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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. <br />-4- <br />