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South Bend Redevelopment Commission <br /> Regular Meeting—January 24, 2012 <br /> 6. NEW BUSINESS (CONT.) <br /> B. South Bend Central Development Area <br /> (4) continued... <br /> Resolution No. 2998 above and included an <br /> Exhibit A of the Addendum. Funding for <br /> items on the list is the same $1.75 million <br /> dollar commitment by the South Bend <br /> Redevelopment Commission with the <br /> remainder of the work to be done with <br /> private financing. All of the work done with <br /> Commission funds will be bid out through <br /> the Board of Public Works as authorized by <br /> this agreement. Staff requests approval of <br /> Resolution No. 2999. <br /> Mr. Varner noted that at the Redevelopment <br /> Commission meeting on December 13, 2011, <br /> Mr. Berlin committed to making $2 million <br /> in improvements, but the list of <br /> improvements for that amount was never <br /> spelled out. He asked whether this list <br /> includes the improvements Mr. Berlin will <br /> pay for. Mr. Inks responded that it does. <br /> The Commission will do the items that can <br /> be done from TIF funds and within the <br /> $1.75M budget the Commission has <br /> committed. The remainder would then be the <br /> responsibility of the owner. <br /> Mr. Varner asked if there was a time frame. <br /> Mr. Relos responded that they will get as <br /> much done as possible by opening day, but <br /> that's a tight schedule. <br /> Upon a motion by Ms. King, seconded by COMMISSION APPROVED RESOLUTION No.2999 <br /> Mr. Alford and unanimously carried, the APPROVING AND AUTHORIZING THE EXECUTION <br /> Commission approved Resolution No. 2999 OF AN ADDENDUM TO THE MASTER AGENCY <br /> AGREEMENT(COVELESKI STADIUM <br /> approving and authorizing the execution of REHABILITATION-2012 IMPROVEMENTS). <br /> an Addendum to the Master Agency <br /> 15 <br />