Gary Indiana Real Estate

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					                              CITY OF GARY
                     NOTICE TO BIDDERS NO. 2009-01

Notice is hereby given that pursuant to I.C. 36-1-11-4, the Board of Public works
and Safety of the City of Gary, as the designated disposing agent for property
owned by the City of Gary, will receive and consider written bids for the purchase
of certain real estate in the City of Gary, Indiana to be used for the specific
purpose of commercial sales; hereinafter described, subject to the conditions of
sale hereinafter set forth.

                         528-540 Broadway, Gary, Indiana

Lots 13, 14, 15, 16 and 17 Block 83, Gary Land Company’s First Subdivision.

                     TOTAL APPRAISED VALUE - $16,500.00

Written bids for said property will be accepted at the office of the City of Gary,
Board of Public Works and Safety (Board), City Hall, 401 Broadway, Cleo Wesson
Board Room, 2 Floor, Gary, Indiana, during the Board's regular business hours,
beginning at 8:30 a.m. on April 27, 2009 and ending promptly at 10:00 a.m. on May
13, 2009. The bids will be opened upon receipt and promptly made available for
public inspection. At this time, they will be publicly opened and read when this
item is called by the presiding officer of the Board. The Board meeting is
scheduled to begin at 10:00 A.M. local time. The bidder must specify the
proposed use of the property in its bid. Every bid must contain a lump sum bid
price for the complete property and the complete name, address, telephone
number, and FAX number, if available, of the bidder. The sale of the property will
be awarded to the highest and best bidder as determined by the City of Gary.

A bidder may raise its bid and that raise shall be effective after the Board, or its
designee, has given written notice of that raise to the other bidders who have
submitted bids by the time said notice is given.

Sale of real property owned by the City of Gary must be approved by the Mayor. In
addition, any such sale of real property having an appraised value of over
$50,000.00 requires the approval of the Common Council of the City of Gary.
Before the approval of the Mayor and Common Council can be given, a Public
Hearing regarding the proposed sale, for which appropriate notice is given in
accordance with I.C. 5-3-1, must be held. The Mayor has designated the Board to
give the appropriate notice, conduct the necessary hearing, and, thereafter,
provide him with the Board's written recommendation.

                               CONDITIONS OF SALE

        1. The property may not be sold to a person or the agent of a person who
is ineligible to purchase the property pursuant to the terms of I.C. 36-1-11-16.

        2. A bid submitted by a Trust (as defined in I.C. 30-4-1-1a) must identify
           a. beneficiary of the Trust; and

           b. settlor empowered to revoke or modify the Trust.

       3. The minimum bid for real estate offered for sale shall be ninety percent
(90%) of the appraised value. The Board of Public Works and Safety may sell the
property for less than 90% of the appraised value only after having issued an
additional notice of sale published in accordance with I.C. 36-1-11-4.

       The Board reserves the right to reject any and all bids or to withdraw said
property from sale at any time up to the formal adoption of a resolution by the
Board approving the sale to the highest and best bidder. In determining the best
bid, the Board will take into consideration the size and character of the
i mprovements proposed to be made by the bidder on the real estate; his (her)
plans and ability to improve real estate with reasonable promptness; whether the
real estate, when improved, will be sold or rented; the bidder’s proposed sale or
rental prices; the financial responsibility, qualifications, experience and ability of
proposed Redeveloper to finance and complete the development; consistence
with the bidder’s plans with the Master Plan Guidelines and other considerations
which will further the objectives of the City of Gary, Indiana, and will best serve
the interests of the community, both from the standpoint of human and economic

       4. The Board may engage an auctioneer to conduct the sale by public
auction. The auction may be conducted either at the time for beginning of the sale
in accordance with this Notice or after the beginning of the sale. If an auctioneer
is engaged by the Board, each bidder who has submitted a bid will be given
written notice of the time and place of the auction.

      5. Within ten (10) days after receiving notice of the bid award, the
successful bidder must deposit with the City of Gary, Department of Finance, a
bid deposit in the form of a certified check, made payable to the “City of Gary”, in
an amount of at least ten percent (10%) of the bid amount. No extension will be
granted for payment of the bid deposit.

      6. Within thirty (30) days after the bid is awarded, the successful bidder
must deposit with the Finance Department the difference between the bid amount
and the bid deposit. An individual may apply to the Board for an extension of

thirty (30) days to pay the bid amount and said extension may be granted for
“good cause shown”. Under no circumstance will a person be granted a longer
period than sixty (60) days from the date of award within which to pay the full bid

      7. The City of Gary will deliver a Warranty Deed. The Deed will contain
covenants forbidding sandmining.

       8. The property shall be sold in an “as is” condition subject to
existing easements, restrictions of record, local, county, state and federal laws,
regulations and other ordinances limiting or regulating the use of the property.

      9. The City of Gary shall not be responsible for, or make any allowance for,
damage which may occur to the property after the date of award of same to the
successful bidder and will not reduce the sale price based upon any damages
occurring after the award date. The successful bidder may request written
permission from the Board authorizing said bidder to secure the property.

       10. All persons who bid on properties being offered through the herein
described bid procedures shall be deemed to have consented and agreed to the
above terms and conditions.

For more information, interested parties should contact the City of Gary Board of
Public Works and Safety, 401 Broadway, Suite 300, Gary, IN 46402, (219) 881-
1310. Copies of this Notice, containing the complete legal descriptions of the
parcel being offered in this Notice can be picked up there any business day
between 8:30 a.m. and 5 p.m.

                                                Board of Public Works and Safety
                                                Of The City of Gary, Indiana

                                                 By: Geraldine B. Tousant


Attest: Rinzer Williams
         Executive Director

                                      BID FORM

     528-540 BROADWAY

Name of Bidder:

Address of Bidder:
Telephone:                                               Fax:

Offering Price:

In submitting this offer to purchase, it is understood that the right to reject such offer is
reserved by the Board of Public Works and Safety of the City of Gary. The undersigned
further agrees to develop the property consistent within the Master Plan as set forth by the
City of Gary.

It is further understood that the Board of Public Works and Safety reserves the right to
make the award to the highest and best bidder.


                                                          (C ompany Name)


                                                           (Telephone)              (Fax)
State of Indiana )
                  ) SS:
County of Lake )

          Subscribed and sworn to before me, a Notary Public this            day of              2009.

                                                                     (Notary Public Signature)

My Commission Expires:
                                                                     (Notary Public Signature)

                                 AFFIDAVIT OF NON-COLLUSION


                                                                   ,   being first duly sworn, and disposes and
says that:

        1. He is                                                   of
              (owner, partner, officer, representative or agent)             (Bidder who submitted the attached Offer)

        2. He is fully informed respecting the preparation and contents of the attached
offer and of all pertinent circumstances respecting such offer.

        3. Such offer is genuine and not a collusive or sham offer.

        4. Neither said Bidder nor any of its officers, partners, owners, agents,
representatives, employees, or parties in interest, including this affiant , has in any way
colluded, conspired, connived, or agreed, directly or indirectly, with any other bidder,
firm, or person to submit a collusive or sham offer in connection with this bid. I further
represent that no persons, officers or directors in said corporation have entered into any
agreement or arrangement with representatives of the City of Gary, Indiana, whereby
money or anything of value was paid or is to be paid to any representative of the City of
Gary, Indiana in return for acceptance of this bid.



State of Indiana)
County of Lake)

Subscribed and sworn to before me a Notary Public this                                 day of                            , 2009.

My Commission Expires:
                                                                                       Notary Public Signature

                                                                                        Printed Name


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