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8. NEW BUSINESS (Cont'd d. Option Agreements. R -57: Approval and TWO (2) OPTION AGREE- authorization was requested for the President to MENTS AUTHORIZED, PARCEL sign two (2) Option Agreements, in the LaSalle NOS. 43 -11 & 46 -3. Park Urban Renewal Project, R -57, for the follow -' LASALLE PARK URBAN ing parcels: RENEWAL PROJECT, R -57 rcel No. Address 3 -11 Liberty Street ( Vacant Lot) 6 -3 West Jefferson Boulevard (Vacant Lot) On motion by Mr. Chenney, seconded by Mr. Wiggins, the Option Agreements for the above - liste parcels were unanimously approved. e. Resolution No. 302: Authorization was re- RESOLUTION NO. 302 quested to mail 10-day notices of condemnation.for APPROVED, CENTRAL DOWN - the following parcels, in the Central Downtown TOWN URBAN RENEWAL Urban Renewal Project, R -66, located in the post PROJECT R -66 office area: arcel No. Address 23 -7 422 -424 South Michigan Street 23 -11 415 South St. Joseph Street On motion by Mr. Wiggii Resolution No. 302 was f. Resolution No. quested to mail 10 -clay the f llowing parcels, Renew 1 Project, R -57: is, seconded by Mr. Chenney, unanimously approved. 303: Authorization was re- notices of condemnation for in the LaSalle Park Urban reel No. Address 19 -26 3517 West Washington Street 19 -28 North Falcon Street (Vacant Lot) Condemnation proceedings were recommended as the first parcel owner's offer to settle was an exorbi- tant acquisition request; the second parcel is to clear title only. RESOLUTION NO. 303 APPROVED, LASALLE PARK URBAN RENEWAL PROJECT R -57 0 motion by Mr. Wiggins, seconded.by Rev. Williams Resol tion No. 303 was unanimously approved. 9• zes tr crease makinc Resolution No. 304: This Resolution . authori - RESOLUTION NO. 304 filing of an amendatory application to in- APPROVED, LASALLE PARK the loan and rehabilitation grant for the URBAN RENEWAL PROJECT of rehabilitation grant payments under Section R -57 10