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5. <br />NESS (Cont'd <br />6 OROGRESS REPORTS <br />a., -- Additional Relocation Payment:.,.Rev. Kirk RELOCATION <br />stated great progress has been made in the form of PAYMENTS <br />new grant payments that have been authorized by HUD <br />for owners of property displaced, called "additional <br />relocation payment ". President Wiggins asked if this <br />was r troactive and Rev. Kirk stated it was until <br />August 1, 1968, for individuals moving out of our area <br />into standard homes and will be supplemented by this <br />to help eliminate their mortgage_ or whatever indebted <br />ness they incur when they move =- to :a miximum of .$5.,000._. <br />In order to make these -grant payments, it is necessary <br />to amend the loan and grant .contract, which will be <br />ready for submission to the Commission for approval <br />at the next Commission meeting. <br />President Wiggins asked if these payments are made with <br />Federal funds and not City funds ?. Mr. Barbe said it is <br />with Federal Funds. <br />Mr. H mmerschmidt asked whether this was.a grant, or a <br />loan, and Mr. Barbe stated it was a grant. <br />President Wiggins said in this program we would be able <br />to move a family from the one area where the problem is, <br />into another area in standard housing, so that the <br />family will not need "out of pocket money ", within limit- <br />ations of the program. <br />Option Agreement: Approval and acceptance of <br />OPTION AGREE - <br />one Option <br />Agreement, for,Parcel #8- 14, -in the;la_Sa11e Park <br />MENT, LASALLE <br />Urban <br />Renewal Project, -R -57, was requested. On.motion by <br />PARK URBAN <br />Mr. Wilhelm, <br />seconded by.Mr. Chenney, Parcel #8 -14 was <br />RENEWAL PRO - <br />appro <br />ed. <br />JECT, R -57 <br />1. <br />Seminar on Neighborhood Development Program: A <br />SEMINAR ON <br />Seminar <br />will be held in Grand Rapids,. Michigan, on May 29, <br />NEIGHBORHOOD <br />1969, <br />at the Pantlind Hotel,'on the Neighborhood Develop- <br />DEVELOPMENT <br />ment Irogram. <br />This program offers- communities an oppor -. : <br />PROGRAM,GRAND <br />tunit5 <br />to accelerate planning and move projects into <br />RAPIDS, MICH., <br />actual <br />development. The seminar fee-is $25.00 per person.- <br />MAY 29, 1969 <br />Mr. B <br />rbe requested authorization for staff to:.attend <br />this Seminar, <br />which is a .one -day session. Mr. Wilhelm <br />stated <br />he considers this Seminar very important Presi <br />dent Wiggins <br />said it might be a good idea for the <br />Commissioners <br />to attend and requested consideration for <br />a motion <br />for the staff and /or Commissioners to attend: <br />the S <br />minar and be- placed on the availability list. <br />This <br />otion was carried-by Mr. Wilhelm, seconded by. <br />Rev. <br />illiams, and -the "ayes" were unanimous by all <br />Commi <br />sioners. <br />6 OROGRESS REPORTS <br />a., -- Additional Relocation Payment:.,.Rev. Kirk RELOCATION <br />stated great progress has been made in the form of PAYMENTS <br />new grant payments that have been authorized by HUD <br />for owners of property displaced, called "additional <br />relocation payment ". President Wiggins asked if this <br />was r troactive and Rev. Kirk stated it was until <br />August 1, 1968, for individuals moving out of our area <br />into standard homes and will be supplemented by this <br />to help eliminate their mortgage_ or whatever indebted <br />ness they incur when they move =- to :a miximum of .$5.,000._. <br />In order to make these -grant payments, it is necessary <br />to amend the loan and grant .contract, which will be <br />ready for submission to the Commission for approval <br />at the next Commission meeting. <br />President Wiggins asked if these payments are made with <br />Federal funds and not City funds ?. Mr. Barbe said it is <br />with Federal Funds. <br />Mr. H mmerschmidt asked whether this was.a grant, or a <br />loan, and Mr. Barbe stated it was a grant. <br />President Wiggins said in this program we would be able <br />to move a family from the one area where the problem is, <br />into another area in standard housing, so that the <br />family will not need "out of pocket money ", within limit- <br />ations of the program. <br />