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South Bend Redevelopment Commission <br />Regular Meeting-September 17, 2010 <br />6. NEW BUSINESS (CONT.) <br />E. Airport Economic Development Area <br />(9) Resolution No. 2765 related to acquisition <br />of property in the Airport Economic <br />Development Area. (1512 S. Scott St.) <br />Mr. Relos noted that the acquisition offering <br />price for 1512 S. Scott St is $14,750. <br />Upon a motion by Ms. King, seconded by <br />Mr. Downes and unanimously carried, the <br />Commission approved Resolution No. 2765 <br />related to acquisition of property in the <br />Airport Economic Development Area. (1512 <br />S. Scott St.) <br />(10) Resolution No. 2771 approving and <br />authorizing the execution of an Addendum <br />to the Master Agency Agreement (Olive <br />Road Extension Design Project -Brick to <br />Adams) <br />Mr. Relos noted that over the last 10 years <br />the Redevelopment Commission and the <br />Board of Works have been working together <br />to create anorth/south corridor in the <br />northwestern part of the city to acconnnodate <br />future industrial and commercial <br />development opportunities. To date, Olive <br />Road has been improved from a typical <br />county road cross-section from Nimtz <br />Parkway to Brick Road. The city is presently <br />working on right-of--way acquisition and <br />construction planning from Lincolnway to <br />Nimtz for a future roadway improvement. <br />The Olive Road section from Brick to Adams <br />would be a new segment that would extend <br />the circulation network to the north and <br />connect the western limits of Portage Prairie <br />to the existing Blackthorn West development <br />COMMISSION APPROVED RESOLUTION NO. 2765 <br />RELATED TO ACQLISITION OF PROPERTY IN THE <br />AIRPORT ECONOMIC DEVELOPMENT AREA. <br />(1512 S. SCOTT ST.) <br />17 <br />