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South Bend Redevelopment Commission <br /> Regular Meeting—November 8, 2011 <br /> 6. NEW BUSINESS (CONT.) <br /> F. South Side Economic Development Area <br /> (2) continued... <br /> Mr. Sikora noted Resolution 2954 and <br /> Amendment to the Addendum to the Master <br /> Agency Agreement for the Main-Lafayette <br /> Corridor Project, Supplement#4. <br /> The purpose of this supplement is to add <br /> funding to cover the right-of-way acquisition <br /> needed for the Main-Lafayette Connector <br /> project. There are three total acquisitions <br /> (two residential and one commercial), several <br /> partial, permanent and temporary <br /> acquisitions associated with this project. The <br /> budget estimate for all of the acquisitions is <br /> $1,225,000 but staff is requesting approval of <br /> a budget amount of only $1,000,000 and will <br /> use this as a base budget. When the budget <br /> needs to be amended based on the acquisition <br /> process, staff will present an update and a <br /> supplemental budget request. <br /> Mr. Sikora noted that questions had been <br /> raised about this Addendum to the Agency <br /> Agreement and staff is now requesting <br /> Resolution No. 2954 be tabled. <br /> Upon a motion by Mr. Downes, seconded by COMMISSION TABLED RESOLUTION No.2954 <br /> Ms. King and unanimously carried, the UNTIL NEXT MEETING NOVEMBER 22,2011. <br /> Commission tabled Resolution No. 2954 <br /> until next meeting November 22, 2011. <br /> G. Northeast Neighborhood Development Area <br /> (1) Resolution No. 2957 authorizing the <br /> transfer of real property to the City of <br /> South Bend Board of Public Works. <br /> 18 <br />