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week in whi h these residents on Wellington Street in the <br />LaSalle Par< Project Area, R -57, had unanimously petitioned <br />to keep the street open in lieu of the cul -de -sac construc- <br />tion, It was reiterated again, as was expressed by the Com- <br />mission at the meeting, the purpose of installing the cul- <br />de -sac is (L) to prevent the traffic flow of commercial ve -. <br />hicles from coming into the project area, and (2) to elimi- <br />nate the residents of the proposed Greater South Bend Hous- <br />ing Development from using Wellington as a thoroughfare, <br />thus giving protection to the Wellington Street residents. <br />Subsequentl , the staff has met with the -Area Plan staff, <br />City Engine r, Traffic Engineer, Board of Works, and Chas. <br />W. Cole & S n, and it is their unanimous recommendation <br />that the cu -de -sac construction proceed. Spokesmen for <br />the residen s voiced objection to closing Wellington be- <br />cause they eel it would hinder the needed fire and police <br />protection. It was unanimously approved by the Commission, <br />on motion by Mr. Helmen, seconded by Rev. Kirk, that Wel- <br />lington Str et remain open because of the residents desire, <br />coupled wit the fact that this is a one block street, and <br />hearing the report that no additional cost would be incurred. <br />A discussioa centered on curb replacement versus curb patch- <br />ing, and tha staff explained to the residents that these de- <br />cisions wera made in accordance with the engineer's recom- <br />mendation. <br />b: Res lution 228 received Commission approval on mo- <br />tion by Mr. Helmen, seconded by Mr. Chenney, subject to le- <br />gal counsel approval, and authorizes the issuance of cer- <br />tain Project Temporary Loan Notes in connection with the In- <br />dustrial Ex ansion Project, R -56, and is.better identified <br />as the Basi2 Loan Note Resolution. This Resolution provides <br />the authority for the Commission to borrow money needed to <br />execute the urban renewal plan. <br />c. The staff presented construction plans of the.pri- <br />vate- owners and redevelopers on the disposition parcels <br />known as 15-18, 17 -19, 22 -23, and two Place and Co. parcels <br />known as 18-11, and 18 -12, purchased at the Public Offering <br />No: l for the LaSalle Park Project, R -57. After a review <br />and discuss'on of the various plans, the Commission approved <br />the motion ay Rev. Kirk, seconded by Mr. Helmen, that the <br />plans be ap roved in accordance with the urban renewal plan, <br />contingent ipon the City Building Department approval. <br />d. The staff presented 41 option agreements for Indus- <br />trial Expansion Project, R -56, parcels identified as 1 -1, <br />1 -2, 1 -3, 1-4, 1 -6, 1 -10, 1 -12, 1 -13, 2 -1, 2 -2, 2 -3, 2 -4, <br />2-5, 2 -71 2-9, 2 -10, 2 -12, 2 -13, 3 -1, 3 -2, 3 -3, 3 -5, 3 -6, <br />3 -8, 3 -10, -11, 4 -1, 4 -2, 4 -3, 4 -4, 4 -8, 5 -1, 5 -3, 5 -9, 5- <br />10, 6 -1, 6-3, 6 -5, 6 -8A, 6 -8B and 31 -1, and were approved <br />for executi n on motion by Mr. Helmen, seconded by Mr. Chen - <br />ney. Rev. Kirk asked if it would be possible to give these <br />property ow ers a better price because of the value of the <br />vacant land. Mr. Wiggins answered that this is the first <br />-4- <br />REMAIN OPEN IN <br />LIEU OF CUL -DE- <br />SAC, LASALLE <br />PARK PROJECT, <br />R-57 <br />RESOLUTION NO. <br />228, INDUSTRIAL <br />EXPANSION PRO- <br />JECT, R -56 <br />CONSTRUCTION <br />PLANS APPROVED <br />FOR 5 DISPOSI- <br />TION. PARCELS, <br />LASALLE PARK, <br />R -57 <br />41 OPTION AGREE- <br />MENTS APPROVED <br />FOR EXECUTION, <br />INDUSTRIAL EX- <br />PANSION PROJECT, <br />R -56 <br />