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0 <br />bui <br />at <br />bui <br />NEW BUSINESS (Cont'd) <br />e. St. Joseph Realty Building, Parcel No. 13 -3: PURCHASE OF PARCEL <br />fission authorization was requested to purchase this NO. 13 -3 AUTHORIZED, <br />ding, which is the College of Commerce Building, for R -66 <br />)tal amount of $299,000.00. We will demolish the <br />ding. <br />On motion by Mr. Wiggins, seconded by <br />authority to purchase Parcel No. 13 -3, <br />of $299,000.00, was granted and motion <br />carried. <br />f. Resolution No. 401: <br />ac uisition of property by <br />following: <br />Parcel No. <br />Owner <br />Mr. Chenney, <br />for the amount <br />unanimously <br />This Resolution authorizes RESOLUTION NO. 401 <br />condemnation, Ind. R -66, for ADOPTED, R -66 <br />Concurred -in Ac- <br />quisition Price <br />8 -2 May Jane Hastings Dunfee $ 48,665.00 <br />8 -3 Office Engineers, Inc. 104,248.00 <br />Mr. Taylor advised this is a friendly conder:m ation suit. <br />We have not received HUD concurrence on updated appraisals, <br />an to get by that road block since last November is to <br />go into a friendly suit on condemnation. The owner of <br />thE property did not want to go to condemnation. They <br />only want to receive a fair price for their property. <br />Mr Wiggins moved for the adoption of Resolution No. 401, <br />seconded by Mr. Chenney and unanimously carried. <br />g. Resolution No. 402: This Resolution authorizes RESOLUTION NO. 402 <br />the execution of redevelopment agreement for disposition ADOPTED, R -57 <br />of land and the execution of warranty deed for transfer <br />of title thereto, for conveyance to Place and Company, <br />In ., Parcel No. 21 -9, located on 100 block of South <br />Io a Street, in the amount of $803.00, Ind. R -57. <br />Place and Company, Inc. also submitted plans for Com- <br />mission acceptance to build a house for a customer on <br />the above lot, which is 80' x 129'. The cost of the <br />house is $21,100.00. <br />Mr Chenney moved for the adoption of Resolution No. <br />40 , and the acceptance of the above plans, as sub- <br />mitted. Motion seconded by Mr. Chenney and unani- <br />mously carried. <br />h. Rehabilitation Grant, R -57: Authorization <br />was requested for one Rehabilitation Grant, in the <br />La alle Park Urban Renewal Project, Ind. R -57, for <br />Pm el No. 2 -14, located at 2613 Newcomb Street, in <br />th amount of $3,500.00, which is a combination grant <br />anU Section 312 loan. <br />REHABILITATION GRANT <br />APPROVED, PARCEL NO. <br />2 -14, R -57 <br />