URBAN REDEVELOPMENT FUND
<br />Office Engineers, Inc.
<br />4. COMMUNICAITIONS
<br />a. Chicago DHUD ltr of
<br />water mains by City
<br />commence after June
<br />prior approval.
<br />b. Chic
<br />Reha
<br />and
<br />The
<br />for
<br />$4,3
<br />loan
<br />from
<br />5. NEW BUSI
<br />a. The C
<br />of 3 parcels
<br />the motion by
<br />identified as
<br />owned for bac
<br />homeowner.
<br />b. Mr. T
<br />Application t
<br />details of th
<br />separation of
<br />and demolitio
<br />tive cost to
<br />Mr. Chenney,
<br />original Loan
<br />authorizes ap
<br />should not be
<br />Application f,
<br />c. Upon
<br />Commission a
<br />the LaSalle
<br />and 29 -9.
<br />d. Upon
<br />Adoption of ti
<br />Project, R -57,
<br />seconded by RE
<br />dated August
<br />Total
<br />GRAND TOTAL
<br />May 26, 1967 concurs with installation of
<br />Water Works, LaSalle Park, R -57. Work to
<br />15, 1967, with Redevelopment Commission
<br />o DHUD ltr of May 29, 1967, approved the first 312
<br />litation Loan for a family in LaSalle Park, Parcel 1 -29,
<br />'s the fourth such loan to be approved within Indiana.
<br />interest loan is held by FNMA in the amount of $10,000
<br />years, and includes the refinancing of this property for
<br />and the remainder of $5,200 for rehabilitation. The
<br />ctually lowers the monthly house expense for this family
<br />106.12 to $103.35.
<br />$ 245.90
<br />$ 245.90
<br />$391,064.14
<br />mmission approved Resolution 179 relating to acquisition_.. RESOLUTION 179,
<br />y condemnation in the LaSalle Park Project, R -57, upon , CONDEMNATION, LA-
<br />Mr. Helmen, seconded by Mr. Chenney. The parcels are SALLE PARK, R -57
<br />17 -3, 37 -1 and 31 -17, and the first two are county
<br />tax purposes, while the third parcel involves a ,
<br />m Brademas, recently contracted to prepare the Amendatory
<br />the Loan and Grant, LaSalle Park, R -57, explained the
<br />subject application. The Amendatory provides for the
<br />the sewer system, paving of certain alleys, acquisition
<br />of additional properties, and the additional administra-
<br />e incurred. Upon the motion by Rev. Kirk, seconded by
<br />he Commission approved Resolution 180, which amends the
<br />and Grant Application for LaSalle Park, R -57, and
<br />ropriate filing. The Commission was told that there
<br />any additional amendments to the Loan and Grant
<br />r the LaSalle Park Project, upon Mr. Kompar's question.
<br />he motion by Mr. Kompar, seconded by Mr. Helmen, the
<br />roved execution of 3 option agreements for parcels in
<br />rk Project, R -57, identified as follows: 43 -6, 8 -3
<br />,taff recommendation, the Commission approved the
<br />ie revised Property Management Policy for LaSalle Park
<br />dated June 2, 1967, with the motion by Mr. Helmen,
<br />�v. Kirk. The original Property Management Policy is
<br />8, 1966. The revision includes the establishment of
<br />-3-
<br />RESOLUTION 180,
<br />AMENDATORY APPLI-
<br />CATION, LOAN &
<br />GRANT, LASALLE
<br />PARK, R -57
<br />OPTION AGREEMENTS,
<br />LASALLE PARK, R -57
<br />PROPERTY MANAGEMENT
<br />LASALLE PARK, R -57
<br />
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