Department
<br />of Redevelopment and the United States of America, upon
<br />the motion
<br />by Mr. Chenney, seconded by Mr. Kompar. This resolution
<br />applies to
<br />rehabilitation grant money which was-removed from the"`
<br />initial application
<br />by DHUD, and now at their request is being
<br />reinstated.
<br />b. Commission
<br />approval was given to enter into an agreement
<br />'CONTRACT WITH
<br />with the South
<br />Bend Water Works Department for the installation
<br />-WATER WORKS DEPT.
<br />of water mains
<br />in the LaSalle Park Project, R -57, at a cost of
<br />FOR LASALLE PARK,
<br />$11,120.85,
<br />upon the motion by Mr. Kompar, seconded by Mr. Chenney.
<br />R -57
<br />This approa
<br />h provides considerable savings to the Redevelopment
<br />Department
<br />and is a normal job activity performed by the Water
<br />Works Depar
<br />ment.
<br />c. Upoi
<br />staff recommendation, the Commission approved the
<br />ADDENDUM 1 TO
<br />amendment t
<br />the S. M. Dix Irremovable Fixtures Appraisal
<br />S. M. DIX CONTRACT
<br />Contract fo
<br />the Central Downtown Project, R-66, The original
<br />FOR CENTRAL DOWNTOWN,
<br />contract wa
<br />so worded that additional buildings could be
<br />R -66
<br />added as ne
<br />ded, and it has become necessary to add additional
<br />buildings a
<br />a cost of $15.00 per building, thus the total cost
<br />of the contract
<br />is increased to $4,200. Motion was made by
<br />Mi. Chenney,
<br />seconded by Mr. Kompar.
<br />d. Upon
<br />the motion by Mr. Kompar, seconded by Mr. Chenney,
<br />3 OPTION AGREEMENTS
<br />the Commission
<br />approved the execution of 3 option 'agreements
<br />FOR LASALLE PARK
<br />for parcels
<br />27 -13, 37 -12, and 40 -3 in the LaSalle Park
<br />R -57
<br />Project, R-57.
<br />e. The
<br />staff received approval to invest the following
<br />INVESTMENTS IN
<br />funds into
<br />. S. Treasury bills: (1) $200,000 from Project
<br />U. S.. TREASURY BILLS
<br />Expenditures
<br />Account Fund R -29 for a period of 90 days, and (2)
<br />.$200,000.from
<br />the District Capital Fund, for a period of 60 days,
<br />upon the motion
<br />by Mr. Chenney, seconded by Mr. Kompar.
<br />f. The
<br />I
<br />Commission approved the motion by Mr. Kompar, seconded
<br />OFFICE SPACE LEASE
<br />by Mr. Chen
<br />ey, that the Redevelopment Department's office lease
<br />RENEWED
<br />with 120 West
<br />LaSalle, Inc., be executed, subject to legal
<br />counsel review..
<br />The lease commences June 1,1967 and extends
<br />to May 31,
<br />969, or until such time as the County -City Build-
<br />ing is read
<br />for occupancy, and is in the amount of $434.50 per month.
<br />g. The
<br />South Bend Lathe, Division of Amsted, Industries,
<br />PROPERTY TRANSFER
<br />located in larcel
<br />6 of the Sample Street Project., R -7, has
<br />APPROVED.FOR SOUTH
<br />approached the
<br />Redevelopment staff 'requesting a property. "'BEND
<br />LATHE OF
<br />transfer with
<br />an adjacent property owner, Huckins'Tool and
<br />PARCEL $, SAMPLE
<br />Die Co., Inc.
<br />Since the trade is not in violation with the
<br />STREET,.R -7
<br />Sample Stre
<br />t Urban Renewal Plan, and in no way conflicts with`
<br />the agreement
<br />between'South Bend Lathe and the Redevelopment
<br />Commission,
<br />the Commission approved the motion"by Mr. Kompar,'
<br />seconded by
<br />Mr. Chenney, that the trade be permitted in
<br />accordance with
<br />the mapped out diagram indicating Huckins
<br />and South Bend
<br />Lathe properties, and the desired area of land
<br />to be traded.
<br />h. In view
<br />of the needfor relocation resources in the City' 'CITY
<br />WIDE HOUSING
<br />of South Be
<br />d, the Commission approved underwriting the cost of
<br />STUDY APPROVED
<br />a study to
<br />etermine and evaluate the community need for public
<br />-4-
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