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up <br />PROGRESS REPORT (Continued) <br />Upon notion made by Mr. Place, seconded by Mr. Koczan OFFICE <br />and u animously carried, the Commission decided to RENTAL <br />conti ue to rent the present office location at the <br />- <br />curre t rate for the following year, and if necessary <br />to en er into a lease thereon. <br />Mr. S cher reported that he received a check for the <br />$425, 00 Temporary Federal Loan on the - Sample Street <br />Proje t Ind. R -7. On motion made by Mr. Koczan, <br />secon ed by Mr. Place and unanimously carried, it was <br />decided to invest the $195,000 in the Redevelopment <br />Distr'ct Capital Fund for 90 days in order to earn <br />addit'onal income. (Approximately $190,000 had been <br />lent by the Redevelopment District Capital Fund to the <br />Proje t Expenditures Account Fund, which has now been <br />retur ed.) <br />Meeti #g adjourned 11;30 a.m. <br />TEMPORARY <br />FEDERAL <br />LOAN <br />