HomeMy WebLinkAbout6.C.(1) Resolution No. 2605(~-C. (~~
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1200 County-City Building, 227 West Jefferson, South Bend, Indiana 46601-1830 Phone 574/235-9371 Fax 574/235-9021
To: Redevelopment Commission
From: David Relos, Economic Development Planner
Subject: Res. No. 2605 -Acquisition Offer for 412 E. Sample St.
Date: October 2, 2009
This is the staff report for the acquisition of 412 E. Sample Street. This property was added
to the Airport Economic Development Area Acquisition List by Resolution No. 2596 on
August 26, 2009. It was added in an effort to help Ivy Tech expand classroom, storage, and
parking needs in light of their large increases in enrollment.
There are four targeted properties along this section of east Sample Street. With the
participation of the Commission, this section of Sample will be rehabilitated; it will allow Ivy
Tech to create more classroom, parking, and storage space; and it will show community
support for Ivy Tech, which will help it secure more State funding for future projects. The
joint effort between the Commission and Ivy Tech is to have the Commission purchase and
do certain demo and fagade work, with Ivy Tech doing interior work to make these
properties classroom ready.
The property before you today is the Habitat for Humanity Restore, which has an 8,500
square foot building on approximately 1.32 acres of land. This building will be used by Ivy
Tech to consolidate their apprenticeship programs, which are currently housed in two
different locations. The relocation of the apprenticeship programs into this building then
allows classrooms to be expanded into the space they currently occupy. In addition, the
western half of this lot will provide much needed parking for the expansion of classrooms in
an adjacent building.
Resolution No. 2605 sets the acquisition value of the property at $272,000. The acquisition
value is the average value as determined by two independent appraisals.
Staff requests approval of Resolution No. 2605, to allow an offer to be extended to the
owner of this property for its eventual acquisition.
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RESOLUTION N0.2605
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 seg. 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 August 26, 2009, the Commission adopted Resolution No.
2596 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
$272,000.00 (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 detei~nination 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 l or 2 hereof.
Notwithstanding the foregoing, no representations, contract or understanding relative to
the purchase of the Property, whether made by a Connnissioner, employee or other agent
or official, is binding against the Connnission 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 pa}nnent of expenses incidental to the
conveyance and determination of title).
4. Don Inks or Jeff Gibney is 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 October 2, 2009, at 1308 County-City Building, 227 West Jefferson
Boulevard, South Bend, Indiana 46601.
CITY OF SOUTH BEND,
DEPARTMENT OF REDEVELOPMENT
Prime A"ante cane Tit e
South Bend Redevelopment Commission
ATTEST:
Yrnller t1'anu~ unr Til e
South Bend Redevelopment Commission
EXHIBIT A
PROPERTY DESCRIPTION AND OFFERING PRICE
Tax Key No.
Address
Owner Average
Acquisition Price
Habitat for
18-7008-0300 412 E. Sample St Humanity of St. Joe $272,000.00
County, Inc