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Redevelopment authority declares 2711 West 37th Avenue blighted to enable possible purchase under RDC statute
Summary
The Hobart redevelopment authority voted to declare 2711 West 37th Avenue (Regional Data Management LLC) blighted under section 19.5 of the RDC statute, a step enabling acquisition as part of a draft TIF strategy; the decision is contingent on appraisals and further steps.
The Hobart City Redevelopment Authority voted on March 16 to determine that the property at 2711 West 37th Avenue, owned by Regional Data Management LLC, is blighted in an economic sense under section 19.5 of the RDC statute, a finding that allows the authority to pursue purchase as part of a broader TIF-driven redevelopment strategy.
Attorney Ryan briefed the board on the statutory process and said the authority has a willing seller but must base any purchase decision on appraisals and additional due diligence. Ryan recommended wording for a motion: that the property “is blighted in an economic sense as stated in section 19.5 of the RDC statute.” A motion was made, seconded and approved by voice vote.
Board members discussed that the authority itself does not exercise eminent domain — that power belongs to the council — and that any use of TIF funds, appraisals and acquisition would follow further procedural steps including appraisal completion and coordination with the city. Staff said appraisals are in progress and the city is working on updated title reports; the board’s vote establishes the statutory finding necessary to proceed toward purchase if subsequent approvals and funding are secured.
Why it matters: The blight determination is a formal prerequisite under the RDC statute that can allow the authority to acquire property from willing sellers and fold specific parcels into a tax-increment financing (TIF) plan aimed at corridor redevelopment.
Next steps: Staff will complete appraisals, obtain updated title reports and return with recommended acquisition terms and funding sources; any eminent-domain action or TIF financing would require separate legislative approval and additional board or council actions.
