No. 0028 awarding the demolition contract for the Sample Street Redevelopment Project Area, INDIANA R-7

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RESOLUTION NO. 28 'ION OF THE SOUTH BEND REDEVELOPMENT COMMISSION, GOVERNING BODY OF THE CITY OF SOUTH BEND, DEPARTMENT OF REDEVELOPMENT, AWARDING THE DEMOLITION CONTRACT FOR THE SAMPLE STREET REDEVELOP- MENT P)tOJECT AREA, INDIANA R -7. WHEREAS, after a careful analysis of all the bids, the Com- missioners were of the opinion that the bid of Interstate Demolition Corpor tion, a Delaware Corporation, should be accepted for the follow 'nq reasons: 1. More than two (2) bids were received, as required by HHFA Regulations. 2. The Interstate Demolition Corporation submitted the lowest bid. 3. EREAS, the Commissioners were advised that a detailed study had be n made of all of the demolition bids submitted, WHEREAS, after a careful analysis of all the bids, the Com- missioners were of the opinion that the bid of Interstate Demolition Corpor tion, a Delaware Corporation, should be accepted for the follow 'nq reasons: 1. More than two (2) bids were received, as required by HHFA Regulations. 2. The Interstate Demolition Corporation submitted the lowest bid. 3. The Company is financially sound. 4. The Company's schedule of work is such that they can start on the project immediately. 5. References checked out and show that Company's work has been satisfactory in other cities and that other parties with whom they have done business would re -hire the Company for further work. 6. Written approval to firm has been received from the HHFA. 7. There was no irregularity or informality in the bidding procedure or in the bid of the Interstate Demolition Corporation. 8. The bid price submitted is within the cost estimate concurred in by HHFA.