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Further studies have determined adequate space can be made avail- able without the acquisition of subject property. It is the objective of the Urban Renewal Plan to retain good buildings where it is feasibly possible; therefore a motion was made by Mr. Kompar, secoaded by Mr. Helmen, that since Mr. Clark is willing to rehabilitate and redesign the structures as needed, along with the removal 3f any substandard structures,,the staff can assure Mr. Clark by letter that the structures may remain subject to Sec- tion D Item I of the Urban Renewal Plan which states, "Property designated f acquisition, if not needed for a public use, will be removed from that category if the owner(s) present within a reasonable time, a specific plan or program of action to the City of South Ben J Department of Redevelopment. The plan or program as presented must show conclusively that the construction, demo- lition, recoistruction or rehabilitation proposed is in confor- mance with t objectives of this Urban Renewal Plan and such State and local la s as may be applicable." Motion carried. I c. Raitt Corp ltr of Jan 26, 1968 encloses a copy of construc- tion contract for development of last remaining portion of Parcel 2(b), Sample Street Project, R-7, and expresses appreciation in the Redevelopment Commission's patience with them. Parcel 2(b) consists of the Hill White Truck Sales, Inc., and now the site for the Natilonal Mills Supply Co. which is under construction. she Sample S reet Project, Ind. R-7, is now complete. 5. NEW BUSINESS a. The Commission approved Resolution 209 which authorizes RESOLUTION 20� the execution of contracts for sale of land in the LaSalle Park LASALLE PARK, Project, R-57, subject to HUD concurrence, on motion by Mr. R-57 Chenney, seconded by Mr. Helmen, Upon receipt of HUD approval and public offer for sale of land, the staff will be in a posi- tion to execute contracts for disposition of land to private developers. b. Resolution 210 received Commission approval on motion by RESOLUTION 210 Mr. Helmen, seconded by Mr. Kompar, and authorizes the staff to INDUSTRIAL E>(PAN- forward the list of local approved acquisition appraisal prices SION PROJECT. R-S, for properties in the Industrial Expansion Project, R-56, along with the 3 sets of appraisals, to the Chicago HUD office for con- currence. c. One approval on Parcel 19-1 has proven the Redevel date 21 gra d. The ment for ac on motion b ection 115 Rehabilitation Grant received Commission ONE REHAB. GRANT otion by Mr. Chenney, seconded by Mr. Kompar, for APPROVED, IJISr"ILLE in the LaSalle Park Project, R,-57. The Rehab. Grant PARK, R-57 be one of the most effective tools to be used by ment Department in the LaSalle Park Project, and to s have been approved. ommission approved the execution of one option agree- ONE OPTION isition of Parcel 46-16, LaSalle Park Project, R-57, AGREEMENT U-'_3,LLTI Mr. Kompar, seconded by Mr. Chenney. PARK, R-57 -4-