Laserfiche WebLink
South Bend Redevelopment Commission <br /> Regular Meeting—September 13, 2012 <br /> intersection that would allow free-flow traffic <br /> at the intersection and would not have traffic <br /> restrictions. <br /> Because all traffic north of Walter Street <br /> would be restricted from access to Ireland <br /> Road, Alternative C requires the upgrade of <br /> the intersections of Teri, Barbie and Fellows <br /> and creates an upgraded Barbie/Fellows <br /> intersection to take advantage of the new <br /> traffic signal proposed for Michigan. This <br /> would allow two signalized access points <br /> in/out of the neighborhood and allow non- <br /> signalized access at Walter Street. <br /> Alternatives C-1 and C-2 require fewer <br /> acquisitions: likely, seven full residential and <br /> three full commercial acquisitions and at <br /> least four partial right of way acquisitions. <br /> The number of partial right of way <br /> acquisitions would increase if sidewalks were <br /> added to Ireland Road from Michigan to <br /> Fellows on the north or St. Joseph to Fellows <br /> on the south side of Ireland. The project <br /> acquisition cost impact with this alternative <br /> is estimated at $2.5 million (based on 2012 <br /> property tax assessment and commercial <br /> estimates of value with no adjustment for <br /> relocation) and with a projected loss of tax <br /> revenue at $75,033.21 (based on 2012 tax bill <br /> value). The costs associated with relocation <br /> of the commercial businesses, and the <br /> potential costs associated with environmental <br /> remediation of the Marathon Gas Station at <br /> the corner of Ireland and Michigan could <br /> raise the acquisition cost dramatically. <br /> Alternative C presents some concerns for <br /> various city departments as it creates an <br /> isolated neighborhood with challenges for <br /> public safety services, based on the present <br /> configuration and location of public safety <br /> 22 <br />