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316279 09/26/17 CITY OF CARMEL, INDIANA VENDOR: 368090 ei ONE CIVIC SQUARE STAR MEDIA CHECK AMOUNT: S*******304.02* ?q CARMEL, INDIANA 46032 PO BOX 677553 CHECK NUMBER: 316279 �M. DALLAS TX 75267-7553 CHECK DATE: 09/26/17 ., crow co. DEPARTMENT ACCOUNT PO NUMBER INVOICE NUMBER AMOUNT DESCRIPTION 1801 4345500 2383078 304.02 PUBLICATION OF LEGAL 0 o -u > 3 � C a m O E > 0 Ll C3 22 z D q M ° n / n 0) m m 0 n x - 0 m ' @ 0 w a J 2 CL \ 7 ƒ q \ E / O w m o 0 w / » # a -n # a 0 2C.0 Cn f 0 C) t -n > D / \ k n m . j -4 k � D \ CD � 0 2 2 f69 > -n O � (\ z m _ � w & ) ! 2 9 - 2 # CD E k a 3 $ CL \ \ m m o a 00 v CL CD § - 7 - / c / CD ƒ E ; = \ CD = ° - C Z & ! 3 Q / ] a E i / ° CD \ ƒ - i CL ( Er / ca 0 / w � k f w C 7 - - ƒ § » & 2 ) E � - a y \I e mo -CL Cr o cra g E 2 z - m CD , rr 5 0 E C \ g � m ) � S 70 CD 0 0 07 zg ƒ2 § t 2 q / C o 0 # 6 Z 0> § k\ ° / \ \ a2 5 \ 2 \D \ } { D f_ e E ) 9 �o { ) ; « nm ] i q } CD _ 0 f n / \ 0 j E / c = SD * f % $ % ] } % { ƒ i \ § $ / 0 w - [ CD$ f / _pa M \ $ n G ] \ \ / \ ( CL > \ $ \ § r § CD \ C ) 7 k � ® \ CONFIRMATION STARMEDIA A GANNETT COMPANY Star Media 130 S. Meridian Street Indianapolis, In 46225 CARMEL REDEVELOPMENT COMMISSIO 30 W MAIN ST CARMEL IN 46032- Account ADS Net Amount Tax Amount Total Amount Payment Method Payment Amount Amount Due INI-44230 0002383078 $304.02 $0.00 $304.02 Invoice $0.00 $304.02 Sales Rep: adolph Order Taker: adolph Order Created 09/01/2017 Product Placement Classification #Ins Start Date End Date INI-Indianapolis Star INI-Public Notices Legal Notices 2 09/05/2017 09/12/2017 INI-indystar.com INIW-Public Notices Legal Notices 2 09/05/2017 09/12/2017 ALL TRANSACTIONS CONSIDERED PAID IN FULL UPON CLEARANCE OF FINANCIAL INSTITUTION Text of Ad: 09/01/2017 REQUEST FOR DEVELOPMENT PROPOSALS 16-09-25-12-02-026.000 16-09-25-12-02-027.000 16-09-25-12-02-028.000 16-09-25-12-02-028.001 Notice is given hereby that The City of Carmel Redevelopment Commission ('CRC') will open and consider written development proposals (the "Proposals') of the parcel of real estate that is depicted as Parcels 16-09-25-12-02-026.000, 16-09-25-12-02-027.000, 16-09-25-12-02-028.000, and 16-09-25-12-02-028.001, (collectively hereinafter referred to as the "Parcel" and/or "Parcels'). The parcels are approximately 0.67 acres together. CRC will open the Proposals at 6:30 p.m. local time on September 19,2017,as part of a Public Meeting held by the CRC to be held at the Carmel City Hall, One Civic Square, Carmel, Indiana 46032(the 'Public Opening'), unless a Special Meeting is called at a date differing with proper public notice. The Proposals shall be submitted to CRC at 30 West Main Street, Suite 220, Carmel, Indiana 46032 (the 'CRC Offices'). The deadline for submission of Proposals is 12:00 pm local time September 19, 2017 (the "Receipt Deadline"). At least five days before the Public Opening, interested parties will be able to obtain from the CRC Offices information concerning the room in which the Public Opening will occur. The offer by CRC of the Parcel for sale is made on the conditions set forth below(the'Conditions for Acquisition"). Permitted Use: The Parcels shall be used to: (a) accommodate existing parking space demands, including covered spaces for condo owners in Lurie building; (b) coordinate with the City Communications Department to relocate communications infrastructure and staff off-site, including underground fiber;(c)construct for-sale residential units and possible lease office space that has architectural and design characteristics commensurate with the design of Sophia Square, and(d)adequate on-site parking for new uses. CRC Contribution: CRC is not committing to make any contribution to, or investment in, the Parcel; other than the consideration of TIF approvals for parking. Minimum Offering Price: $1,224,000 which is the average of two appraisals. Earnest Money:A non-refundable deposit of $5,000.00 (all of which shall be applicable