2 Minutes 03-14-13 Meeting - Laserfiche WebLink

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South Bend Redevelopment Commission Regular Meeting —March 14, 2013 Staff requests approval of Resolution No. 3125 and Amendment #1 to the Addendum to the Master Agency Agreement for the Ireland Road Right Of Way Acquisition Services Project. Upon a motion by Mr. Downes, seconded by Ms. Schey and unanimously carried, the Commission approved Resolution No. 3125 approving and authorizing the execution of an Amendment to the Addendum to the Master Agency Agreement with the Board of Public Works (Ireland Road Right of Way Acquisition Services — Supplement #1) (2) Resolution No. 3127 approving and authorizing the execution of an Amendment to the Addendum to the Master Agency Agreement with the Board of Public Works (Main/Lafayette Corridor Project — Supplement #8) Mr. Schalliol noted that on November 21, 2011, the Commission and the Board of Public Works approved Amendment #4 to the Master Agency Agreement to create a 51,225,000 budget. With the addition of these 8 acquisitions, there is a need to finalize the acquisition budget. The original estimate for acquisition was $1,224,565, but there have been changes in values associated with some of the purchases (such as relocation expenses), and additional costs like with the Gates transaction approved at the last Commission meeting that have increased the project budget. The original estimate was a projection to be used for budgeting purposes and it was recognized that an adjustment would likely be needed. The purpose of this supplement is to add $347,637.00 to the acquisition right -of -way line item to cover the final acquisitions associated with the Main - Lafayette project. All of the acquisitions have been negotiated and the total acquisition amount will be $1,501,315. Staff requests approval of Resolution No. 3127 and the Addendum to Master Agency Agreement for the Main - Lafayette Corridor Project, Supplement #8. Ms. Schey asked if a portion of the three two -way traffic studies the city has had done over the last seven years included the Main and Lafayette corridor. Mr. Schalliol responded that it did not. It only included the downtown South Bend area, north of Sample to a point north of Memorial Hospital. But this project will coordinate with the long term two -way traffic plan. Mr. Ford noted that in a previous report there was a long term projection of what two -way traffic would mean down to Ireland Rd. Upon a motion by Mr. Downes, seconded by Ms. Schey and unanimously carried, the Commission approved Resolution No. 3127 approving and authorizing the execution of an Amendment to the Addendum to the Master Agency Agreement with the Board of Public Works (Main /Lafayette Corridor Project— Supplement #8) (3) Resolution No. 3128 approving and authorizing the execution of an Amendment to the Addendum to the Master Agency Agreement with the Board of Public Works (Fellows Street Corridor Improvement Project — Supplement #5)