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6. NEW BUSINESS (Cont'd)
<br />Mr. laylor advised in order to have a good parting point,
<br />Bloc 's building was not included with these structures
<br />as t e store South of Block's is an L- shaped store and
<br />this would have to be left open. None of the structures
<br />are ccupied. We do not have title to Parcel No. 9 -6,
<br />but ope to have title to this before the awarding of
<br />the ontract in the November 17 Commission meeting. With
<br />HUD oncurrence, it would be December before the contractor
<br />woul receive a notice to proceed.
<br />On motion by Mr. Chenney, seconded by Mr. Wiggins, and
<br />unanimously carried, Demolition Contract No. 31, covering
<br />the above buildings, was approved for advertising.
<br />d. Deed with Royal Inns of America, Inc., Disposi EXECUTION OF DEED
<br />tion Parcel No. 7 -1: Authorization was requested for the AUTHORIZED, ROYAL INNS
<br />execution of deed, on or before November 1, 1972, with OF AMERICA, INC., DIS-
<br />Royal Inns of America, Inc., Disposition Parcel No. 7 -1, POSITION PARCEL NO.
<br />R -66 Project. Mr. Kevin J. Butler, Commission Legal 7 -1, R -66
<br />Counsel, said basically we are anticipating Economic
<br />Development Commission closing on Royal Inns site and we
<br />will be conveying the title at that time.
<br />On motion by Mr. Chenney, seconded by Rev. Williams, exe-
<br />cution of deed with Royal Inns of America, Inc. was author-
<br />ized and unanimously carried.
<br />e. Deed with First Bank and Trust Company of South EXECUTION OF DEED
<br />Bend and City Development Company, Disposition Parcel No. AUTHORIZED, FIRST BANK
<br />8 -3: Authorization was requested for the execution of AND TRUST COMPANY OF
<br />deed on or before December 31, 1972, with First Bank SOUTH BEND AND CITY
<br />and rust Company of South Bend as Trustee for Land Trust DEVELOPMENT COMPANY,
<br />No. 9 -5094 and the City Development Company as the Re- DISPOSITION PARCEL NO.
<br />deve oper. This is the former Peanut Shop, on Wayne and 8 -3, R -66
<br />Michigan, and Mr. Butler advised we have a tentative clos-
<br />ing ate of December 4, 1972.
<br />On m tion by Mr. Wiggins, seconded by Rev. Williams, exe-
<br />cuti n of deed with First Bank and Trust Company of South
<br />Bend and City Development Company was authorized and unani-
<br />mously carried.
<br />f. John G. Pence and Associates, Inc. Contract: This REUSE APPRAISAL
<br />is a contract with John G. Pence and Associates, Inc., CONTRACT APPROVED
<br />for reuse appraisal of a part of redevelopment site for WITH JOHN G. PENCE
<br />Parc 1 No. 4 -30, compensation not to exceed maximum sum AND ASSOCIATES, INC.
<br />of $ 50.00, Project R -66.
<br />On m tion by Mr. Wiggins, seconded by Mr. Chenney, reuse
<br />appraisal contract with John G. Pence and Associates, Inc.,
<br />not to exceed maximum sum of $850.00, was approved and
<br />unanimously carried.
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