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6. NEW BUSINESS (Cont'd) <br />Appraisal Contracts for Rehabilitation, E -3 <br />Proj ct: Mr. Barbe advised this request is in con- <br />form nce with a.change in HUD regulations for rehabili- <br />tati n and loans. Prior procedure on appraisal work was <br />to n tify FHA,,in Indianapolis and they would get the <br />appraisal and submit this to us. The new procedure is <br />that we contract with a FHA approved appraiser locally <br />and pay these people the same fee that.would have been <br />paid to FHA in Indianapolis. On 312 loans, actually <br />the ee is charged back to the.h_ome owner. <br />On m tion by Mr. Wiggins, seconded by Rev. Williams, <br />the ippraisal contract was approved, subject to Com- <br />mission Legal Counsel approval. Motion unanimously <br />carried. <br />Commercial Leases,'R -66: Commission approval <br />of two (2 Commercia, Leases R -66, was requested for <br />the ollowing: <br />Parcel No. Location, Rent <br />4 -2 South Bend Parking Company $200.00, <br />Mill Street <br />9 -1 Professional Hearing Aid 225.00 <br />130 S. Main Street <br />Pres <br />Down <br />abou <br />empl <br />park <br />ramp <br />Any <br />be m <br />to 1 <br />for <br />1'enq <br />Mr. E <br />miss= <br />Mayo i <br />prob' <br />Boar( <br />are 1 <br />in tr <br />vise( <br />and i <br />of a( <br />free <br />dent Helmen said parking is very critical in the <br />own area. The Jefferson Street Parking Ramp is <br />100% filled. People are complaining because <br />yees have no place to park. Is there some reason - <br />ng is not available unless they go to a parking <br />at $20.00 per month.that some people cannot afford? <br />roperty.that has been - demolished and levelled should <br />de available for some purpose. It is not getting <br />ok good for vast acreage of land that is available <br />arking but is not being used until we need it. A <br />by discussion followed on parking. <br />arbe advised relative to the directive of the Com- <br />on at their last meeting'., he wrote .a.letter to the <br />outlining the thoughts of the Commission on this <br />em. The Mayor has turned the letter over to the <br />of Works. The Engineering and Garage Departments <br />o investigate and communicate with the Commission <br />e very near future concerning this. Mr. Taylor ad- <br />a meeting is scheduled for this afternoon on this, <br />equested a motion be made to enter into some type <br />reement utilizing some of the other lots used for <br />parking. <br />-14- <br />- -APPRAISAL CONTRACTS <br />FOR REHABILITATION <br />APPROVED, E -3 PROJECT <br />