Allow the pepper and onion mix to thaw completely to room temperature.
Once thawed, add the pepper and onions to a blender along with 3 cups of the chicken broth. Puree for at least 3 minutes until liquid.
Saute the bacon and potatoes in a soup pot on medium high heat until the bacon is neatly cooked through.
Add the flour and stir continuously until bacon and potatoes are thoroughly coated and flour turns slightly golden in color.
Add the purred peppers and onion mixture as well as the remaining chicken broth. Allow the soup to begin to boil and then reduce heat to a low boil for 15-20 minutes stirring frequently.
Add the corn, cream, and spices and cook at a low boil for an additional 10 minutes.
Turn the soup down to low and add the cheese stirring until the cheese is completely melted.
Serve immediately with desired toppings and enjoy!