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FIRST AMENDMENT TO REDEVELOPMENT SUPERVISORY <br />SERVICES AGREEMENT <br />This First Amendment To Redevelopment Supervisory Services Agreement (this "First <br />Amendment") is made on C� , 2018 (the "Effective Date"), by and between <br />the South Bend Redevelopment Commission, the governing body of the City of South Bend <br />Department of Redevelopment (the "Commission"), and the Civil City of South Bend, an <br />Indiana municipal corporation, acting by and through the South Bend Board of Public Works <br />(the "Provider"). <br />RECITALS <br />A. The Commission and the Provider entered into that certain Redevelopment <br />Supervisory Services Agreement dated January 12, 2017 (the "Services Agreement"), for the <br />provision of supervisory services to the Commission in relation to the Commission's Projects (as <br />defined in the Services Agreement). <br />B. The Commission and the Provider wish to amend the Services Agreement as set <br />forth in this First Amendment, <br />NOW, THEREFORE, in consideration of the mutual promises and obligations in this <br />First Amendment and the Services Agreement, the adequacy of which consideration is hereby <br />acknowledged, the Parties agree as follows: <br />1. Effective on January 1, 2018, the entirety of Section 4.A. of the Services <br />Agreement is deleted and replaced by the following: <br />A. Fees for Services. The Provider will render the Requested Services to the <br />Commission through the work of the Provider's employees holding the position titles <br />"Executive Director of Community Investment" and "Director of Business <br />Development." As compensation for the Requested Services, the Commission agrees to <br />pay the Provider a flat fee for each respective calendar year in an amount not to exceed <br />the total amount stated in the table below (the "Annual Fee"). <br />Period <br />Position <br />Annual Fee <br />January 1 to December <br />31, 2018 <br />Executive Director of Community <br />Investment <br />$50,000.00 <br />Director of Business Development <br />$40,000.00 <br />Total for 2018 <br />$90,000.00 <br />January 1 to December <br />31, 2019 <br />Executive Director of Community <br />Investment <br />$50,000.00 <br />Director of Business Development <br />$40,000.00 <br />Total for 2019 <br />$90,000.00 <br />2. Unless expressly modified by this First Amendment, the terms and provisions of <br />the Services Agreement remain in full force and effect. <br />