RM 04-07-66 - Laserfiche WebLink

Home Browse Search

scheduled session a: and a comy local pro: for all ui motion by Mr.. Barbe authorizes for April 28 -29, 1966. This will be a very informative a system has been tried and perfected by 26 cities lete revision will go into effect to combine all ects into a single annual budget and accounting system ban renewal agencies. -The Commission approved the Mr. Louis, seconded by Mr. Helmen, that Mr. Chong and attend the Minneapolis Workshop with expenses from project funds. c. The Commission approved the investment for 60 days, of INVESTMENT IN $163,000. 0 from the Urban Redevelopment District Capital Fund, U.S.,TREASURY, Chapin Street Project, R -29, in U. S. Treasury Bills, upon the BILLS, R -29 motion by Mr. Louis, seconded by Mr. Koczan. CHAPIN d. Because of local decision to separate storm and sani- tary sewers, and because of an overrun in relocation grant commitments, the Redevelopment Department must now file an Amendatory Loan and Grant Application. The original loan and grant app ication provided for $192,000 for site improvements which now will be amended to $327,000. Also included in these site improvements will be new traffic lights at the Chapin Street and Western Avenue intersection, after widening.of the streets and improving Chapin Street pavement. In order to . approve the Amendatory Loan and Grant Application, the Commission passed Resolution 130, which was reviewed by legal counsel, upon the motion by Mr. Koczan, seconded by Mr. Helmen. Resolution 130 is attached and hereby made a part of these minutes. e. he Commission approved Resolution 131, upon the motion .by Mr. Koczan, seconded by Mr. Louis, which authorizes contracts to be executed for land disposition covering the following buyers: Hanson Engineering Company; H. Powell and R. Powell of the Powell Tool Supply, Inc.; Robert Binder; South Bend Lathe, Division f Amsted Industries, Inc.; United Beverage Company of South Bend, Inc.; Sippel Realty Corporation; and Model Coverall Service, Inc. Resolution 131 is attached and hereby made a part of these minutes. 7. a. a le Street Project, R -7. Rieth -Riley Construction Company, ., has completed demolition of the structures on the Caras Tncproperty. b, Chapin Street Project, R -29. Messrs. Hammerschmidt and Chong met with representatives of the Housing Authority and I. & M. Electric Company to discuss the pending easement problem. The Chicago Department of Housing and Urban Development office cannot give approval of the average of the three appraisals for the Publi Housing site in the Chapin Street Project, R -29, until the utili y easement is settled and final disposition documents completed -4- RESOLUTION 130 RESOLUTION 131 SAMPLE STREET R -7 CHAPIN STREET R -29 it