against the purchase price for the Parcel). Parcel Condition: The Parcel is being offered on an"as-is'basis. Due Diligence: The successful bidder shall be responsible for all costs of due diligence with respect to the Parcel, including, without limitation, costs to: (a) obtain title insurance, a survey, and new or updated environmental reports; and (b) perform tests and inspections. Acquisition Date: The sale and purchase of the Parcels shall occur on or before the 15th day of November 2017 (the 'Closing Date'), at which time, the successful bidder shall: (a) pay to CRC the purchase price; and(b)acquire fee simple title to the Parcel. Additional Requirements: The successful bidder must satisfy the following requirements: (a) the purchase price shall be paid on the Closing Date; (b) all Proposals shall include proof of available funds;and (c) commit to using the Parcel for the Permitted Use. Preferential Features: Mixed-Use environment. Complementary architecture. Reputable status of Developer. Proposal Requirements: Each Proposal must comply with the requirements of this Notice. CRC has caused to be prepared the exhibits listed below (the 'Exhibits"), and CRC will make all of the Exhibits available at the CRC Offices for examination and use by all interested persons. This Notice,together with the Exhibits,constitutes the'Bid Package'. Exhibit A Instructions to Bidders Exhibit B Form Proposal Exhibit C Outline of Project Agreement Requests for information concerning the Bid Package or requests for access to inspect the Redevelopment Parcel should be directed to: Mike Lee, Carmel Redevelopment Commission, 30 West Main Street, Suite 220 Carmel, Indiana 46032;telephone: (317)S71-2788; and e-mail mlee®carmel.in.gov. RFP Materials and Exhibits referenced will be made available at this office prior to bids due. CRC reserves the right to: (a) consider or reject without consideration any Proposals that do not satisfy the Proposal Requirements; (b)reject any or all Proposals,and(c)make an award to the highest and best bidder,as described more particularly in the Bid Package,even if the Proposal submitted by the highest and best bidder does not satisfy all of the Conditions for Acquisition. In determining the highest and best bidder, CRC shall take into consideration the following: (a) The purchase price for the Parcel, as proposed in each Proposal. (b) The general business reputation of the bidder. (c) The experience of the bidder with respect to the operation of projects similar to the bidder's proposed Permitted Use of the Parcel(the"Similar Projects'). (d) The proposedpro forma,site plan,and building massing. (e) The current ability of the bidder to operate the Parcel in —­F vviui Niai u,Nc,nuu,mw iavva. (f) The financial resources of the bidder and its principals. (g) The financial resources of the bidder's equity investors. (h) The extent to which the Proposal incorporates the Preferential Features. (i) The record of the bidder with respect to the operation of Similar Projects in compliance with plans,permits,and laws. Q) Satisfaction by the bidder of the Proposal Requirements, compliance of the bidder with the Conditions for Acquisition, and satisfaction by the bidder of any additional requirements of the Bid Package. (k) Any other factors that CRC determines to be important in carrying out and serving: (i)the Conditions for Acquisition; (ii)the legal purposes of CRC; and (iii)the interests of The City of Carmel, Indiana, and its residents, from the standpoint of both human and economic welfare. A successful bidder will be required to execute a binding Project Agreement with CRC that is acceptable to CRC and that commits the bidder to: (a) satisfy the Conditions for Acquisition; and (b) fulfill the commitments made by the bidder in its Proposal. The Pro ect Agreement shall include the terms and conditions outlined on Exhibit C to the Bid Package. Dated:August 31,2017 Carmel Redevelopment Commission (S-9/S/17,9/12/17-0002383078) hspaxlp