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South Bend Redevelopment Commission <br />Regular Meeting —April 24, 2012 <br />6. NEW BUSINESS (CONT.) <br />C. Airport Economic Development Area <br />(10) continued... <br />Mr. Downes made a motion to approve <br />Resolution No. 3026. Mr. Alford seconded <br />the motion. The motion passed on a vote of <br />four to one with Mr. Davis opposed. <br />D. West Washington - Chapin Development Area <br />There was no business in the West Washington - <br />Chapin Development Area. <br />E. South Side Development Area <br />(1) Resolution No. 3023 approving and <br />authorizing the execution of an <br />Amendment to the Addendum to the <br />Master Agency Agreement (Main - <br />Lafayette Connector Design Project — <br />Supplement 05). <br />Mr. Relos noted that the purpose of this <br />supplement is to add funding to cover the <br />construction cost for the Main - Lafayette <br />connector. After nearly nine years of <br />planning and design, the project will go out <br />to bid with a bid opening date of May 22, <br />2012. The engineer's estimate is $4.5 <br />million (not $4.3 as the resolution states) for <br />the entire project but several alternate bid <br />items have been created to help give <br />flexibility when reviewing the bids and <br />making an award. This project will require <br />all available South Side TIF funds from <br />budget year 2012 to pay for the project, but <br />this is an important tool for that area and will <br />open up a lot of development areas after the <br />road is redesigned. <br />24 <br />COMMISSION APPROVED RESOLUTION NO. 3026 <br />APPROVING AND AUTHORIZING THE EXECUTION <br />OF AN AMENDMENT TO THE ADDENDUM TO THE <br />MASTER AGENCY AGREEMENT (OLIVE ROAD <br />RIGHT -OF -WAY ACQUISITION - SUPPLEMENT <br />#3). <br />THERE WAS NO BUSINESS IN THE WEST <br />WASH INGTON-CHAPIN DEVELOPMENT AREA. <br />