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6. NEW BUSINESS (Cont'd <br />This contract is with Howell Construction Company. Mr. <br />Lennon advised since we asked Howell Construction Company <br />to hold up on the work until we made a determination on <br />whether we go through on Service Alley #2 or L -shape on <br />Main Street, and they were held up for 40 days by us, <br />we sho ld authorize the additional 16 days requested, <br />fora otal of 56 days. <br />On mot on by Rev. Williams, seconded by Mr. Wade and unani- <br />mously carried, Change Order No. 6 to contract Phase II -C <br />with Howell Construction Company, Inc., was authorized for <br />an extension of time only, by 56 calendar days. <br />c. Change Order No. 7 to Phase III: Approval was re- CHANGE ORDER NO. 7 <br />quested of this Change Order, for an increase in contract TO PHASE III, R -66, <br />amount of $2,165.45, with The Hickey Construction Co., Inc., APPROVED <br />R -66. In order to open the west sidewalk from Monroe to <br />Western, a pedestrian traffic control signal system will be <br />necessary. Hickey Construction Company has received the <br />follow ng proposal from Morse Electric Company to put in <br />a temporary pole and signal system until the permanent <br />system can be installed. It is the recommendation of our <br />engineer and traffic engineer that someone may be injured <br />unless we get some pedestrian traffic signals installed: <br />Two poles $ 400.00 <br />Two down guys 160.00 <br />Catenary (285 feet) 228.00 <br />300 ft. of electrical 5 conductor <br />traffic signal cable 105.00 <br />Three 12" traffic signals mounted <br />on catenary 240.00 <br />One controller 200.00 <br />Two walk -wait signals 200.00 <br />Labor 350.00 <br />Morse Electric Co. 1,883.00 <br />Hickey Construction Co. 282.45 <br />Total of C.O. #7 2,165.45 <br />These traffic signals are temporary, but could be used <br />elsewhere as we proceed with construction. <br />On mot on by Mr. Wiggins, seconded by Mr. Wade and unani- <br />mously carried, Change Order No. 7 to Phase III, was <br />author zed for an increase in contract amount of $2,165.45, <br />with T e Hickey Construction Company. <br />d. Option Agreement: Approval was requested for this OPTION AGREEMENT <br />Option Agreement for Parcel No. 21 -13, at 321 South Michigan APPROVED, PARCEL NO. <br />Street for acquisition sum of $73,185.00, R -66 Project. 21 -13, R -66 <br />Mr. Le non advised this has been negotiated for settlement <br />and if Redevelopment Commission agrees, we do not need to <br />go through court. We will now own the three parcels of land <br />which will be available for development. <br />-9- <br />