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5. <br />b. <br />Resolution No. 262:. This Resolution is to <br />RESOLUTION NO.262, <br />amend <br />the basic loan note resolution in connection <br />LASALLE PARK URBAN <br />with the <br />LaSalle Park:Urban Renewal Project, R -57. <br />RENEWAL PROJECT, <br />Under <br />date of April. 18, 1969, Resolution.No. 260, <br />R -57 <br />--the President <br />was authorized to execute the Third <br />Amendatory <br />Contract. Mr. Barbe stated that follow- <br />ing a <br />ecution of . the amendatory_contract,_it is <br />neces <br />ary to amend the loan note resolution of the <br />Commi <br />lion in order to correctly authorize the issu- <br />ance <br />f loan -notes to finance day -to -day operations., <br />Appro <br />al of Resolution No. 262, subject to.approval <br />of legal <br />counsel:, was requested. Motion for the <br />adoption <br />of Resolution -No. 262 was made by Mr. <br />Chenn <br />y, seconded by Rev. Williams. The "ayes" <br />were unanimous <br />for approval. <br />Mr. M rchmont Kovas asked the amount of the Basic <br />Note Resolution. Mr. . Barbe stated this was.an in- <br />creaSE in the basic authorization from $3,284,868.00 <br />to $3,466,868.00. President Wiggins asked, if in <br />other words, we increased our.debit limitation, and- <br />Mr. B rbe answered: "Yes". <br />resoh <br />30 se. <br />Urban <br />quest, <br />Publi <br />prova. <br />Helme. <br />were i <br />prese: <br />cover <br />that <br />to ad <br />for a <br />of Ch <br />Dore <br />"ayes <br />Mr. H <br />hired <br />Squad <br />they <br />were <br />year <br />said <br />befor <br />deal <br />Resolution No. 265: This is a formal RESOLUTION NO.265. <br />Lion approving the disposition prices for the LASALLE PARK URBAN <br />ected parcels of land, in the LaSalle Park RENEWAL PROJECT, <br />Renewal Project,,R -57. Authorization was re -re _..R -57, <br />d for the adoption of this Resolution, for <br />Offering No. 2, subject to legal counsel ap- <br />On motion by Mr. Wilhelm, seconded by Mr. <br />Resolution No-. 265 was adopted. The "ayes" <br />nanimous for adoption by all Commissioners <br />Change Order No. 7 to Demolition Contract <br />with Dore Wrecking Company: This change order <br />the addition of vacant lots to the contract <br />ore Wrecking Company had graded and seeded and <br />three buildings. The Chair entertained a motion <br />proval, and Mr. Chenney moved for.-the approval <br />nge Order No. 7 to Demolition Contract No. 2, with <br />recking.Company,., seconded by Mr. Wilhelm. The:. <br />were unanimous for approval. <br />mmersehmidt asked if the "Flying Squad" would be <br />for summer work._ Rev. Kirk stated the "Flying <br />would be employed as -soon as school is out and <br />re available. President Wiggins asked what wages <br />aid to the . "Flying. Squad "? Mr. Barbee stated last <br />hey were paid $1.25 per hour. President Wiggins <br />ast year the youngsters had to remove.the trash <br />they-could get_ the weeds out._ They had a rough_; <br />nd did a good job. <br />-5- <br />CHANGE ORDER NO.7 <br />DEMOLITION CONTRACT <br />NO. 21 LASALLE PARK <br />URBAN RENEWAL PROJECT, <br />R -57 <br />