RM 08-17-73 - Laserfiche WebLink

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6. NEW BUSINESS (Cont'd d. Change Order No. 2 to'Phase III, Water Force Account: This work is with the City Bureau of Water Supply, for an in- crease in account of $8,800.00, R -66 Project, to relocate the 20-inch water main to allow construction of Pool Pit "D ", in amount of $5,800.00, and to relocate and replace a 20 -inch valve at Station 24 +33, in amount of $3,000.00, located in front of Kresge's. Mr. Lennon requested Commission approval to authorize the South Bend Water Works to order these parts and if a portion of this work is changed, we can cancel some of the parts and not delay Water Works in the completion of this work. The time involved to order these parts at a later date would de- lay the project. When we turned in the Water Force Account in January, the final plans were not submitted to our consult- ing engineers and could not be included in our original Water Force Account for Phase III. The to al increase to our Water Force Account would be in the amount of $8,800.00 and would allow for changes in the above work a later determined. On motion by Mr. Wiggins, seconded by Mr. Chenney and unani- mously carried, Change Order No. 2 to Phase III, Water Force Account, was approved for an increase in account of $8,800.00. e. Resolution No. 461: This Resolution of the South Bend Redevelopment Commission provides for the acceptance of the lowest bid or bids in excess of the project temporary loan intere t rate on the 5th day of September, 1973 and the ac- ceptan a of a waiver by the U.S. Government with respect to the Ne'ghborhood Development Project Indiana A -10, Third Series, 1973. Mr. Le non advised the interest rate has increased and our bid and award is based on prior interest rate. The Government will give a ditional money based on the interest rate, but we must have a fully executed waiver by the Government for the Commis- sion t ) accept.the additional funds. The acceptance of the bids w-11 be on September 5, 1973, at 1:00 P.M., in this office, for Project Indiana A -10 funding. The contract rate is 5 -1/4%. If the private market will go above the 5 -1/4%, HUD will give us additional grant to cover the difference. We will not know the interest rate until we receive the bids. On mot on by Mr. Wiggins, seconded by Mr. Chenney and unani- mously carried, Resolution No. 461 was adopted. f. execut, of 1 any of ti- t' Jessie CHANGE ORDER NO. 2 TO PHASE III, WATER FORCE ACCOUNT, R -66 RESOLUTION NO. 461 ADOPTED, A -10 Resolution No. 462: This Resolution authorizes the RESOLUTION NO. 462 on of the Redevelopment Agreement for the disposition ADOPTED, R -57 and the execution of Quit Claim Deed for the transfer e thereto in connection with Parcel No. 28 -18, with and Corine Griffin, in amount of $150.00, R -57 Project. -7 -