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7. PROGRESS REPORTS (Cont'd apparently there are some elements of construction costs that were greatly increased because of inflation, and, in fact, there are some they were not aware of and did not know about. Particularly, one they learned about was the steel company apparently took a beating on the structural steel used for the canopies on the previous contract, and the company has increased their price accordingly y. Also, the costs of the demolition are much higher. These are a couple of the items involving the higher costs and Mr. Oesterling advised that he will have a report on the complete evaluation in a week. Mr. Allen E. Schrager asked the question, "In light of the bids being substantially higher than anticipated, will there be enough funds, do you know, at this time to go ahead with that project ?" President Nimtz replied that is the same question he had asked Mr. Brownell three days ago. The answer from Mr. Brownell was, "Well, you tell me how much the project is going to cost and I will answer your quest ion.' = In answer, Mr. Schrager stated, "You saw the bids that were tabulated. My question is though, do we have enough funds to proceed with the project? Mr. Brownell said that he saw the bids, yes, but that we need to evaluate them and determine what we will do. Regarding the question on the funds "We always have enough funds." Mr. Kevin J. Butler, Commission Legal Counsel, advised that the engineer and architect will be working that out with Mr. Brownell and the Commission as to what part of the project can be done, with the money that has been made available for it. Mr. Schrager further added that the reason he asked the question is that previous discussions were in terms of approximately $450,000 and the article in The South Bend Tribune had stated the bids were closer to $800,000 and "I am wondering if this will mean that the project will have to be abandoned, or whether they will have to redesign it, or what can be done ?" President Nimtz advised they cannot answer that question today until the report is received from the architect and engineers. The Chair asked Commissioner Chenney to respond, who stated that they are going to have to do a lot of cutting some place, because right now, it is $142,000 plus over the estimate. Relative to the questions, President Nimtz requested that we not make any conjecture, at this time, until we get the report from the architect and engineers. It is all academic at this time. 8. COMMENTS AND /OR QUESTIONS FROM PUBLIC T e Chair opened this session to the public. COMMENTS ME. Derbeck, South Bend Tribune Reporter, asked: "Going back to the AND /OR QUESTIONS r use appraisals, I am wondering what the reason is for having it ap-