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7. PROG <br />S REPORTS (Cont'd <br />interest d in short term notes and might be expected <br />to purchase three - fourths of a Million Dollars- - <br />depends n total resources. Temporary loan notes <br />are "tou h to sell." The question was asked if one <br />local ba k cannot handle the entire amount, if there <br />is any p ssibility of two or more of the local banks <br />getting ogether and handling the total amount? Mr. <br />Helmen s id he didn't believe the banks can, but it <br />may be p ssible with the corresponding snydicate <br />form, ant this is due to the rate of interest. You <br />can get :ooperation from all of the local banks and <br />appeal t their correspondents to take part in it. <br />The staff was to call the heads of the banks, an- <br />nounce the problem, and seek their cooperation. <br />8. NEXT MEETING <br />The lext regular meeting of the Redevelopment NEXT MEETING, <br />CommissUn will be at 10:30 A.M., Friday, December DECEMBER 19, 1969 <br />19, 1969, in the new quarters located at: <br />Department of Redevelopment <br />County -City Building, Room 1246 <br />227 West Jefferson Boulevard <br />South Bend, Indiana 46601 <br />The new elephone number, effective December 15, <br />1969, wi 1 be: 284 -9371. <br />9. ADJO <br />On m tion duly made by Mr. Helmen, the meeting ADJOURNMENT <br />adjourne at 11:55 A. M. <br />(SEAL) <br />nger, txecuzive- uireczor <br />10 <br />. Wiggins, PrQt <br />I <br />