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Page 5 <br />Project: 102 -006 Parcel: 7/7A/7B <br />EXHIBIT "C" <br />COUNTEROFFER <br />1) Compensation shall be reduced from original offer amount of $20,963.00 to $17,236.00 <br />based on proposed revised permanent right -of -way, temporary right -of -way and <br />permanent easement to be acquired as legally described and identified within Exhibits <br />"D -1 ". "D -2 ". "D -3" and "D -4 ". <br />2) Existing Trench Drains — In advance of Project removal of existing Fellows Street drive <br />approach (Sta. 1 +76 LT Line `PR -B'), contractor shall close the existing approach at said <br />location and provide at minimum a 24 -hour notice to Graber Group, L.P. (Owner) for <br />removal of existing trench drains to be removed and retained by Owner. Contractor <br />reserves the right to remove existing trench drains to be retained by contractor should the <br />existing trench drains not be removed by Owner upon expiration of the 24 -hour advance <br />notice to Owner. <br />3) Replacement trench drains shall be of similar quantity and dimensions as existing trench <br />drains. <br />4) For construction of new Fellows Street drive approach (Sta. 1 +76 LT Line `PR -B'), <br />Project shall include the use of high early concrete and specify schedule constraint for the <br />replacement for pour on Friday and open on Monday. It is understood, drive removal and <br />replacement and the construction of the intersection will restrict access. Temporary access <br />will be provided when possible but cannot be provided at all times. <br />5) Owner warrants real estate to be conveyed to the City of South Bend for the use and <br />benefit of its Board of Public Works is not encumbered by lease agreement(s). <br />Parcel 7 Graber Group, L.P. <br />Original <br />Area <br />(Sq. Ft.) <br />Counter <br />Area <br />(Sq. Ft.) <br />Unit Cost <br />Original <br />Offer <br />Counter <br />Offer <br />Land <br />PER <br />3699 <br />3699 <br />$1 LSUM <br />$1.00 <br />$1.00 <br />New R/W <br />1826 <br />1216 <br />$6.50 <br />$11,869.00 <br />$7,904.00 <br />Perm Easement <br />0 <br />502 <br />$5.20 <br />$0.00 <br />$2,610.00 <br />Total <br />5525 <br />5417 <br />Land Improvements <br />Sidewalk <br />Yes <br />Yes <br />$3,240.00 <br />$3,240.00 <br />$3,240.00 <br />Grass <br />Yes <br />No <br />$123.00 <br />$123.00 <br />$0.00 <br />Curbing <br />Yes <br />Yes <br />$1,320.00 <br />$1,320.00 <br />$1,320.00 <br />Cost to Cure <br />Fence <br />Yes <br />Yes <br />$500.00 <br />$500.00 <br />$500.00 <br />Landscape Beds <br />Yes <br />No <br />$1,358.00 <br />$1,358.00 <br />$0.00 <br />Temporary R/W <br />1435 <br />934 <br />$1.7784 <br />$2,552.00 <br />$1,661.00 <br />TOTAL <br />$20,963.00 <br />$17,236.00 <br />