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adopted a esolution to authorize paying the sum of 10% commission <br />on sales of R -7 land up to $5,000 with a minimum of $100 fee to <br />be paid, arid the paying of 6% commission for land sales totaling <br />over $5,000. Copy of Resolution No. 111 is attached and hereby <br />made a part of these minutes. <br />6. NEW BUSINESS <br />a. The Downtown Survey and Planning Application was presented <br />to the Commissioners and Resolution 110 was adopted to request <br />Federal funds in the amount of $181,292 to carry out the final <br />payments of the project upon the motion of: Mr. Louis and <br />seconded by Mr. Kompar. A similar resolution will have to be <br />approved b the Common Council. The Council's next meeting will <br />be Septemb r 27, 1965, at which time we hope favorable action will <br />be taken. Mr. Chong indicated that only one change had been <br />made to th boundaries suggested by the Blair Report, which is <br />one -half block between-Main and Michigan and between Western and <br />the alley north of Western. Mr. Chong explained a breakdown of <br />the Budget for the First Phase of the Downtown Project, and stated <br />that in tw lve months we.hope to finish the downtown plans in <br />detail. C py of Resolution No. 110 is attached and hereby <br />made a par of these minutes. <br />b. It was necessary for us to-obtain three appraisals of <br />the land in the Chapin Street Project, R -29, which is to be sold <br />to the Park Department. The total of the three appraisals came <br />to $220,58 and the average is $73,527. Mr. Kompar moved, Mr. <br />Koczan seconded, and the Commission voted to execute proper <br />.documents to secure the Federal concurrence that we offer these <br />8.7 acres in the Chapin Street R -29 project, to the Park <br />Department for the price of $73,527 after which we will adopt <br />a resolution to formalize and legalize the sale. It was reported <br />that 10.5 acres is for The Housing Authority. <br />c. B. G. Smith Building. The Park Board has made us a <br />courtesy offer for the use of the B. G. Smith Building in LaSalle <br />Park. They will lease the entire building for our exclusive <br />use for $1.00 a year with option to renew. With our presence in <br />the buildi g, vandalism should be kept at a minimum. We also <br />will put around $200 in repairs in the building, such as paint, <br />padlocks, screens. The Commission approved a motion by Mr. Louis, <br />seconded by Mr. Koczan, that we execute an annual lease with the <br />Park Department for the use of the B. G. Smith Building for $1.00 <br />per year w'th option to renew. <br />d. National and State Meeting. The Indiana State Urban <br />Renewal Association is to meet in Mishawaka this Friday, <br />September 17, 1965. Since the only cost would be for the price <br />of the lunch, the Commission authorized that as many staff <br />members as practical attend the IURA Meeting, with lunch to <br />be purchas by the Redevelopment Department, upon the motion <br />of Mr. Kom ar, and seconded by Mr. Louis. The National <br />-3- <br />SCHEDULE, R -7 <br />REALTORS. <br />RESOLUTION NO. <br />110. SURVEY AND <br />PLANNING APPLI- <br />CATION, R -39. <br />R -29. TO <br />SECURE HHFA <br />CONCURRENCE <br />FOR LAND <br />DISPOSITION <br />TO PARK DEPT. <br />R -57. TO <br />EXECUTE LEASE <br />FOR ONE YEAR FOR <br />B. G. SMITH BLDG. <br />FOR SITE OFFICE. <br />IURA MEETING <br />9/17/65 AT <br />MISHAWAKA. <br />