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South Bend Redevelopment Commission <br />Regular Meeting —June 14, 2012 <br />6. NEW BUSINESS (CONT.) <br />D. South Side Development Area <br />(1) continued... <br />Ireland and Fellows. The state anticipates <br />that roadway to be completed in late <br />summer /fall 2013. <br />In December 2011 the Commission approved <br />the design services contract for the project as <br />Supplement # 1 to the Addendum. In May <br />2012 the Commission approved Supplement <br />#2 approving additional funding for the final <br />design of the project as well as additional <br />work related to storm water master planning <br />elements for the project. ; <br />Supplement #3 proposed by Resolution <br />No. 2045 will set the list of properties to be <br />acquired for this project. The table attached <br />as Exhibit D of the amendment details the list <br />of properties to be acquired. The project <br />contains total and partial acquisitions as well <br />as temporary right -of -way to facilitate the <br />construction. Based on the present design, <br />there are 30 total acquisitions, 6 partial <br />acquisitions, and 57 temporary rights -of -way <br />required for this project. Of the total takes, 3 <br />properties are rentals, 3 are vacant and the <br />rest are owner- occupied units. Staff met with <br />all of the owners of the "total acquisitions" <br />except one between June 5 and June 7 in a <br />series of small group meetings to discuss this <br />project and the acquisition process. The total <br />cost for acquisition of all of the properties is <br />projected to be $3,022,500. Staff requests <br />approval of the budget of $3,022,500 <br />(Exhibit D) for the acquisitions. <br />Supplement #4 will be presented to the <br />16 <br />