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7. PROGRESS REHORTS (Cont'd) <br />on moves and ha a already bid on a number of jobs. <br />The Federal policy has been changed and more de- <br />tailed documentation is required. Our staff, <br />consequently, is working with the contractors to <br />detail ground r les for bid proposals and a final <br />billing to mini ize inconvenience to claimant, and__ <br />to assure conti ued interest by the contractors. <br />Moves have been scheduled for Plast -Ad, Inc. on <br />July 25; Lincolr Hotel has discontinued their <br />business; A. F. Smith Company's time is extended <br />for moving; Mic Tana Millwork and Mfg. Co is <br />moving July 31; Michi-ana Parts'Wholesale on July <br />31; and ManPowe , Inc. will move about September <br />1st. <br />Mr. Miller pres nted a letter received from the <br />Small Business Administration dated July 9, 1970, <br />on Indiana Project, R -66, which states that six <br />loan applications have been approved, totalling <br />$555,300; two a plications are pending, totalling <br />$971,500. Mr. Mller stated that our staff would <br />like to encoura a more people to -take advantage of <br />this low intere t money, which can be borrowed.at <br />5 -1/8%. Area Clamber of Commerce and the Small <br />Business Admini tration are requesting more appli- <br />cations for loa s. Our staff will act as liaison. <br />, b.., 7 0owntown <br />reported that 7� <br />totalling $2,97' <br />at a cost of $1 <br />A status report <br />office area was <br />24 and 25. <br />c. Poster 1 <br />Wilhelm present( <br />Inc., as an exp' <br />The thought was <br />provide a more I <br />enough to be ea! <br />size for this pi <br />high by 4'5" wi( <br />Federal approve( <br />certain verbage <br />and are furnish( <br />i- Negotiations: Mr. Hubert M. Weaver DOWNTOWN NEGOTIATIONS <br />3 options have been signed to date, R-66 <br />,522; of these;42 have been titled­-'-`, <br />,441 ,629. <br />of the acquisitions for the post <br />given, which involves Blocks 23, <br />`or the Demolition Sites: President <br />!d a sign by Burkhart Advertising, <br />oratory idea in public relations. <br />to both advertise the project, to <br />)ersonal approach, and to be large <br />;ily read when driving by. The <br />articular R -66 poster would be 12' <br />fie, at a cost of $575.00. The <br />i signs must be 4' x 6', include <br />as required in the guidelines, <br />�d by demolition contractors. <br />