|
a
<br />i�
<br />IG
<br />LJ
<br />V)
<br />LEI
<br />CL
<br />D
<br />X
<br />0
<br />�3s
<br />$1,637.06
<br />110.73
<br />706.54
<br />3,446.78
<br />1.867.42
<br />$7,768.53
<br />MAYOR'S 1967
<br />BUDGET REVIEW
<br />SCHEDULE
<br />b. DHUD Chicago Regional Letter No. 45, dated April 4, 1966, DHUD REGIONAL
<br />provides for federal participation in a retirement program for LTR #45 ON
<br />LPA employees. After review-by the Staff', the Redevelopment RETIREMENT
<br />Commission will consider the matter farther. In the past, PROGRAM
<br />federal. money was not available for retirement plans, other
<br />than social security.
<br />5. BIO PROPOSALS FOR REAL ESTATE, R -7
<br />The Redevelopment Commission has received an offer from a
<br />prospective redeveloper in the Sample Street Project, R -7, for
<br />Tract (b) which is-the last tract for sale. The tract is
<br />11.08 acres, and the offer is less than the present appraised
<br />price. The name and offer will be held until a formal offer is
<br />presen ed to the Redevelopment Department.
<br />6. NEW BUSINESS
<br />a. The Commission approved the acceptance and provided f'or
<br />execution of the Loan and Grant Contract for the LaSalle Park
<br />Project, R -57, by passing Resolution 128, upon the motion by
<br />Mr. Louis, and seconded by Mr. Koczan. The contract amounts-to
<br />a federal grant of $2,136,288, and the Redevelopment Depart-
<br />ment can borrow up to $2,483,808. The contract authorizes an
<br />additional $87,875 for relocation payments. The Redevelopment
<br />Attorn y and Staff have review the contract documents and
<br />find t em in order. Resolution 128 is attached and hereby
<br />made a part of these minutes.
<br />b. A letter has been received by the Redevelopment Depart-
<br />ment, collectively with 46 other LPA's, from the North Central
<br />Regional Council of the National Association of Housing and
<br />Redevelopment Officials (NAHRO), which will co- sponsor a two
<br />day Workshop on Annual Budget and Accounting System. Mr. Chong
<br />has be 4n asked to chair the Workshop in Minneapolis, Minnesota,
<br />-3-
<br />INFORMAL OFFER
<br />RECEIVED FOR
<br />TRACT 2(b),
<br />SAMPLE, R -7
<br />RESOLUTION
<br />128
<br />NORTH CENTRAL
<br />NAHRO WORK-
<br />SHOP, MINNEA-
<br />POLIS, MINN.
<br />APR. 28- 29,t66
<br />Reimbu
<br />sements to Redevelopment Revolving -Fund
<br />nm
<br />for E
<br />endituxes - Month of March 1966:
<br />From P
<br />oject Expenditures Account Fund R -7
<br />tr
<br />it - It It., tr R -29 -
<br />7
<br />11
<br />,t
<br />it fi _ _.
<br />it R -56
<br />�
<br />It
<br />it It it n R -57
<br />V
<br />From Urban
<br />Redevelopment Fund
<br />Ld
<br />4. ° ` CO
<br />NICATIONS
<br />Q
<br />LLJ
<br />Dr
<br />a.
<br />Mayor Allents letter of April 6, 1966 to all Department
<br />CZ5
<br />Heads indicating
<br />time schedule for 1967 Budget reviews. The
<br />Redevelopment
<br />Department is scheduled for April 13, 1966,
<br />1:15 p
<br />m. to 1 :45 p. m. Mr. Laven and Mrs. Allen Council
<br />D
<br />Members,
<br />have consented to meet with the Commissioners and Staff
<br />0
<br />at 11:00
<br />a. m., prior to the meeting in the Mayor's office, to
<br />0
<br />review
<br />the 1967 Proposed Budget.
<br />M
<br />a
<br />i�
<br />IG
<br />LJ
<br />V)
<br />LEI
<br />CL
<br />D
<br />X
<br />0
<br />�3s
<br />$1,637.06
<br />110.73
<br />706.54
<br />3,446.78
<br />1.867.42
<br />$7,768.53
<br />MAYOR'S 1967
<br />BUDGET REVIEW
<br />SCHEDULE
<br />b. DHUD Chicago Regional Letter No. 45, dated April 4, 1966, DHUD REGIONAL
<br />provides for federal participation in a retirement program for LTR #45 ON
<br />LPA employees. After review-by the Staff', the Redevelopment RETIREMENT
<br />Commission will consider the matter farther. In the past, PROGRAM
<br />federal. money was not available for retirement plans, other
<br />than social security.
<br />5. BIO PROPOSALS FOR REAL ESTATE, R -7
<br />The Redevelopment Commission has received an offer from a
<br />prospective redeveloper in the Sample Street Project, R -7, for
<br />Tract (b) which is-the last tract for sale. The tract is
<br />11.08 acres, and the offer is less than the present appraised
<br />price. The name and offer will be held until a formal offer is
<br />presen ed to the Redevelopment Department.
<br />6. NEW BUSINESS
<br />a. The Commission approved the acceptance and provided f'or
<br />execution of the Loan and Grant Contract for the LaSalle Park
<br />Project, R -57, by passing Resolution 128, upon the motion by
<br />Mr. Louis, and seconded by Mr. Koczan. The contract amounts-to
<br />a federal grant of $2,136,288, and the Redevelopment Depart-
<br />ment can borrow up to $2,483,808. The contract authorizes an
<br />additional $87,875 for relocation payments. The Redevelopment
<br />Attorn y and Staff have review the contract documents and
<br />find t em in order. Resolution 128 is attached and hereby
<br />made a part of these minutes.
<br />b. A letter has been received by the Redevelopment Depart-
<br />ment, collectively with 46 other LPA's, from the North Central
<br />Regional Council of the National Association of Housing and
<br />Redevelopment Officials (NAHRO), which will co- sponsor a two
<br />day Workshop on Annual Budget and Accounting System. Mr. Chong
<br />has be 4n asked to chair the Workshop in Minneapolis, Minnesota,
<br />-3-
<br />INFORMAL OFFER
<br />RECEIVED FOR
<br />TRACT 2(b),
<br />SAMPLE, R -7
<br />RESOLUTION
<br />128
<br />NORTH CENTRAL
<br />NAHRO WORK-
<br />SHOP, MINNEA-
<br />POLIS, MINN.
<br />APR. 28- 29,t66
<br />
|