NOTICE TO INTERESTED PERSONS OF THE
SALE OF REAL PROPERTY
FOR PRIVATE DEVELOPMENT AND REQUEST FOR PROPOSAL FOR THE DEVELOPMENT OF SUCH REAL PROPERTY
Notice is hereby given that the City of Lafayette Redevelopment Commission (“Commission”), on the 25th day of June, 2026 at 11:00 o’clock a.m. at City Hall, Council Chambers, 1st Floor, Lafayette, Indiana, will open and consider written offers (Proposal for Redevelopment) for the sale of approximately .35 acres of real property located between the east side of S. 6th Street, the west side of S. 7th Street, south of New York and north of Romig in the old Monon and Wabash railroad corridor (the “Property”), all located within the City of Lafayette, Tippecanoe County, Indiana, as more particularly described in the Offering Sheet referenced below.
The description of the Property and the terms of disposition are generally described as follows: (1) the Property is presently vacant, seeded with grass with no structures; (2) an existing alley bisects the subject property; (3) the property is currently zoned R1U and R2U (Single-Family and TwoFamily Residential), however, a rezone to Planned Development (PD) is required and; (4) the Commission is requesting proposals from developers who, if selected, will purchase and redevelop the Property for single family detached and attached residential units, with a preference for owneroccupied units in an architectural style(s) reflecting and compatible with the historic vernacular of the neighborhood, together with the construction of related site improvements, including sidewalks and landscaping.
The Commission has caused to be prepared and will have available for examination and use by all interested persons, in the Office of the City Clerk, 20 N. 6th St, Lafayette, Indiana and can be found on the City of Lafayette website at www.lafayette.in.gov a Request for Proposals including the following exhibits, which constitute the bid packet, to-wit:
A. Notice of Sale of Real Property;
B. Instructions to Bidders;
C. Offering Sheet;
D. Proposal for Redevelopment;
E. Zoning Map; and F. Area/Neighborhood.
All interested persons that obtain a Request for Proposal shall register with the Commission by providing in writing their name, mailing address, phone number and e-mail address. All offers must be filed with the City Clerk, 20 N. 6th St, Lafayette, Indiana no later than 11:00 a.m., June 25, 2026, and shall be on the forms prescribed by the Commission and contained in the Request for Proposal. Fax or email transmissions are not acceptable. Proposals submitted or received after that date and time specified will not be accepted or considered. The successful bidder will be required to provide the Commission with a certified check or cashier’s check made payable to the order of the City of Lafayette, in the amount of Ten Thousand Dollars ($10,000), which shall be applied to the purchase of the Property at closing.
The Commission reserves the right to reject any or all offers or may make the award to the highest and best bidder. Offers may consist of consideration in the form of cash, other property, or a combination of cash and property. With respect to property other than cash, the offer must be accompanied by evidence of the property’s fair market value that is satisfactory to the Commission in its sole discretion. In determining the best offer, the Commission shall take into consideration the amount of the proposal in terms of dollars and cents; the size and character of the improvements proposed to be made on the Property; the developer’s work performance records and ability to carry out the work activity schedule; the developer’s financial resources to ensure that the development will be carried out; the proposed project to be constructed on the Property; the developer’s experience and previous work in particular in historic urban environments; the compatibility of the proposed development as it relates to the surrounding area; and any factors that will assure the Commission that the sale, if made, will best serve the interests of the community both from the standpoint of human and economic welfare. A successful bidder will be required to enter into a Development Agreement with the Commission with respect to these and other matters.
Any bids submitted by a trust (as defined in IC 30-4-1-1(a)) must identify each (A) beneficiary of the trust; and (B) settlor empowered to revoke or modify the trust.
This notice is given pursuant to I.C. 36-7-14-22(d) and I.C. 5-3-1-2(e).
Dated May 28, 2026.
LAFAYETTE REDEVELOPMENT COMMISSION
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