~rantcd by Indiana Code j 36-7-14. el sey. and in furtherance of the South Bend Ccnh al Dc~~clopmcnt urea Plan (`Plane). the South Bend Redevelopment Commission ('~Connnission~~) has determined that it is necessary to acquire unencumbered fee simple interest in certain propcrtics located ~-vithin the area heretofore designated as the South Bend Central De~~clopmcnt Area (the ".nrea~~) ~~~ithin the City of South Bend, Indiana (the "Cit~~~). ~~~hich properties are more particularly dcscribcd at Exhibit A attached hereto and incorporated herein (the "Propertics~~): and WH;=REAS. on Mardi ?8. ?008. the Commission adopted Res<~lution No. ?441 amending the Plan and adding the propcrtics to the nrea~s acyuisition list: and WHEREAS. t~~~o (?) independent appraisals of the propcrtics ha~~c been obtained in accordance ~~ ith Indiana ('ode ~ ~6-7- 14-19(h). ~e°hich pro~~ide the oticrin~a prices described ,it I.~hihit .A 1d~c'~Oflcrin~~ Price~~): and WHEREAS, the Commission no~~ desires to authorize the staff of the Commission to proridc and negotiate an offer for the Purchase of the propcrtics in accordance with Indiana Code ~ ~G-7-1=3 19. ~~hich may include the acquisition of an option and the Conu»ission~s pa~mcnt of cspcnses incidental to the com~c~ancc and determination of the title of the propcrtics: and WHEREAS, the Commission finds that all procedures necessary for authorizing and acquiring the propcrtics have been completed in accordance ~~~ith Indiana la~~~; NOw'. THEREFORE. BE Il~ RESOLVED by the South Bend Rcdevclopmcnt Commission That: 1 . The state of the Commission arc hcrebv authorized and directed to cause a purchase offer to be nuuic in writing to the o~~°ner(s) of the Properties as dcscribcd at Exhibit A at the Oftcring Price (the ";1~cra~~c ~~cyuisition Price~~ in I-:~hibit ~1) in accordance Frith Indiana Code ~ ~6-7 14-19, ~~~hich offer or process may include the acquisition of an option for the lxuchase price and the payment of expenses incidental to the com~cyancc and determination of the title of the propcrtics. ?. ~I~hc Commission's atwrnc~ is hcrcb< authorized and directed to nc~~otiatc and prepare documentation necessary to accomplish the acquisition of the Properties in accordance ~~~ith this Resolution and in a form acceptable to Icgal counsel. ~. No representations, contract or understanding relative to the purchase of the Properties, ~-vhethcr made by a Commissioner, anployce or other agent or official. is bindin~~ against the Commission wltil appro~~cd and accepted by the Commission in ~~~ritin~~. Not~~~ithstanding the t~~regoing. the Commission hereby accepts. in ad~~ance. any purchase of the Propcrtics pursuant to the Commissions initial purchase ofl~cr provided consistent ~~~ith the terms of this Resolution and deemed by Ie~al counsel to be substantially similar to a Uniform Acquisition Offer but to pro~~ide for a negotiated purchase, ~~,~hich may include the acquisition of an option, the payment of expenses incidental to the con~~cyance and determination of title, and to the extent applicable. relocation assistance. 4. Don Inks or Jcff Gibney is authorised to execute on behalf of the Commission any documents necessary to carr~~ out the intent of this resolution. ADOP"I~ED at a Rc~~ular 'Vlceting of the South Bend Rede~~elopment Commission hold on October 17. ?008, at 1308 County-City Building. ??7 West ,Icllcrson Boulevard. South Bend. Indiana 46601 . CITY OF SOUTH BEND, DEP1R"111E~T OF RGDE~'ELOPMENT /'ri~ur~i Aumlr ~in~ 1 it r South Bcnd Rede~~elopment Commission A"1'"PEST: t;~,,~,,,~~, l'rinn d Ahiur ~tnd7i~ r South Bcud Rcdc~~clopment Commission ElH[f3[T A PROPERTY DESCRIPTION AND OFPERII~G PRICE 1'ns Kc~~ No. Address Owner ,1~~erage Aa~uisiYion Pricc ('litt~ord I~:u~_cnc 1 S-3U1?-0-1?1 319 S. W illiaiu Sha~~~ (1 ~') r~ 57?~0.00 Uncida Joan Park ~~ ,~