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HomeMy WebLinkAbout5B (2)SB( Z) • r a n • Community & Economic Development 1200 County -City Building, 227 West Jefferson, South Bend, Indiana 46601 -1830 Phone 574/235 -9371 Fax 574/235 -9021 To: Redevelopment Commission, Board of Public Works From: Bill Schalliol ��� Subject: Resolution 2954 and Amendment to the Addendum To Master Agency Agreement Main - Lafayette Corridor Project, Supplement #4 Date: November 3, 2011 Attached to this memorandum is Resolution 2954 and Amendment to the Addendum To Master Agency Agreement for the Main - Lafayette Corridor Project, Supplement #4. The purpose of this supplement is to add funding to cover the right -of -way acquisition needed for the Main - Lafayette Connector project. There are three total acquisitions (two residential and one commercial), several partial, permanent and temporary acquisitions associated with this project. The budget estimate for all of the acquisitions is $1,225,000 but staff is requesting approval of a budget amount of only $1,000,000 and will use this as a base budget. When the budget needs to be amended based on the acquisition process, staff will present an update and a supplemental budget request. Staff requests approval of Resolution 2954 and the Addendum To Master Agency Agreement for the Main - Lafayette Corridor Project, Supplement #4. What We Do Today Makes A Difference!