11/12/85 Board of Public Works Minutes

Home Browse Search

REGULAR MEETING NOVEMBER 12, 1985 proofs of publication of Notice in the South Bend Tribune and the Tri-County News which were found to be sufficient. The following proposal was opened and publicly read: NATIONAL BOND & TRUST COMPANY P.O. BOX 846 Crown Point, Indiana The Letter Proposal was submitted by Mr. Richard J. LaMere, President and indicated the following: National Bond & Trust proposes, at no cost to the City of South Bend, the following services regarding the U.S. Savings Bond Program: - Handle the solicitation and signing of employees desirous of participating in the U.S. Savings Bond Program. - Purchase, issue and mail all bonds each month directly to employees who are buying bonds through payroll deduction. - Effect all service work needs such as changes of address, beneficiary or deduction amount for bond purchases. - Respond to inquiries about lost, stolen or destroyed bonds. - Maintain accurate records of all bond related transactions. - Upon request, furnish employer a computer generated bond register issued monthly which reflects individual account status of employee participants. Additionally, to offset the initial cost of putting a new signee on the bond program by the City payroll staff, National Bond & Trust Company will pay a one-time fifty cent ($.50) new sign up fee on each new person enrolling in the program. In response to a question regarding why this company would offer to handle this service at no charge, Mr. Vance explained that National Bond & Trust Company will be able to offer and sell to interested individuals a supplemental liability insurance concerning the bonds. There being no further discussions regarding this matter, upon a motion made by Ms. Barnard, seconded by Mr. Vance and carried, the proposal as submitted was accepted and approved. AWARD BID - FIRE RESTORATION OF FIREHOUSE THEATRE (CORNER OF PORTAGE, LINDSEY AND LELAND STREETS) Mr. Leszczynski advised that Mr. Neil Shanahan, Manager, Bureau of Public Construction, and Mr. Gary Gabrich, Project Architect, Korbuly/Graf, Inc., Architects, have reviewed the bids received on November 5, 1985, for the above referred to project, and recommend that the Board accept the bid of L.L. Geans & Sons, Inc., 1721 North Home Street, Mishawaka, Indiana, in the amount of $99,263.00, which includes the base bid of $93,888.00 plus the addition of alternates #3 ($1,800.00), #4 ($3,000.00) and #5 ($575.00). Mr. Gabrich advised that Alternates #3 and #4 have been strongly recommended by the City's Historic Preservation Commission and alternate #5 for the energy savings resulting by the addition of the storm windows. In response to a question regarding the funding for this project, Mr. Vance advised that funding is available and will be appropriated through the self-insurance program as the City makes year end transfers.