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3. e Hanson Engineering Company contract for purchase is HANSON erally approved with details to be worked out for an CONTRACT ly closing. APPROVED, R -7. 4. A4other contact will be made with Indiana Bell. Mr. Chong suggested that the Chicago URA office be contacted with POSSIBLE respect to a reappraisal of all lands remaining to be sold in REAPPRAISAL Project R-7. This step was recommended by the SIR group and met OF R -7. with the approval of the Commission. Mrs. Curt s inquired about the delay in disposing lands in the project. Mr. Wiggins replied that more projessional help might be needed in selling the land and that, with new improvements completed the community would find it easier to dispose of the remaining land. It was also reported that, with the reappraisal to reflect prices varying with the locations, disposition can be speeded up. Mr. Wiggins emphasized that the primary purpose of the Smiple Street Project development is a conversion of the ,land into valuable assets to the community. _6. NEW B After a d scussion of the R -29 Project Expenditure Account Fund, it was mo ed,by Mr. Kompar, seconded by Mr. Koezan, and passed by the Commission to invest $70,000 in U. S. Treasury Bills with maturity in 60 days. On the mo ion of Mr. Kompar, seconded by Mr. Koczan, the Commissio approved the engagement of B. Gene Skeldon as the secretary of the Redevelopment Department. 7. PROGRESS REPORTS Sam 1c Street Project, R -7. Change Orders 5, 6, and 7 involving improvement to Kerr and Catalpa Streets and construc- tion of tree left turn lanes have been approved by the Chicago URA office and Contractor, Rieth- Riley, has already been info ed to proceed with the improvement as soon as possible. ChapiL Street Project, R -29. The demolition and site clear- ance contract with Rieth -Riley expires August 3, 1965. Two properties, the Falcon Club and the Rosenbaum complex might not be acquired and vacated in time for inclusion in the existing contract. LaSalle Park Project, R -57. Contract services are proceeding favorably. After a field inspection trip on the site and a discussion in Chicago, it appears that approximately 25% of the improved parcels in the project will be recommended for acquisi- tion. The next step is to prepare more detailed studies of buildings proposed for rehabilitation, studies to involve FHA -4- DISCUSSION OF BEST POSSIBILITIES FOR SALE OF LAND. PURCHASE $70,000 IN US TREASURY BILLS, R -29. NEW SECRETARY FOR REDEVEL- OPMENT DEPT.