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6. (i) Cont'd- j. Commission authorization for approval of Change Order No. 5 Contra .-t Phase II -A, IND R -66 with Ho%A;el7 Construction Co.: his is a C ange Order to reflect the increase in the quantity of "Class B Borr w" used as backfill in the retaining wall excavation. A higher quantity of unsuitable material was encountered in the excavation than was indicated by the borings. Motion for approval of Change Order No. 5 increasing the contract by $59,775 was made by Rev. Williams, seconded by Mr. Chenney and unanimously carried. k. Cormission authorization to advertise for bids for sale of IND R-56 Parcel 8 -3; authorization also requested for minimum acce t ble bid price for said parcel: Mr. Taylor explained that this p rcel includes the Peanut Shop south to the Avon, Theatre on Mic igan Street. We have a letter of interest regarding this parcel but we do not divulge the names of interested parties. We have three appraisals on this parcel (1) $11.20 per sq. ft., (2) $9,60 per sq..ft. and (3) $9.50 per sq. ft., for an average price of $10.10. You can set the price between $9.55 which is the average of the two lower figures and the high of $11.20. We recommend the $10,10 figure which is the average. On motion by Mr. Ch nney, seconded by Rev. Williams, authorization to advertise for bids was granted and minimum bid price was established at $56,65 (using the per square foot average prise). Motion carried unanim usly. 1. Rehabilitation Grants, E -5: Authorization was requested for five (5) rehabilitation grants, in the Model Cities East Code Enforcement Project E -5, for the following: PARCELINO. 32 -4 29 -6 33 -8 32 -3 30 -2 ADDRESS GRANT 1107 W. Thomas Street $2,383.00 120 South Laurell Street 3,122.00 911 West Thomas Street 3,453.00 1119 West Thomas Street 3,495.00 .1115 West Jefferson Blvd. 2,421.00 CHANGE ORDER NO. 5 TO CONTRACT PHASE II -A. R -66 REQUEST FOR AUTH. TO ADVERTISE FOR BIDS FOR PARCEL 8 -3, IND R -66 REHAB. GRANTS APPROVED, PARCEL NOS. 32 -43, 29 -6, 33 -8, 32-39, 30-2. E -5 On motion by.rr., Chenrey, seconded by Rev. Williams, approvallof the above grants was given. Motion carried unanimously. m. Re abilitation'Grants, E -3: Authorization was.requested for REHAB. GRANTS two 72,,' rehabilitation grants in the Northeast Code Enforcement Project APPROVED,, PARC E -3, for the following: NOS. 32 -29 and 4 -6, E -3 PARCEL NO. ADDRESS GRANT AMOUNT 32-29 816 Almond Court 3,500.00 4 -6 1118 N. Hill Street 3,446.00 In answer to a question, Mr. Taylor explained how bids are taken and bidder!. arrived at cn' rehab i 1 i tati'on work. Rev. W 1liams moved for approval of the above grants, seconded by Mr.. Ch nney and motion carried unanimously. ** Amended Commission Mtg. 6- 16 -62, -6- to .$2,660:00.