NOTICE OF REQUEST FOR BIDS FOR SALE OF CERTAIN REAL PROPERTY OWNED BY THE WARSAW REDEVELOPMENT COMMISSION Notice is hereby given that the City of Warsaw, Indiana, Redevelopment Commission (the “Commission”), the governing body of the City of Warsaw, Department of Redevelopment, will accept at the Commission’s office, located at City Hall, 102 South Buffalo Street, Warsaw, Indiana, 46580 sealed offers up to the hour of 3:00 p.m. (local time) on April 4, 2014, for the sale of certain real property more particularly described below (the “Property”). Notice is further given that at a public meeting of the Commission to be held on April 7, 2014 at 12:00 p.m. (local time), in the Council Chambers located at City Hall, the Commission shall open and consider each offer pursuant to Indiana Code 36-7-14-22 for the sale of Property described as follows: Parcel ID 028-122-001 Pt NW & Pt SW 31-33-6, 91.6 Acres The Offering Sheet containing a legal description of and the offering price of Two Million Dollars ($2,000,000.00) (the “Offering Price”) for the Property and terms upon which the sale shall be awarded, as well as any limitations on the use made on the Property, is available for review at the Commission’s office, located at the City Hall, 102 South Buffalo Street, Warsaw, Indiana. The Offering Price for the parcel has been determined by the average of two (2) independent appraisals. This property may not be sold to a person who is ineligible to purchase under Indiana Code 36-1-11-16. Pursuant to Indiana Code 36-7-14-22, any proposal by a trust (as defined in Indiana Code 30-4-1-1(a)) must identify each (i) beneficiary of the trust and (ii) settler empowered to revoke or modify the trust. The Commission reserves the right to reject offers that do not meet the development criteria, zoning laws, or bid amounts less than the offering price and will conduct the sale of the Property in accordance with Indiana Code 36-7-14-22. Dated this 12th day of March, 2014 CITY OF WARSAW, INDIANA, REDEVELOPMENT COMMISSION 3-12,19 hspaxlp
