d. Resolution 222 for the acceptance of a bid for Disposition
<br />Parcel No. 15-18 by Mr. Bemis Blake for not less than the
<br />predeterminel minimum value approved in connection with the
<br />LaSalle Park Project, R -57, on motion by Mr. Helmen, seconded by
<br />Mr, Kompar, eceived Commission approval. Mr. Blake has
<br />submitted th necessary documentation for acquiring the parcel,
<br />and since th s parcel was not bid upon at the Public Offering
<br />No. 1, this ransaction is proper, subject to legal counsel
<br />review and a proval.
<br />e. It b ing the recommendation of the staff that in the inter-
<br />est of the r sidents of the Industrial Expansion Project area, R -56,
<br />the early laid acquisition route is best, the Commission approved
<br />Resolution 2 1 which authorizes the filing of an application for
<br />early land a quisition on motion by Mr. Helmen, seconded by Rev.
<br />Kirk. It wa noted that it has been an unusually long time for the
<br />HUD Chicago ffice to provide us with the Loan and Grant Contract
<br />documents fo execution, and that it is imperative that acquisition
<br />begin. It i hopeful that this action will also expedite the
<br />forthcoming contract documents and thus eliminating this course of
<br />action.
<br />RESOLUTION 222 FOR
<br />LASALLE PARK, R -57
<br />RESOLUTION 221, EARLY
<br />LAND ACQUISITION,
<br />INDUSTRIAL EXPANSION
<br />PROJECT, R -56
<br />f. One ehabilitation grant received Commission approval, and ONE REHAB. GRANT FOR
<br />is for Parce 10 -12 in the LaSalle Park Project, R -57, on motion PARCEL 10 -12, LA-
<br />by Mr. Chenn y, seconded by Mr. Kompar. This brings to a total SALLE PARK, R -57
<br />of approxima ely 30 properties that have been rehabilitated by
<br />use of the f deral grant. This is an effective tool for rehabili-
<br />tation accomplishments, and is most helpful for the elderly and low
<br />income famil es.
<br />g. Upon
<br />staff recommendation, the Commission voted to approve
<br />CHANGE ORDER #3
<br />Change Order
<br />No. 3 to the Rieth -Riley Construction Co., Inc., for
<br />RIETH -RILEY CONTRACT,
<br />the site imp
<br />ovements contract in the Chapin Street Project, R -29,
<br />CHAPIN ST., R -29
<br />on motion by
<br />Mr. Kompar, seconded by Mr. Chenney. This change
<br />order will i
<br />crease the contract by $22,000. This cost is based
<br />on unit pric
<br />s established in Rieth - Riley's current contract.
<br />The work will
<br />consist of street improvements to the north portion
<br />of Chapin ani
<br />Western intersection.
<br />h. The
<br />ommission approved the investment of funds in U. S.
<br />INVESTMENT OF FUNDS
<br />Treasury Bil
<br />s on motion by Mr. Helmen, seconded by Mr. Kompar,
<br />as follows:
<br />(1) $100,000 for a period of one month from the
<br />Project Expenditures
<br />Account, R -57, (2) $100,000 for a period of
<br />two months from
<br />Project Expenditures Account, R -57, (3) $300,000
<br />for a period
<br />of three months from Project Expenditures Account,
<br />R -57, and (4
<br />) $100,000 for a period of three months from the
<br />District Capital
<br />Fund.
<br />i. The
<br />knnual Meeting of the Indiana Association of Housing
<br />IAHRO ANNUAL MEETING
<br />and Redevelo
<br />ment Officials ( IAHRO), comprising of all cities
<br />6/20 -21 -22/68
<br />involved in
<br />irban renewal activities in Indiana, will meet in
<br />Indianapolis
<br />June 20, 21, 22, 1968. These meetings are helpful
<br />in that mutu
<br />1 problems are explored, and therefore the staff
<br />received Commission
<br />approval for three staff members in addition
<br />to Mr. Barbe
<br />and Mr. Bellinger to attend on motion by Mr, Helmen,
<br />seconded by
<br />Mr. Chenney.
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