|
parcels are identified by number and price as follows: 27 -7 for $2,850;
<br />2.8 -7 for $2,300; 28 -11A for $1,235. The Commission to date has
<br />approved for signature 112 option agreements, and 82 of these have
<br />been closed.
<br />d. Resolution 164 was approved by the Redevelopment Commission, RESOLUTION 164,
<br />upon the motion by Mr. Kompar, seconded by Mr. Chenney. This reso - R -57
<br />lution a thorizes submission of Form HUD 6144, Request for Concurrence
<br />in Acqui ition Prices, to the Chicago DHUD office for the building only
<br />on Parce 11 -17B, in LaSalle Park, R -57* This is a resubmission to
<br />the Chic go office, as the first submission included only one
<br />acquisition appraisal, and by law three appraisals are required.
<br />e. The Redevelopment Department office rental lease expires RENEGOTIATION
<br />April 1, 1967, and Mr. Kompar has agreed to renegotiate for office. FOR-OFFICE
<br />space, The rent per month has been $434.50 from Sheehan's,- the
<br />proprietor of the LaSalle West Building.
<br />f. In an urban renewal project such as the Central Core, R -66,
<br />where many businesses will be displaced, it is a federal requirement
<br />to secure an irremovable fixtures appraisal to be conducted simul-
<br />taneousl..with the three acquisition appraisals. Many commercial
<br />properties, such as doctors' offices, have this problem when con -
<br />fronting relocation. It is recommended that preparation for this
<br />' appraisa service begin in the planning stage. The Commission
<br />approved the motion by Mr. Kompar, seconded by Mr. Chenney, that a
<br />contract be negotiated with the S. M. Dix and Associates, Inc. of
<br />Grand Ra ids, Michigan, for preliminary acquisition and relocation
<br />assistance to run concurrent with the first acquisition appraisal.
<br />!g. The Commission approved the investment of $52,000 in. U. S.
<br />Treasury Bills, from the Project Expenditures Account, R -57, for
<br />a period of three months, upon the motion by Mr. Chenney, seconded
<br />by Mr. K mpar.
<br />h. The staff received Commission approval to advertise in the
<br />South Be rd Tribune on Sunday, February 26, 1967, for the purpose of
<br />finding. he whereabouts of 21 families, relocated from the Chapin
<br />Street Project,-R49, wbo are eligible to receive relocation adjust-
<br />ment payments, upon the motion by Mr.. Chenney, seconded by Mr. Kompar.
<br />The adve tisement is.a follow up to certified letters, which requested
<br />return receipts, recently sent to 83 eligible recipients.
<br />i, The staff and planning consultant of the Central Core
<br />Project, -66, have been meeting regularly with the City Engineer
<br />in order to coordinate thinking in relation to the inn.erbelt.and
<br />thoroughfare system.. Upon staff recommendation, the.Commiss'ion
<br />confirmed approval of a letter dated:February 8, 1967, from -the.
<br />Redevelop ent Department to Mr. Lloyd Taylor, City.Engineer, -which
<br />outlines he "Commission's recommendations. Motion made by Mr. Kompar,
<br />seconded y Mr. Chenney.
<br />APPROVE NEGOTIA-
<br />TION FOR IRREMOV.
<br />ABLE FIXTURES
<br />CONTRACT WITH S.
<br />M. DIX, INC.,
<br />CENTRAL CORE,
<br />R -66
<br />INVESTMENT
<br />OF FUNDS, R -57
<br />ADVERTISEMENT
<br />APPROVAL, CHAPIN,
<br />R -29
<br />COORDI;VA.TION
<br />OF PLAAS WITH
<br />CITY ANE AREA
<br />PLAN:, CENTRAL
<br />CORE, R -66
<br />5. PROGR SS.REPORTS
<br />a. M or's Advisory Committee on Community Improvement. Mr. MAYOR'S AD-
<br />Hammerschinidt reported that the Mayor's Advisory Committee meeting of VISORY COMMITTEE
<br />meeting of February 7, 1967, was unfortunately dismissed because of lack of
<br />-4-
<br />
|