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South Bend Redevelopment Commission <br /> Regular Meeting—May 15,2014 <br /> 6. NEW BUSINESS (CONT.) <br /> D. South Side Development Area <br /> (1) continued... <br /> Mr. Relos noted that Resolution No. 3214 approves an Agency Agreement Amendment <br /> setting the budget for right of way acquisition and construction for the Bowen Ave. and <br /> Ireland&Miami Sidewalk Projects,the High&Ireland Intersection Improvements, and <br /> reworking of the berm around the Erskine Retention Basin on the north side of Erskine <br /> Plaza. These budgets are based on construction estimates plus contingencies from <br /> Christopher Burke Engineering($800,000)and DLZ for right of way acquisition <br /> ($175,000). Staff requests approval of Resolution No. 3214 and a not-to-exceed budget of <br /> $975,000. <br /> Ms. Jones asked the timeline for the sidewalks. Mr. Relos responded that the timeline is <br /> affected by how long it takes to secure the right-of-way from McDonalds and KeyBank. He <br /> believes we have now found the correct person in each case to move this along. We hope <br /> that can be done yet this year. <br /> Upon a motion by Mr. Downes, seconded by Mr. Inks and unanimously carried,the <br /> Commission approved Resolution No. 3214 approving and authorizing the execution of an <br /> amendment to the Addendum to the Master Agency Agreement with the Board of Public <br /> Works(Southside Improvements Project) <br /> E. Northeast Neighborhood Development Area <br /> (1) Resolution No.3215 approving and authorizing the execution of an Addendum to the <br /> Master Agency Agreement(Five Points Utility Relocation Project) <br /> Ms. Maradik noted that Resolution No. 3215 approves an amendment to the Master Agency <br /> Agreement with the Board of Public Works for the Five Points utility relocation. Last year <br /> in conjunction with INDOT's realignment project for S.R. 23,the city conducted a study to <br /> determine which utilities are currently in place and those that might need to be relocated in <br /> order to maximize development potential near the new intersection of Eddy and Corby. This <br /> study also included a cost estimate to relocate city utilities. The project budget is requested <br /> to be set at: <br /> Final Engineering Estimate $116,710 <br /> Construction Estimate 526,572 <br /> Total Project Budget $643,282 <br /> Staff requests approval of Resolution No. 3215. <br /> Mr.Varner asked what portion of the project budget is for"maximizing development <br /> potential"of the site. He noted that those costs are usually borne by the developer. Ms. <br /> Maradik responded that when Eddy St. is vacated, it will be in the middle of a parcel. So <br /> 7 <br />