RM 07-22-65 - Laserfiche WebLink

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4. a.- URA letter dated July 16, 1965, accepted our Feasibility URA APPROVAL Report on he Downtown Project R -39. FEASIBILITY FOR DOWNTOWN R -39. b. U has set a Pre - Application visit of our proposed URA PRE- APPLI- Downtown P oject for 9:30 a. m., Thursday, August 5, 1965. CATION VISIT R- 39,.8 -5 -65. C. In connection with the Sample Street R-7 Project, we URA APPROVAL have received approval from URA to have reuse values of the TO UPDATE remaining and updated as long as we do not change the uses. APPRAISALS, R -7. It was reported that we have sold approximately 50% of the land and when we arrive at 60% we are eligible to ask for a major Fede al Progress Grant which would significantly reduce interest o borrowed money. 5. -BID PROPOSALS FOR REAL ESTATE_R -7 a. It was reported that Mr. Heintzelman of United Beverage, REDEVELOPMENT Inc. has been interested in.buying other than Project property. DEPT. TO SECURE Mr. Chong is going to contact him immediately to verify his INFO. FROM latest feelings on purchase as we have an executed disposition UNITED BEVERAGE agreement with him. ON OUR AGREE- MENT, R -7. b. Welare still in touch with Mr. Walter Foreman of WALT'S DELIVERY Walt's Del'very Service. c. We are having preliminary discussions with Dr. Frederick DR. FREDERICK Kuhns who -s interested in a tract of land for an industrial KUHNS, PRELIM - clinic'. INARY INTEREST. e � The staff Indiana Be these two local Hous so that th vacation o that all o are resole of an unde been preps and Secret Commission the Commis Under this the motion costs be o INESS zas been working with Mr. Gray, Attorney for the ll and the Indiana & Michigan Electric Company, itility companies, the Park Department, and the ing Authority in an effort to reach an agreement a Board of Works would approve our petition for E streets and alleys in Project-R -29. It appears >jections filed by Mr. Gray for the utility companies �d except the one item involving payment for relocation ground electric line in the project. Letters have' red for the signatures of the Commission President i.ry and the-staff has asked for the approval of the to execute such letters with the understanding that ;ion would not pay for relocation of any utilities. condition, Mr. Louis moved and Mr. Koczan seconded that these letters be signed with provision that no )ligated by the Commission. The motion was carried. -3- R -29 PETITION FOR VACATION OF STREETS AND ALLEYS. REMON- STRANCE BY IND. BELL AND I &M ON RELOCATION.