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6. <br />BUSINESS (Cont'd) <br />The low bid was awarded to:, The National Bank and <br />Trust Company of South Bend, at an interest rate of <br />4.19 %, with a premium of $50.00. The Project Loan <br />Notes e r currently being signed by the Mayor and <br />City the Ci Clerk. This Resolution gives the authori- <br />zation to The National Bank and Trust Company of <br />South Bend to sign. <br />On motion by Mr. Helmen, seconded by Mr.. Chenney, <br />Resolu ion No. 311 was adopted and approved unani- <br />mously <br />b. Site Improvements, in Industrial Expansion <br />Urban Renewal Project, R -56: The bid opening date <br />for the demolition of streets and alleys,.and the <br />instal ation of sanitary sewers, in the Industrial' <br />Expans on Project, R- 56,.was Monday, August 17, 1970, <br />at 11: 0 A.M., E.D.T., in the Office of the Depart- <br />ment o Redevelopment. It was advertised in The <br />South end Tribune on August 6 and 13th, and in the <br />Tri -Co my News, August 7. Copies of the contract <br />docume is were handled by Chas. W. Cole & Son, Inc. <br />The bi s received were: <br />Bi der Contract A Contract B <br />1) H. DeWulf Mechanical <br />Co tractor, Inc. <br />58 (00 Executive Drive <br />Mishawaka, Ind. 46544 <br />No bid recd.$ 9,665.00 <br />2) Ri th -Riley Construction $14,237.00 14,620.00 <br />Con pany, Inc. <br />P.(. Box 775 <br />So th Bend, Ind. 46624 <br />Contra t A covers street, alley and tree removal; <br />wherea Contract B is for the laying of vitrified clay <br />sewer lines. <br />The bi for Contract B by H. DeWulf Mechanical Con- <br />tracto , Inc. is an irregular bid in that no bid was <br />includ d for Item No. 4, but was :based on a voluntary <br />altern to for this item. <br />Chas. W. Cole's recommendation was that Contract A. <br />be awarded to Rieth -Riley for the street, alley and <br />tree r moval, at their bid price of $14,237.00. They <br />further recommended the bid of H. DeWulf Mechanical <br />Contra tor, INc. for Contract B, in the amount of <br />$9,665.00, including the voluntary alternate, be ac- <br />cepted. The engineers approved the alternate and <br />sugges ed waiving the irregularity. <br />-7- <br />SITE IMPROVEMENTS, <br />BID AWARD, INDUSTRIAL <br />EXPANSION URBAN RENEWAL <br />PROJECT, R -56 <br />s <br />