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Marion County approves transfer of parcel 9009316 to Noble Inc. with five-year rehab and reversion conditions
Summary
The commission approved transferring county parcel 9009316 (2406 N. Tibbs Ave.) to Noble Inc., subject to code and Health & Hospital Corporation standards within three months, a five-year completion requirement, periodic progress reports and a reversion clause under Indiana Code 6-1.1-24-6.7.
Marion County commissioners voted Sept. 17 to transfer county parcel 9009316, located at 2406 North Tibbs Ave., to Noble Inc. for nonprofit redevelopment, subject to conditions and reporting requirements.
County staff presented background that the parcel was leased to Noble under a 1969 99-year lease at $1 per year and that the nonprofit—Noble of Indiana (Noble Centers, Inc.)—is seeking conveyance of the external parcel for redevelopment. The site received DP zoning at a recent hearing, and Noble representatives told the commission they have been coordinating with the fire department to reserve a corner of the property for Firehouse 30 if that…
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