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From Project
<br />Expenditures Account Indiana R -7
<br />$ 887.55
<br />"
<br />to if is " R -56
<br />1,026.81
<br />R -57
<br />6,450.29
<br />-" Urban
<br />Redevelopment Fund.
<br />1,254.89
<br />Total
<br />$ 9,619.54
<br />4. COMMUNICATIONS
<br />A letter
<br />from Mr. Louis, Redevelopment Commission Vice President,
<br />COMMISSION VICE
<br />to Mr. Wiggins,
<br />President of Redevelopment Commission, dated
<br />PRESIDENT, JAMES
<br />November
<br />17, 1966, tenders his resignation as a member of the
<br />G. LOUIS RESI3NA-
<br />Commissi
<br />n because of his newly elected position as Trustee of
<br />TION
<br />Portage lownship.
<br />The Commission unanimously commended Mr. Louis on
<br />his fine
<br />performance as a Redevelopment Commissioner and reluctantly
<br />accepted
<br />his resignation, upon the motion by Mr. Kompar, seconded
<br />by Mr. K
<br />czar. The Commission unanimously proclaimed acceptance
<br />to the motion
<br />entertained by Mr. Wiggins, and stated by Mr. Kompar,
<br />seconded
<br />by Mr. Koczan, which commends Mr Louis for his meritorious
<br />service in
<br />the past.
<br />5. OLD BUSINESS
<br />The Commission
<br />approved the motion by Mr. Koczan, seconded by
<br />CERTIFICATE OF
<br />Mr. Louis,
<br />authorizing the signing of the Certificate'of Completion
<br />COMPLETION, HARRIS
<br />for Harris
<br />Manufacturing Company, Parcel 5, Sample Street Project,
<br />MFG. CO., PARCEL
<br />R -7, and
<br />returning the "good faith" money, upon staff certification
<br />5, SAMPLE, R -7
<br />that final
<br />inspection indicates that all items have been completed
<br />in accordance
<br />with the agreement.
<br />6. NEW BUSINESS
<br />a. The
<br />Commission and the staff verified that the statement
<br />4TH APPRAISALS,
<br />which a federal
<br />official from the Chicago DHUD office announced last
<br />WHEN COMMISSION
<br />night at
<br />a meeting with the LaSalle Park District Council, is not
<br />APPROVED, TO BE
<br />different
<br />from past statements made by the Redevelopment Department.
<br />ON INDIVIDUAL
<br />The staff
<br />received telephonic verification from Mr. Rice, Chicago
<br />- BASIS; LASALLE,
<br />DHUD real
<br />estate appraiser, that the statement made recently
<br />R -57
<br />supported
<br />that made by the South Bend Redevelopment Department,-
<br />but confu
<br />ion materialized because of another DHUD official's use
<br />of differ
<br />nt wording. In effect, fourth appraisals will be handled
<br />.strictly
<br />n an individual basis; not on a blanket basis. Fourth
<br />appraisal3
<br />must be justified and recommended by the Redevelopment
<br />Commissio
<br />, and then must be approved by Chicago DHUD.
<br />b. U on staff recommendation, the Commission voted to establish ESTABLISH RENT
<br />rent for 3 parcels in LaSalle Park in accordance with policy FOR 8 PARCELS IN
<br />procedure, with the motion made by Mr. Louis, seconded by Mr. Kompar.
<br />Parcels aid rent listed as follows: 40 -9 - $33.00; 27 -10 — $50.00;
<br />30 -10 - $ 5.00; 42 -11 - $40.00; 9 -10 - (1) building at $19.00 and
<br />(1) build ng at $40.00; 46 -14 - $45.00; 46 -13 - $50.00; 9 -9 - $50.00.
<br />c. T e Commission approved the signing of 10 option agreements 10 OPTION AGREE
<br />for parce s in LaSalle Park, upon the motion by Mr. Koczan, seconded MENTS APPROVED
<br />by Mr. Lo is. Total number of option agreements signed for LaSalle FOR LASALLE PARK
<br />Park parc is is now at 93, and 28 of these have been `closed. Parcels R -57 .
<br />approved or option signature today are: 9 -7, 10 -16, 11 -6, 11 -9,
<br />39 -9, 39- 4, 40 -15, 42 -18, and 46 -9.
<br />-4-
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