5B6 Notice of Intended Disposition of Former YMCA (1201 Northside)

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11 Notice of Intended Disposition of Property RIVER EAST DEVELOPMENT AREA 1 Ac W Side Louise St Bet Ruskin St & No Side Blvd Sec 18-37-3e .63 AC SW COR SEC 18-37-3E 1.91 AC BET CENTER LINE OF RUSKIN & NO SIDE BLVD W OF LOUISE ST SEC 18-37-3E EX PT SOLD .43 AC SW COR SEC 18-37-3E PARCEL OF LAND BET RUSKIN & NO SIDE BLVD W OF LOUISE ST CONT 91 AC MORE OR LESS SEC 1837-3E PARCEL OF LAND BET RUSKIN & NO SID BLVD 18-37-3E Beg 407.74'S Of Sw Cor Of Louise St & Mish Ave Sec 18-37-3e Cont 1.37 Ac Tax ID: 018-6014-0318 018-6014-031801 018-6014-031803 018-6014-031804 018-6014-031805 018-6014-031807 018-6014-031808 Commonly Known As: 1201 NORTHSIDE BLVD 18 LOUISE ST 1005 LOUISE ST 1201 NORTHSIDE BLVD 947 LOUISE 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 East Development Area until 9:00 a.m. (local time) on May 22, 2025 in the Office of the Department of Redevelopment, 1400 S. County-City Building, 227 West Jefferson Boulevard, South Bend, Indiana, 46601. All offers will be publicly opened and read aloud at 9:30 a.m. (local time) on the May 22, 2025 at the Regular Meeting of the Redevelopment Commission to be held that date and time in Room 441 S County-City Building, 227 West Jefferson Boulevard, 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 1 Ac W Side Louise St Bet Ruskin St & No Side Blvd Sec 18-37-3e, .63 AC SW COR SEC 18-37-3E, 1.91 AC BET CENTER LINE OF RUSKIN & NO SIDE BLVD W OF LOUISE ST SEC 18-37-3E EX PT SOLD, .43 AC SW COR SEC 18-37-3E, PARCEL OF LAND BET RUSKIN & NO SIDE BLVD W OF LOUISE ST CONT 91 AC MORE OR LESS SEC 1837-3E, PARCEL OF LAND BET RUSKIN & NO SID BLVD 18-37-3E, and Beg 407.74'S Of Sw Cor Of Louise St & Mish Ave Sec 18-37-3e Cont 1.37 Ac Tax ID: 018-6014-0318, 018-6014-031801, 018-6014-031803, 018-6014-031804, 018- 6014-031805, 018-6014-031807, 018-6014-031808 commonly known as 1201 Northside Blvd, 18 Louise St, 1005 Louise St, and 947 Louise St. in the River East 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 NC Neighborhood Center zoning designation. Strong emphasis will be placed during the review process on compatibility with and support of the River East 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, 1400 S. County-City Building, 227 West Jefferson Boulevard, 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 East 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.