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6. NEW BUSINESS (Cont'd) Mr. Slabaugh advised their structural engineer has taken an they look at it and wants to beef it up to support the wall. A reinforced concrete joint beam tied into the columns of the building will be 1/3' width to 2/3' width. The structural engineer said it will cost this amount of money. This will be under the Mall- -under Jefferson St eet in prominent area. On motion by Mr. Wiggins, seconded by Mr. Wade and unani- mously carried, Change Order No. 2 to Vault Contract No. 1, was approved, for an increase in contract price of $1,979.00, with Christman Construction Co., Inc. e. Change Order No. 4 to Contracts A, B, C and D: CHANGE ORDER NO. 4 This Change Order is with Rieth -Riley Construction Co., TO CONTRACTS A, B, C Inc., for improvements to be made on Sorin Street, Project & D, E -3 APPROVED Indiana E -3, for an increase in contract price of $35,903.54. Mr. Lennon advised this amount, along with $17,590, will be paiJ by the City Department of Engineering. We have met with the Project Area Committee and residents on Sorin Street. Thi3 will put Sorin Street back in the E -3 Project. This is a City job but it does come under our jurisdiction. We have met with Mr. Richardson and with the PAC Committee and resi- den s. We will be charging the City for this and this will be grant -in -aid. On inotion by Mr. Wade, seconded by Mr. Wiggins and unani- mously carried, Change Order No. 4 to Contracts A, B, C and D, with Rieth -Riley Construction Co., Inc., for an in- crease in contract price of $35,903.54, was approved. f. Reuse Appraisal Contracts, Merry Avenue Project: REUSE APPRAISAL Com ission aut orization was requested to enter into Reuse CONTRACTS APPROVED, Appraisal Contracts with Forrest Eckert and John G. Pence MERRY AVENUE PROJECT Associates, Inc., for the Merry Avenue Project, in amount not to exceed $450.00, subject to Legal Counsel approval. Mr. Lennon advised this is required by HUD and is a part of the Model Cities Project, the Merry Avenue area. On motion by Mr. Wiggins, seconded by Mr. Wade and unani- mously carried, the above Reuse Appraisal Contracts were app oved and the President and Secretary authorized to exe ute. men - 7 - g. Residential Lease Agreement: Authorization was re- RESIDENTIAL LEASE que ted to enter into Residential Lease Agreement with AGREEMENT APPROVED Asc ncion Torres, for Parcel No. 7 -18, in the LaSalle Park WITH: ASCUNCION Urban Renewal Project, R -57, on a month -to -month basis at TORRES, PARCEL 7 -18, a m nthly rental of $49.75. This is a normal lease agree- R -57 men - 7 -