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.► _ ✓ .� ''s .P,t MMr'--ecriry '11“7 "%,--j4 ,We- as. <br /> 4110 <br /> 410. =antes i •• ,y 0 <br /> L.R.A. CONTINUED 1• The original agreement was for a percent- <br /> age of the oo.strustios opts; an adjuatmeat . • <br /> ryas r4s .eking the oust a flat tee. • <br /> 2. As am ad sat to standard form of agree- <br /> ment between owner and architect was made <br /> showing that the total amount of fees for the <br /> project would not exceed 230,000. <br /> Mr. Anderson stated that the Council would <br /> need to authorise the Mayor to sign the agree- <br /> ment on the changes of the fees not to ex- <br /> ceed $30,000. <br /> Councilman DiCarlo moved that the matter be <br /> tabled for review until the next meeting. <br /> Mr, purl asked if the clause stating that the <br /> architects can get no more then $1,200 fee, <br /> if the project does not go through was still <br /> in effect. <br /> Mr. Anderson stated that it was not. The plans <br /> have already been drawn and it is In the agree- <br /> • went that if the project does not go any further <br /> then there are no further fees to be paid to <br /> the architect. <br /> Mr. furl asked what happens if the loan is <br /> turned down. <br /> Mr. Anderson stated that out the cost for <br /> the initial plans at this time, will be <br /> reimbursed back into construction costs. <br /> The way it is set up with the contractors is <br /> that there would be no charges. <br /> City Attorney Joss stated that there should be <br /> some type of clarification on the phrase "not <br /> to exceed $30,000", as it reads now the City <br /> is open to be paying up to $30,000 even if the <br /> project does not go through. <br /> After discussion, Councilman Caranci seconded <br /> Councilman DiCarlo's motion to table any action <br /> on the agreement for study until the jliattad <br /> meeting. Question called for. All were•tn <br /> favor. Motion carried. <br /> Mr. Anderson briefly reviewed the budget for <br /> the project; which totaled about $686,000. <br /> U. noted that HUD would. be subsidizing the <br /> monthly rent costs. <br /> Re also briefly reviewed the basic structure. <br /> There was no further discussion. <br />