RM 01-05-61 (2) - Laserfiche WebLink

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The Commissioners reviewed the prepared Form H -649, "Request or Wage Determination ", for submission to the Housing and Home _._ 'Finance Agency. On motion made by Mr. Koczan, seconded by Mr. Place and unanimously carried, the Commission authorized the ignature of the President and approved the request. VI. �NVIESYRMENYS r. Helmen informed the Commission of the $500, 000 invested in S. Treasury Bills (90 -day Notes). Iollowing a discussion and report received from Mr. Sucher regard - Zg the reappropriation of bond funds by Common Council in 1961 and ze immediate need for encumbered funds for acquisitions and current xpenses, the Commission authorized the reinvestments in U. S. Treasury ills of $400, 000 from the Project Expenditures Account ($200, 000 in 0 -day Notes and $200, 000 in 60 -day Notes). memorandum to this effect will be issued by Mr. Sucher and sent Mr. Helmen and Mr. E. Davies, City Controller. VII. ]PIRG IRIESiSi IIE]POI .Y On adj 'he Mayor and a representative from the Urban Renewal Admini- Linden tration will meet shortly regarding the Linden Project Application. School report on the project costs and reuse values in Indiana urban Sample enewal projects was given. The Sample Street costs proved to Street e lower than those in Evansville and Gary. ',elocation Supervisor, E. J. Bielicki, reported to the Commis- Reloca- ion that 22 buildings are vacant and ready for demolition. The tion ,ommission discussed the necessity of boarding up the vacant uildings prior to demolition as a safety precaution, and employ - ng a maintenance man under Property Management. . tion duly made, seconded and unanimously carried, the meeting ned at 12: 00 p.m. A es G. s , President F ed *men, Secretary -3