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6. NEW OUSINESS (Cont'd <br />k. P oclaimer for ReUse Values R -66: Mr. Ashen - <br />felter haJ said in a previous meeting- that.all reuse <br />appraisal have been concurred in by Chicago;,however, <br />he said t is is not so and will require our issuing a <br />Proclaime to accomplish. Approval by Commission.of <br />a Proclai er for the reuse values is now requested. <br />On motion by Rev. Williams, seconded by Mr. Wiggins,, <br />the procl imer was approved, and unanimously- carried: <br />PROCLAIMER APPROVED <br />FOR REUSE. VALUES, <br />CENTRAL DOWNTOWN <br />URBAN RENEWAL PROJECT, <br />R -66 <br />1. N HRO Meeting: Authorization was requested to NAHRO'MEETING, THURSDAY, <br />have Messrs. Ashenfelter and Barbe attend a NAHRO meet JANUARY 28, 1971, IN <br />ing, in I dianapolis, Indiana, on January 28, 1971. Rev. INDIANAPOLIS, INDIANA <br />Williams inoved this request be granted, seconded by Mr. <br />Wiggins, ond unanimously carried. <br />m. Investment: Authorization was requested to INVESTMENT-AUTHORIZED <br />invest th a following: <br />1 ) $100,000 for six (6) months, out of Project <br />Temporary Loan Repayment Fund: <br />2 To invest the following amounts out of <br />Project Expenditures Account R -66: <br />Amount Time Period - <br />$1,000,000 Thirty (30) days. <br />600,000 Sixty (60) days. <br />11000,000 Ninety (90) ;days. <br />1,200,000 Six (6) months. <br />1,000,000 Ten (10) months <br />4,800,000 <br />Mr. Wiggi s moved for authorization to invest the <br />above amo nts for time periods specified. Said motion <br />was secon ed by Rev. Williams and unanimously carried. <br />7. PROG ESS REPORTS <br />a. Annual Business Relocation Report: Mr. Miller ANNUAL BUSINESS <br />advised fie business relocation claims totalled RELOCATION REPORT, <br />$119,121.3, for the calendar year.1970. Files were._. R -66 <br />closed involving 37 business concerns, 15 businesses <br />have completed moves with claims pending; and a total <br />of 52 businesses were secured in new locations by <br />December 31, 1970. Three businesses chose not to file <br />claims wi h us. Each has been informed of the benefits <br />which acc ue to displacees. 12 businesses discontinued <br />opera, off rand „our, •records show cause for disc6fitjnuan.ce.. <br />Two busin ss concerns moved out of the city. <br />Mr. Mille also advised receipt of a letter this morning <br />from HUD, in Chicago, which states that on January 2, <br />- 8- <br />r- <br />