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91
<br />BUSINESS (Cont`d
<br />Mr. H lmen' moved to have a -staff member attend the N.A..H.R.O. "
<br />Meeti g stated above. Moton'was seconded by.Mr. Wiggins,
<br />and unanimously carried.',.
<br />n. Investment Funds: Authorization was requested INVESTMENT FUNDS
<br />to in est 900,000 in U S. Treasury Bills from Project AUTHORIZED
<br />Expenditures Account R -66 through December, 1971. Also
<br />authorization 'to invest $700,000 of the $1,000,000 maturing
<br />April 22, 1971 through December, 1971.
<br />Motior
<br />was
<br />made by Mr. Helmen, seconded by Mr. Wiggins,,for.
<br />investment
<br />of the above funds as requested. The motion was
<br />unanimously
<br />carried.
<br />. Dis
<br />osition Price: Motion was requested to
<br />DISPOSITION PRICE
<br />establish
<br />the
<br />disposition price of the.following. parcels:
<br />ESTABLISHED, PARCEL
<br />NOS. 9 -1, 9 -8 & 9 -9,
<br />Parcel
<br />No.
<br />Disposition Price
<br />R -66
<br />9 -1
<br />$ 4.75 per square foot
<br />9 -8
<br />4.50 per square foot
<br />9 -9
<br />4.50 per square foot.
<br />Mr. Wiggins made the above motion, seconded by Mr. Chenney
<br />and unanimously carried.
<br />7. P.ROGRESS REPORTS
<br />. Employment of Rehabilitation Architect, R -66 APPLICANTS FOR
<br />and of an Inspector for Site Improvements, R -66: Mr. REHABILITATION
<br />Ashen elter advised that we are currently advertising for ARCHITECT &
<br />applicants for these positions. INSPECTOR FOR
<br />SITE LMPROVEMENT,
<br />. Hand -Out, .f Maa11n â–ºBrochures, R -66: Thpse,; R -66
<br />broch res have been well received and are being di`si;ri=
<br />buted. BROCHURES, R -66
<br />c. Downtown Negotiations: Mr. Hubert M. Weaver, DOWNTOWN NEGOTIATIONS,
<br />Downtown Negotiator, said that the total number of parcels R -66
<br />optio ed to date is 130, at a total purchase price of
<br />$5,83 ,680.00. The total parcels on which title has been
<br />taken is 110, at a cost of $4,883,785.00. The amount of
<br />budge ed funds is $13,010,220.00, less the total purchase
<br />price of optioned parcels of $5,833,680.00, leaving a
<br />balan a of $7,176,540.00.
<br />d. Business Relocation, R -66: Mr. Paul E. Becher, BUSINESS RELOCATION,
<br />Comme ci"al Relocation Director, submitted a written report. R -66
<br />Approval was requested for one claim for moving expenses
<br />in thE amount of $1,272.86. There is also one claim for the
<br />Small Business Displacement Payment in the amount of $2,500.00.
<br />AT present, there are eleven (11) claims pending. One more
<br />relocation is expected in April, with approximately eight (8)
<br />more in May.
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