2 Redevelopment Commission Minutes 10.23.25 - Signed

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CITY OF SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING – October 23, 2025 5 6. 212 & 216 S. Michigan St. – State Theatre Disposition (Resolution No. 3654, Bid Specification, Notice of Intended Disposition) Joseph Molnar, Assistant Director of Growth and Opportunity, presented the State Theater disposition, a historic 1920s building located on South Michigan Street downtown, which was acquired by the Redevelopment Commission (RDC) in spring 2025. Since then, the RDC has funded and completed several stabilization efforts, including: • Roof rehabilitation to stop water intrusion (not a full replacement). • Debris removal, including leftover demolition materials and century- old items with no value. • Graffiti abatement inside and outside the building. • Securing entrances and windows, especially in high-traffic areas. Additional work is underway to electrify the marquee, with plans to use it for event advertising in partnership with Downtown South Bend (DTSB) expected to be operational within the next couple of months. Disposition Process: • The RDC is initiating the formal disposition of the property. • Resolution No. 3654, if approved, will set the offering price at $830,000, based on the average of two appraisals. • All bids must include a project plan and proposed use—a more detailed requirement than in past dispositions to ensure bidders have a clear redevelopment vision. • Bid deadline: November 13th, 2025 • If no bids are received, RDC staff will begin a more open RFP process to solicit redevelopment ideas from the community. Vice President Relos asked about the terracotta repair and if the city has a plan for restoring the façade. Mr. Molnar explained that the first priority is to stabilize the building, and the City will focus on the exterior features later, but they are in the plan. Secretary Wax asked whether the easement had been extinguished. Mr. Molnar responded that the legal department is currently handling the matter and confirmed it will be resolved prior to the property's sale. Sue Kesim asked if mold remediation is needed and Mr. Molnar stated it is not needed. Upon a motion by Eli Wax for approval, seconded by Ophelia Gooden- Rodgers, the motion carried unanimously; the Commission approved Resolution No. 3654, Bid Specification, and Notice of Intended Disposition of Property as presented on October 23, 2025.