No. 0279 authorizing/adopting an insurance, retirement plan for employees of the Department of Redevelopment, COSB

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6, NE d BUSINESS (Copt' d) design work by the architectural firm; construction should begin in 1971::.; Pair. Bellinger stated the staff ias moved asquickly as possible with the antici )ation of the Loan and Grant:Contract being. approv d, and said: "Ile-were confident this Program would be approved." The appraisal work is all completed and we should: -begin receiving_ concurrence in acquisition prices`by next „,week: At the last Special Commission Neeting of i ovember 14, a egotiator was selected for the Downtown Projec , 11r. Hubert I.N. Weaver & Associates. The first tage is to have money available to -purchase proper ies. Mir. He men asked if we can take some options be- fore tie first of the year? Hr. Bellinger stated th`at.x9 al: ::has been set:_and -he believes the staff card "aa e. options before-_the. close of the ,,year: P:resid n=t liggins requested 'a motion . for approval of Res” 1uti on. too. 278; authoei-zi ng the execution for the Loan and Capital : Grant °Contract.- On: motion by Mr. Wilhelm, seconded by Rev. Williams, Resolution No. 278 was unanimously = approved Mrs. Janet S. Allen, Common Council Member, raised the question pertai -ning to streets as- plans are being made, what consideration is given to the No. 2 Fire Station, .locate&on 11Q East Marion? Mr. Bellinger..apprised considera- tion has been given to the Fire Station, and the plan in the one - way -, street -system° .. should 'make that fire station more effective than it is now: c. Resolution No. 280: :This Resolution RESOLUTION NO. 280, author'zes the issuance-of-Project Loan Notes, for PROJECT LOAN NOTES, the Ce tral Downtown :.Urban Renewal °Project, R -66.` CENTRAL DOVINTO� N This i the mechanicsrestablished by above Resoiu- URBANEWAL PROJECT, R M tion N . 278, approved by Commission. On motion R -66: by Mr. Chenney, seconded by Mr. Helmen, Resolution 'rho. 28D was unanimously approved. d. Resolution No..:281.: This .-is a master reso- RESOLUTION NO. 281, lution authorizing the sale, issuance and2delivery MASTER RESOLUTION, of project notes and the.execution of ,requisition CENTRAL DOWNTOWN agreements, in the Central - Downtown Urban Renewal URBAN RENEWAL PROJECT, Project, R -66. This authorizes the Redevelopment - R -66 Commis ion to issue project notes from.time to time a needed for our working capital and to pay off p viously issuedproject: notes as they come due. �1r. Bellinger felt this master resolution will s ve time.