RM 01-16-76 (2) - Laserfiche WebLink

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5. 00 BUSINESS (Cont'd tractors do not go along with the request, or the one who would not go, along with the request, and rebid the one, or both, and simply rebid the contract for the one who rejects the request. The Chair added "If they do not acquiesce." On further questions raised by Ms. Derbeck on the postponement and the letter stating the date of February 29th, Mr. Butler responded, "Legally, the notice to the bidders and the instruc- tions to the bidders indicated the Commission would act within thirty (30) days after receipt of bids. Now that is what is being - intended; that was our commitment. Of course, it protects the contractor, the contractors.. If there were no deadline, the Commission could sit on it for seven or eight months. We have their bid bonds and they would be bound. So, and as a matter of fact, we would receive no bids, unless there were. Now they are acceding by their requests to a delay in that 30 -day commitment. As to the 29th date, well, their point is, they cannot evaluate the situation all the way up to June lst. What they want to do is evaluate it periodically -- probably on a' monthly basis. We'll see what happens. If they feel that they can hold their costs to the levels of their bids - -of course, we are delaying the starting date. They were originally going to start the first week in January. They know that we are talking ultimately about a June 1 date on the outside for a decision- -for a final decision to be made." a Report on Plaza Continuation, Project Indiana R -66: 2) The letter is from the first Bank & Trust Company of South RIVER Bend, over the signature of Mr. Benton M. Wakefield, Jr., BEND Chairman of the Board, directed to Mr. Hubert Getzinger, DEVELOP - Chairman, Downtown South Bend Council, dated January 14, MENT 1976, with copies to the Redevelopment Commissioners and GROUP Mr. Brownell. PROPOSAL, R -66 Mr. Brownell said that this letter was read in the meeting that was held at the Chamber of Commerce, at which time the Press received a copy, as an article appeared on it in The South Bend Tribune. Mr. Wiggins made the motion that the letter be received and placed on file, seconded by Mr. Cira and unanimously carried. Commission action must be substantiated on Federal Projects for audit approval -- Indiana Project R -66. Excerpts of the three -page letter are noted for the record: ... I think it might be o6 intetcest to the membetus o� the Downtown South Bend Cou cit to ,Leview the .6tatus o4 the ptcopoza2 by the PiveA Bend Devetopment Gtcoup (a joint ventute between. FZut Bank and Devetopment ContAot Cot- potation) /Jots the Downtown MaU enctosed shopping eewteh and bankloi4ice buitding. - 10 -