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IV. ROGRESS REPORT - Continued area cf 70' x 80' to the rear of the original area of 80' x 170' on which they bid inasmuch as this odd depth might pose a problem later. Since the Model Coverall Service feels they do not need the extra land, the Com- missi n referred the problem to the Land Disposition Commi tee with the understanding that action be taken as so n as possible. Upon motion made by Mr. Place, seconded by Mr. Koczan and unanimously carried, the Commission approved the leasi g of 80000square feet of land to the Studebaker Corpo ation for $100 a month on a 30 -day renewable lease basis. This land is to be used by Studebaker Corporation for parking purposes after being put into suits le condition at the Corporation expense. Mr. Baer suggested that a provision be made in the lease that the Stude aker Corp. carry a policy protecting the Redevelop- ment Commission against liability claims. Mr. Sucher reported that in compliance with the Com- mission's instructions, he received informal bids on painting the office from the following three sources: (1) 1. W. Lower - $1,007.00, (2) Trojans Painting & Decorating - $620.00, (3) Roy W. Jensen - $540.00. The Commission, on motion made by Mr. Koczan, seconded by Mr. Place and unanimously carried, recommended that the low bid of Mr. Roy W. Jensen be accepted providing the quality of paint to be used is O'Brien paint or comps able quality. On motion made by Mr. Place, seconded by Mr. Koczan and unanimously carried, an Indemnity Agreement with the Union Title Company regarding parcel 9 -2 was approved and the president was authorized to sign it. Mr. Beer reported on a meeting he had with Mr. Haddad, President, and Mr. Lynch, Field Supervisor of the Interstate Demolition Corporation, Mr. Spoonhour of URA, Mr. Sucher and Mr. Bellinger of the Redevelopment Depart- ment. CEO THE STUDEBAKER CORPORATION BIDS ON OFFICE PAINTING INDEMNITY AGREEMENT MEETING WITH INTERSTATE - DEMOLITION CORP.