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( c ( Z) <br /> �: � Department of <br /> � '' z,' . % Community nit Investment <br /> x <br /> 786 • <br /> Memorandum <br /> October 16, 2014 <br /> TO: Redevelopment Commission <br /> 4 ;tt,. <br /> FROM: David Relos, Economic Resources <br /> SUBJECT: Resolution No. 3252 & Addendum to the Master Agency Agreement <br /> Hoffman Hotel <br /> This Resolution and Agency Agreement is for site and infrastructure improvements for <br /> the rehabilitation of the former Hoffman Hotel, in downtown South Bend. <br /> On September 25, 2014, the Commission approved a Development Agreement with the <br /> developer of this multi-unit artist housing project, consisting of $4,000,000 in private <br /> investment into the building. <br /> This Addendum will authorize the Board of Public Works to act as the Commission's <br /> agent, overseeing improvements to the site. <br /> Staff requests approval of Resolution No. 3252 and the Addendum to the Master <br /> Agency Agreement, in a not-to-exceed amount of $175,000. <br /> 227 W.JEFFERSON BLVD. SOUTH BEND, IN 46601 I P: 574-235-9371 I FAX: 574-235-9021 I SOUTHBENDIN.GOV <br />