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Redevelopment commission declares 2711 West 37th Avenue blighted to enable purchase within planned TIF
Summary
The Hobart Redevelopment body voted to find 2711 West 37th Avenue blighted under the RDC statute to permit a future purchase as part of a broader TIF-based redevelopment strategy; appraisals are pending and the city is the listed willing seller, staff said.
The Hobart City Redevelopment Authority voted to declare the property at 2711 West 37th Avenue blighted, a formal finding staff said is necessary to pursue purchase as part of a planned tax-increment finance (TIF) strategy.
Ryan (speaker 7), who outlined the legal basis, proposed wording for the finding: “The determination that the property at 2711 West 37th Avenue owned by Regional Data Management LLC is blighted in an economic sense as stated in section 19.5 of the RDC statute.” The commission moved and seconded the motion and approved it by voice vote.
Staff told the commission the city has engaged the property owner and that the owner is a “willing seller.” Ryan and other staff said formal appraisals are pending and must be completed before any purchase proceeds. City staff and commission members discussed funding options, including using TIF resources, inter-TIF loans, or direct city contributions to the RDC.
Commissioners also clarified the limits of RDC authority: the commission itself does not exercise eminent domain; that power resides with the city council and would require additional legislative approval if ever needed. Agency staff framed the blight determination as a planning tool to accelerate redevelopment in a corridor the city is redesignating for TIF support.
Next steps identified by staff: complete appraisals, finalize the TIF boundary work under the plan commission’s schedule, and report back with appraisal results and a recommendation for acquisition terms. The commission did not vote to purchase the property at this meeting; the action on the record was the formal blight finding that allows further work toward a potential acquisition.
