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V. RESOLUTION <br />- Continued <br />2e Th t'the employment by the Commission of Howard Bollinger as <br />Assistant Director commencing November 16, 1961, is approved. <br />That his salary for the first six months of employment be on <br />the basis of $8000 per annum and that his salary for the second <br />six months of employment be on the basis of $8500 per annum, <br />said employment to be conditioned upon satisfactory performance <br />of his duties. This resolution is given full retroactive <br />va idity to the date of employment of Howard Bellinger. <br />3. That the employment by the Commission of Gisella Nagy as book- <br />keeper commencing April 21, 1961, is approved. That her salary <br />be on the basis of $4,040 per annum. This resolution is given <br />full retroactive validity to the date of her employment. <br />On mot on made by Mr. Koczan, seconded by Mr. Williams, the above <br />resolu ions were unanimously adopted, <br />VI. PIROGRESS <br />On motion made by Mr. Williams, seconded by Mrs Koczan <br />and unanimously carried, the Commission approved the <br />investment of $850,000 of Sample Street Project Indiana <br />R -7 funds (private loan note proceeds) in 90 -day Treasury <br />Notes - The Agreement Form Concerning Investments was <br />also a The <br />by the Commissions <br />Mr. Su tier reported to the Commission that federal <br />approval and advance in the amount of $18,650 has <br />been a thorized by the Urban Renewal Administration <br />for tha LaSalle Park General Neighborhood Renewal <br />Projec e <br />INVESTMENT <br />IND. R -7 <br />FUNDS <br />LASALLE <br />PARK <br />APPROVAL <br />The Commission advised Mr. Sucher to get informal bids OFFICE <br />on painting the South Bend Redevelopment Commission PAINTING <br />offices at 129 W. Colfax Avenue. BIDS <br />Mr. Baer was advised by the Commission to write to PARCEL <br />Lt. James Kanouse of the Kanouse Coal Company, Parcel 1 -1 <br />1 -1, Sample Ste Area - Project Ind. R -7, requesting <br />that he accept a reduction of $500 from the previous <br />offer Df $4,264.45 for subject property, inasmuch as <br />the de olition contractor complained that certain steel <br />railings were removed prior to the property being turned <br />over t him for demolition. <br />me <br />