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7. 40MMUNICATIONS (Cont'd) <br />reuse zppraisals on this land before it is offered for sale, <br />which vill take from 30 to 45 days. Commission authoriza- <br />tion tc advertise and the establishment of a minimum bid <br />price would be requested after that date. <br />Mr. Wiggins moved this letter be received and placed on <br />file, and the Executive Director instructed to secure re- <br />use ap risals on property designated at Block 6. Said <br />motion was seconded by Rev. Williams, and unanimously <br />carrie . <br />E. HUD telegram dated December 12, 1972: This tele- CONFIRMATION OF <br />gram is over the signature of Mr. Steven J. Hans, Area PART II LOAN & GRANT <br />Director, stating Part II Loan and Grant Amendatory ap- AMENDATORY APPROVAL, <br />proved for LaSalle Park Urban Renewal Project Indiana R -57, R -57 <br />approves Federal Grant allocation of $4,433,738. <br />Mr. Ta for said this is final confirmation of the notice <br />we relived in June from HUD that this amount was alloca- <br />ted. <br />Mr. ChInney moved this telegram be received and placed on <br />file, seconded by Mr. Wiggins, and unanimously carried. <br />8. OLD BUSINESS <br />9. NEW BUSINESS <br />a. Disposition Parcel Nos. 2 -13, 4 -30, 4 -31, 4 -32 <br />and 4 -4 :Commission authorization was requested to advertise <br />these parcels for sale, with bid opening date of February 2, <br />1973, at 10:30 A.M., E.S.T., and establish minimum bid price, <br />R -66. <br />Parcel <br />No. <br />Square <br />Feet <br />Minimum Price <br />-13 <br />40,215 <br />@ <br />$ 3.985 <br />$ 160,257.00 <br />-30 <br />21,597 <br />@ <br />18.00 <br />388,746.00 <br />-31 <br />14,508 <br />@ <br />14.00 <br />203,112.00 <br />1-32 <br />53,246 <br />@ <br />8.785 <br />467,766.00 <br />-42 <br />21,950 <br />@ <br />18.00 <br />395,100.00 <br />Mr. Tayl <br />above pa <br />Inc., on <br />Counsel <br />Total $1,614,981.00 <br />r said we are asking for approval to advertise the <br />cels. We have received a bid from Office Engineers, <br />Disposition Parcel 4 -30A and referred it to Legal <br />or review and recommendation. We are suggesting <br />ADVERTISING APPROVED <br />FOR DESIGNATED PARCELS, <br />R -66 <br />