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2 <br />Instructions to Applicants <br /> <br />The South Bend Redevelopment Commission (“Commission”) invites proposals for the <br />purchase and re-use of certain real property with the following legal descriptions 63 X 66 <br />Ft Nw Cor Lot 19 Denniston & Fellows Sub Of Lots 19 20, 33 Ft N End So 69 Ft Sw Pt <br />Lot 19 Denniston & Fellows Sub Pt Lot 19 & 20 23/24 Split #60880 9/6/2022 to 096901, <br />36'X 66'Sw Pt Lot 19 Denniston & Fellows Sub Pt Lot 19 & 20 & S 36'Lot 7 Hudson Add <br />23/24 Split #60880 9/6/2022 to 097001, 66' x 132' Nw Cor Lot 20 Denniston & Fellows Sub <br /> Of Lots 19 20 23/24 Split #60880 9/6/2022 to 097101, N 33' Of 33 X 132' S W Cor Lot 20 <br />Denniston & Fellows Sub Lots Of 19-20 23/24 Split #60880 9/6/2022 to 097201, 33 X 132 <br />Ft Sw Cor Lot 20 Denniston & Fellows Sub Lots Of 19-20 23/24 Split #60880 9/6/2022 to <br />097301, and 63 Ft N Side Of Lot 7 Hudsons Sub Of Parts Of Lots 19-20 Denniston & <br />Fellows 23/24 Split #60880 9/6/2022 to 097401. This real property bears the commonly <br />known addresses of 502 Carroll St, 510 Carroll St, 512 Carroll St, 514 Carroll St, 516 <br />Carroll St, 524 Carroll St, and 316 E Monroe St., within the River West Development Area, <br />South Bend, Indiana. <br /> <br />The Proposal Documents provide Applicants with essential information regarding the <br />Disposition process and the Project Site. Each Applicant should read this information <br />thoroughly before submitting a proposal to the Commission. The Proposal Forms are <br />required as part of any proposal submitted for the purchase of Commission-owned land. All <br />Forms must be complete. The Commission may reject any proposal submitted with <br />incomplete or missing information. <br /> <br />Evaluation Criteria <br /> <br />The Commission may use the following criteria to guide its review and acceptance or denial <br />of a proposal: <br /> <br /> The degree to which the Applicant’s proposal meets the objectives of the Monroe <br />Park Edgewater Neighborhood Plan, and Development Plan for the River West <br />Development Area prepared by the Department of Community Investment and <br />approved by the Commission, the South Bend Plan Commission, and the Common <br />Council; and the surrounding businesses and neighborhood. <br /> The use of the improvements proposed to be made by the Applicant on the real <br />property; the Applicant's plans and ability to implement the re-use of the real estate <br />with reasonable promptness; whether the real property will be sold or rented; the <br />Applicant's proposed sale or rental prices; and any factors which will assure the <br />Commission that the sale, if made, will further the execution of the Monroe Park <br />Edgewater Neighborhood Plan and River West Development Plan and will best <br />serve the interest of the community, from the standpoint of both human and <br />economic welfare. <br /> <br /> The financial responsibility, qualifications, experience and ability of the Applicant to <br />finance and complete the development. <br /> <br /> The proposal which will provide the Commission with the best possible