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6 z 6) <br /> �S..UT$6� <br /> •�. ,/; A Department of <br /> \� 1. <br /> \`'..,-V;0' ''''' 'Y Community Investment <br /> Memorandum <br /> September 11, 2014 <br /> TO: Redevelopment Commission <br /> • <br /> FROM: David Relos, Economic Resources <br /> SUBJECT: Resolution No. 3230 & Addendum to the Master Agency Agreement <br /> Norres North America Equipment Purchase <br /> This Resolution and Agency Agreement is to have the Board of Public Works review bid <br /> specifications and to advertise, bid, and award equipment purchases for Norres North <br /> America Inc. <br /> At its meeting on August 14, the Commission approved an Economic Development <br /> Agreement and Equipment Lease with Norres, who agreed within the next 4 years to <br /> invest a minimum of $1,866,000 in new capital projects within the City and create 25 <br /> new jobs. <br /> The Commission, for its part, agreed to purchase and lease equipment in an amount up <br /> to $200,000. <br /> Staff requests approval of Resolution No. 3230 and the Addendum to the Master <br /> Agency Agreement, to have the Board of Public Works be its agent for acquisition of <br /> this equipment. <br /> 227 W.JEFFERSON BLVD. SOUTH BEND, IN 46601 I P: 574-235-9371 I FAX: 574-235-9021 I SOUTHBENDIN.GOV <br />