REGULAR MEETING SEPTEMBER 1, 1987
<br />1. TOWER FEDERAL SAVINGS BANK $12,381.27
<br />2. 1ST SOURCE BANK $33,170.93
<br />3. FIRST INTERSTATE BANK $ 7,805.71
<br />4. ST. JOSEPH BANK & TRUST $17,604.55
<br />5. VALLEY AMERICAN BANK $12,190.39
<br />6. SUMMIT BANK OF SOUTH BEND $ 205.89
<br />Upon a motion made by Mr. Vance, seconded by Mr. Leszczynski and
<br />carried, the above Contracts were approved and executed.
<br />APPROVE CONSTRUCTION CONTRACT - INDIANA AVENUE/MASTIC CORPORATION
<br />PROJECT
<br />Mr. Leszczynski advised that in accordance with the bid awarded
<br />on July 28, 1987, to Rieth Riley Construction, 24355 State Road
<br />23, P.O. Box 1775, South Bend, Indiana, in the amount of
<br />$143,992.00 for the above referred to project, a Contract in said
<br />amount was being submitted for Board approval. Upon a motion
<br />made by Mr. Leszczynski, seconded by Mr. Vance and carried, the
<br />Contract was approved and the appropriate Insurance, Performance
<br />Bond and Labor and Materials Payment Bond as submitted were
<br />filed.
<br />APPROVE CONSTRUCTION CONTRACT - VIRIDIAN DRIVE PHASE III PROJECT
<br />Mr. Leszczynski advised that in accordance with the bid awarded
<br />on August 24, 1987, to Rieth Riley Construction Company, Inc.,
<br />P.O. Box 1775, South Bend, Indiana, in the amount of $107,215.84
<br />for the above referred to project, a Contract in said amount was
<br />being submitted for Board approval. Upon a motion made by Mr.
<br />Leszczynski, seconded by Mr. Vance and carried, the Contract was
<br />approved and the appropriate Insurance, Performance Bond and
<br />Labor and Materials Payment Bond as submitted were filed.
<br />APPROVE RELEASE OF EASEMENT
<br />Mr. Leszczynski advised that the City had obtained an easement
<br />for sewage and drainage for the parcel of land situated in a part
<br />of Area 1 as shown on the recorded replat of Belleville Unit "D",
<br />an addition to the City of South Bend, Indiana. The Easement was
<br />recorded on February 10, 1983.
<br />Mr. Leszczynski further advised that because the City no longer
<br />has any need for the Easement, the Release is being submitted to
<br />the Board today for approval. Upon a motion made by Mr.
<br />Leszczynski, seconded by Mr. Vance and carried, the Release of
<br />Easement was approved.
<br />APPROVE PURCHASE AGREEMENT - SALE OF CITY -OWNED PROPERTY AT BOWEN
<br />STREET
<br />Mr. Leszczynski advised that pursuant to the July 28, 1987 Board
<br />award and approval of the sale of the City -owned property at
<br />Bowen Street to Erskine Plaza Associates, 227 South Main Street,
<br />South Bend, Indiana, said offer to purchase submitted by Mr.
<br />Christopher Davey, Managing Partner and Robert Dunbar, Jr.,
<br />Development Director, the appropriate Purchase Agreement has been
<br />prepared by the City Attorney's office, has been executed by
<br />Erskine Plaza Associates and is being submitted to the Board for
<br />approval and execution.
<br />Upon a motion made by Mr. Leszczynski, seconded by Mr. Vance and
<br />carried, the Purchase Agreement as submitted was approved and
<br />executed.
<br />APPROVE POLICY ON PLACEMENT OF SIGNS
<br />Mr. Leszczynski advised that Mrs. Patricia E. DeClercq, Director,
<br />Department of Code Enforcement, has submitted to the Board a
<br />Memorandum reminding the Board that on March 17, 1987, they
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