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6. (EW BUSINESS (Cont'd) - 12 - to as Block 6. The appraisals are not public information; however, the results of the.appraisals are, and the square footage has been designated by the two appraisers- -one at $.90 a square foot and one at $.91 a square foot- - averaged out and multiplied by the square footage that is there, it is approximately $645,808.00, and since they are 15% within each other, we do not have to go back. Mr. Lennon said we anticipate quick approval by HUD on this. The specifications are written and we hope to have bids back here for the Commissioners on the sale of that land within 35 days. The reuse appraisal was caused by the rezoning and other implications that were in that redesign- including the 100 feet green strip right -of -way. Mr. Wiggins moved for the authorization to have the Executive Director execute Proclaimer Certificate No. 8, seconded by Mr. Chenney and unanimously carried. Mr. Karl King inquired about the offering date for bid and the advertising dates. Mr. Brownell said he antici- pates to have the offering date within 45 days, and the law says we must advertise for 14 days and allow proposals 21 days to come in. We, in house, are working for November 1 date for notification and it would be 35 days from that date. b. Additional Electrical Hook -Ups: Authorization was re- ADDITIONAL quested for additional electrical hook -ups, at an approxi- ELECTRICAL mate cost of $825.00, for the west side of Michigan and HOOK -UPS Washin ton Streets (across from the River Bend Plaza AUTHORIZED,, Office ?, Project Indiana R -66. R -66 Mr. Lennon advised this has to do with our responsibility to provide some type of electrical work for the units on the supergraphic area until the Associates complex is ac- cepted, and if that is the case, he recommends that we do incur the cost of approximately $825.00, to provide elec- trical hook -ups on the north end on Jefferson Street - Washington Street supergraphic block. The vendors will have individuals meters. On motion by Mr. Chenney, seconded by Mr. Wiggins and unanimously carried, the above additional two electrical hook -ups were authorized, at an approximate cost of $825.00, for installation. C. Model Cities Contract, E -6 Project: Authorization was MODEL CITIES requested for the revision and four -month extension of CONTRACT EXTEN- the contract with Model Cities for the completion of SION AUT,!HORIZED the E -6 Project, where they are paying all the costs E -6 of our personnel who are involved: John Davis, Chief - 12 -