RM 07-18-68 - Laserfiche WebLink

Home Browse Search

b. The sale, issua of $1,375,0 and executi LaSalle Par Mr. Kompar. California Commission approved Resolution 227 authorizing the ice and delivery of preliminary loan note in the amount ►0.00, the execution of Requisition Agreement No. 3, in and delivery of temporary loan note No. 4, for the Project, R -57, on motion by Mr. Helmen, seconded by The note was sold to Bank of America, San Francisco, it 3.33% interest. RESOLUTION 227, LASALLE PARK, R -57 c. One Rehabilitation Grant for Parcel 1 -4 in the LaSalle ONE REHAB. GRANT, Park Project, R -57, received Commission approval on motion by LASALLE PARK, Mr. Helmen, seconded by Mr. Kompar. These grants are made avail- R -57 able to eligible property owners in urban renewal project areas who need assistance in order to bring their home up to standard. d. Upon-staff recommendation, the Commission made a deter- mination on appraisal.values on acquisition parcels for the Cen- tral Downto n Project, R -66, by adopting a policy of f o rwarding the average of the three appraisals to the HUD office in Chicago for concurrence on motion by Mr. Kompar, seconded by Mr. Chenney. This is the policy the Commission has used for all of South Bend's urban renewal projects, and in each case it was decided to be the fairest method. Adoption of this policy does not mean that ac- quisition is imminent, but only that all preparatory steps are being taken in order to be ready for acquisition upon receipt of the necessary approvals of the project from the federal government. The post office is desirous of building its facility as quickly as possible, although they are aware of the length of time it takes for urban renewal projects to materialize. e. Pair. Wiggins read a lovely resolution in which the Secre- tary, Gene Skeldon, was commended for the performance of secre- tarial duties and other things, and it was unanimously adopted on motion by Mr. Kompar, seconded by Mr. Chenney. Gene is mov- ing to Ohio in August and leaves the Commission and staff with regret. The resolution and the many kind expressions of friend- ship are de ply appreciated. 6. PROGRESS REPORTS a. "Fl ina Squad," Youth Employment Program, LaSalle Park, R -57. The group of boys who have adopted the name Flying Squad" are doing an excellent job in following Redevelopment staff assign- ments for keeping grass cut and lots clean. These boys work under the sponsorship of the LaSalle Fillmore Neighborhood Center. It was noted that the rules for employment are impressive and adhered to strictly. Tremendous support and a cooperative spirit had -4- COMMISSION POLICY, AVERAGE OF THREE APPRAISALS, CENTRAL DOWNTOWN SPECIAL RESOLUTION; YOUTH EMPLOYMENT PROGRAM, LASALLE PARK, R -57