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5. TOLD BUSINESS (Cont'd was valid as accepted by the Commission - we might be put in the position of having to rebid this phase of the Mall work. Mr. Akin statel that it would seem we are too far along for that.. Mr. Butler statel that he agreed, we are too far along. If we were to re- bid, it would be at current prices. Mr. Wiggins suggested we might renegotiate what we have because they have already done some of tho work. Mr. Akin then said that the allowances made for the perio following June 25 are not anywhere near what the actual costs will �e. Mr. B tier indicated we are planning on a day by day basis after June 25, with a maximum of nine weeks over. Mr.. Oesterling told us he feels it cannot run more than three to four weeks over.... and f els they have a good chance of being done by June 25. Mr. Akin aid he also feels they will finish by June 25. Mr. Htlmen asked if it was the consensus of the Board and the Director that his contract work will be done by June 25. Mr. L nnon said that because of pressure by our staff and Dan, they are c operating and are trying to finish - their progress schedule indic tes the work will be complete by June 25. Mr. B tler indicated he had no alternative after going over with Tom and Ken (figur sand working them out himself, but to conclude this is a fair approach. Th only concern we have at all is that they delay unnecessarily. They iave guaranteed us they will not delay. Mr. H lmen asked, "We have no choice in the matter do we ?" and Mr. Butle answered: "As a practical matter, no, we are just changing the langu ge ". 6. NEW BUSINESS Resolution No. 480: This Resolution authorizes the execution RESOLUTION of Redevelopment Agreement for the disposition of land and the exe- NO.480 ADOPTED cution of Quit -Claim Deed for transfer of title to Peter Harvey, Ind. R -57 Project R -57, LaSalle Park, Parcels #7 -2, 3 and 4, selling price of $555. Resolution No. 481: This Resolution authorizes the execution RESOLUTION NO. of the Redevelopment Agreement for the disposition of land and exe- 481 ADOPTED cutiop of Quit -Claim Deed for transfer of title, parcel #7 -5 and 7 -6, R -57 LaSalle Park Project R -57, to H. Williams, A. Brooks and H. Jones, at a sel ing price of $411.00.; and authorizing like documents for dis- posit on of land and transfer of title, parcel #15 -1, LaSalle Park Proje t R -57, to New Salem Missionary Baptist Church, for $749.00. On mo- Resole :ion by Mr. Wiggins, seconded by Mr. Chenney, and carried, itions 480 and 481 were adopted. -7-