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CITY OF SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING – May 14, 2026 <br /> <br />Page | 2 <br /> <br /> Matt Barrett, 110 S. Niles Ave. <br /> <br />2. Approval of Minutes <br />A. Approval of Minutes of the Regular Meeting of Thursday, April 23, 2026 <br /> <br />Upon a motion by David Relos for approval, second by Ophelia Gooden- <br />Rodgers, the motion carried unanimously; the Commission approved the <br />minutes of the regular meeting of April 23, 2026. <br /> <br />3. Approval of Claims <br />A. Claims Allowances May 5, 2026 <br /> <br />Upon a motion by Ophelia Gooden-Rodgers for approval second by David <br />Relos, the motion carried unanimously; the Commission approved the <br />claims allowances of May 5, 2026. <br /> <br />4. Old Business <br />A. None <br /> <br />5. New Business <br />A. River West Development Area <br />1. Opening of Bids (821 Portage Ave. & 808 Cushing St.) <br />Erin Michaels, Property Development Manager, stated we received no <br />bids prior to the deadline for the disposition process, and we are in a 30- <br />day waiting period that ends on June 13, 2026 prior to entering into any <br />negotiations. <br /> <br />2. Purchase Agreement (23931-23977 Brick Rd.) <br />Erin Michaels, Property Development Manager, presented the proposed <br />sale of real property located at 23931–23977 Brick Road. These four <br />parcels are situated on the northwestern edge of the city and are <br />currently vacant, consisting of open grassy land. <br /> <br />The proposed buyer is MAW Brokerage LLC. Their representative, Matt <br />Wetzel, is present today and available to answer any project-specific <br />questions. The proposed purchase price is $25,000 for all four parcels, <br />with a 120-day due diligence period and a closing deadline of 60 days <br />thereafter. <br /> <br />The project includes a minimum total investment of $1.8 million for the <br />development of leasable industrial commercial flex space. The <br />development will occur in two phases. Phase One will consist of a $1 <br />million investment to construct an 8,000-square-foot building on the <br />eastern parcels. Phase Two will include an $800,000 investment for a