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South Bend Redevelopment Commission <br />227 West Jefferson Boulevard, Room 1308, South Bend, Indiana <br />Redevelopment Commission Agenda Item <br />DATE : 8/21/25 <br />FROM: Erin Michaels – Property Development Manager <br />SUBJECT: Real Estate Donation Agreement – 1724 Kendall St <br />Funding Source* (circle) River West; River East; South Side; Douglas Road; West Washington; RDC General; Riv. East Res. <br />* Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by the City Controller, then the <br />authorization of the expenditure of such funds shall be void and of no effect. <br />PURPOSE OF REQUEST: Approval of Proposed Real Estate Donation Agreement for Vacant Parcel at 1724 Kendall <br />St <br />SPECIFICS: The proposed Real Estate Donation Agreement would allow the Redevelopment Commission to <br />accept one vacant residential parcel located at 1724 Kendall St from 2010 Investment Group LLC (the “Group). <br />The Group has contacted Commission staff and wishes to donate this parcel to the Redevelopment Commission <br />to further redevelopment in the Rum Village neighborhood. <br />The due diligence period would be sixty (60) days from approval of this agreement and the closing deadline <br />would be 30 days from the end of the due diligence period. <br />The City owns thirty (30) vacant parcels in this neighborhood and adding this parcel to the City’s portfolio will <br />help to further redevelopment in this area. <br />_________________________Pres/V-Pres <br />ATTEST: __________________Secretary <br />Date: ____________________ <br /> APPROVED Not Approved <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />August 28, 2025 <br />