Laserfiche WebLink
1 <br />FOURTH AMENDMENT TO <br />REDEVELOPMENT SUPERVISORY SERVICES AGREEMENT <br />This Fourth Amendment to Redevelopment Supervisory Services Agreement (this “Fourth <br />Amendment”) is made effective as of January 1, 2026 (the “Effective Date”), by and between the <br />South Bend Redevelopment Commission, the governing body of the City of South Bend <br />Department of Redevelopment (the “Commission”), and the City of South Bend, Indiana, an <br />Indiana municipal corporation, acting by and through the City of South Bend, Indiana Board of <br />Public Works (the “Provider”). <br />RECITALS <br />A.The Commission and the Provider entered into a Redevelopment Supervisory <br />Services Agreement dated January 12, 2017, as amended by the First Amendment to <br />Redevelopment Supervisory Services Agreement dated March 13, 2018, the Second Amendment <br />to Redevelopment Supervisory Services Agreement dated effective January 1, 2020, and the Third <br />Amendment to the Redevelopment Supervisory Services Agreement dated effective January 1, <br />2023 (together, the “Services Agreement”), for the provision of supervisory services to the <br />Commission in relation to the Commission’s Projects (as defined in the Services Agreement). <br />B.The Commission and the Provider wish to amend the Services Agreement as set <br />forth in this Fourth Amendment. <br />NOW, THEREFORE, in consideration of the mutual promises and obligations in this <br />Fourth Amendment and the Services Agreement, the adequacy of which consideration is hereby <br />acknowledged, the Parties agree as follows: <br />1.Section 4(A) of the Services Agreement is deleted and replaced with the following: <br />“A. Fees for Services. The Provider will render the Requested Services to the <br />Commission through the work of the Provider’s employees holding the position titles <br />“Executive Director of Community Investment,” “Director of Growth & Opportunity,” <br />“Assistant Director of Growth & Opportunity,” and “Property Development Manager.” As <br />compensation for the Requested Services, the Commission agrees to pay the Provider a flat <br />fee for each respective calendar year in an amount not to exceed the total amount stated in <br />the table below (the “Annual Fee”). <br />Period Position Annual Fee <br />January 1 to December <br />31, 2026 <br />Exec. Dir. of Community Investment $ 44,078.00 <br />Director of Growth & Opportunity $ 47,594.00 <br />Asst. Director of Growth & Opportunity $ 52,140.00 <br />Property Development Manager $ 59,351.00 <br />Total for 2026 $ 203,163.00 <br />January 1 to December <br />31, 2027 <br />Exec. Dir. of Community Investment $ 45,400.44 <br />Director of Growth & Opportunity $ 49,021.82