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
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DEPARTMENT ACCOUNT PO NUMBER INVOICE NUMBER AMOUNT DESCRIPTION
1801 4345500 2383078 304.02 PUBLICATION OF LEGAL
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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
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(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