RM 07-16-71 - Laserfiche WebLink

Home Browse Search

6. NEW BUSINESS (Cont'd h. R habilitation Grant: Authorization was re-: quested for one 1 Rehabilitation Grant, in the LaSalle Park Urban enewal Project, R -57, for Parcel No. 22 -5, located at 46 Nr Chicago Street, in the amount of $3,366.00. On motion by Mr. Wiggins, seconded by.Mr.. Wade,-the above Rehabilitation Grant was authorized and unani- mously carried. i; -News Center Plans: The Urban .Design Review Committee, n their meeting of July 8th in the Redevelop- ment Office voted to recommend approval to the Commission of the revi ed plans on the News Center, located at 110 West Washin ton Street. The controversial roof tear drops on either side have been omitted, the front over the windows being of ve tical standing seam anodized metal roofing. On motion by Mr. Wiggins, seconded by Mr. Wade, the plans for News Center were approved and unanimously carried. j. Investment, R -56: On July 23, 1971, Treasury Bills in the amount of $100,000.00 invested from Project Temporary L an Repayment Fund will mature. Commission authorizati n was requested to re- invest this amount for a period of three (3) months. On motion b3 Mr. Wiggins, seconded by Mr. Wade, the $100,000.00 was authorized to be re- invested for three (3) months. Motion unanimously carried. '. Re se Appraisal Valuations: The Commission went on rec rd as approving the top reuse appraisal valuations o be used in further negotiations. This will be sub fitted as Proclaimer No. 3. Said motion was made by Mr. Wiggins, seconded by Mr.' Wade and unanimously carried. 7. PROGRESS REPORTS a.' :Bu i,ness Relocation, R -66: Mr., Paul ,E. Becher; -: Commercial Felocation Director, in his written report advised the Commission has for approval today ten busi= ness concer s' relocation claims, which consist of six claims for moving expenses, totalling $2,902.95, four claims for Direct Loss of Property,-,:totalling $9,574:60, and five cliams for the Small Business Displacement Payment, totalling $12,500.00. The total of all claims is $24,977.55. There are eighteen businesses which have moved but have not yet fil d their relocation cli m It is.anticipated that a minimum of fourteen more businesses will relocate by September 1st. ONE (1) REHABIIL'ITATION GRANT-APPROVED, PARCEL - NO. 22 -5, R -57 j. NEWS CENTER PLANS APPROVED, R -66 INVESTMENT AUTHORIZED, IND. R -56 TOP REUSE APPRAISAL VALUATION APPROVED, PROCLAIMER NO. 3, R -66 BUSINESS RELOCATION, R -66 .