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4.
<br />over
<br />Cont
<br />tion
<br />Janu
<br />Citi
<br />COMMUNICATIONS
<br />a. HUD letter dated December 28, 1973: This letter
<br />the signature of Mr. Samuel 0. Blanks, Chief, Processing
<br />•ol and Reports Branch, requests the Semi - Annual Reloca-
<br />Reports be completed and returned to their office by
<br />try 20, 1974. Action year breakouts for NDP and Model
<br />!s are not required.
<br />Mr, ennon advises this is being done by our staff for the
<br />per ending December 31, 1973.
<br />b. HUD letter dated January 4, 1974: This letter
<br />over the sign ature of Mr. Emil Vitucci, Associate Regional
<br />Coun el for Private Market Financing, Chicago Office, re-
<br />ques s the preparation of the financing documents, for the
<br />Firsi Series Project Notes, for Project Indiana R -66. The
<br />bid pening for the Preliminary Loan Notes, in amount of
<br />$10, 00,000.00, was held on January 2, 1974.
<br />Paym nt is requested under our maturing Project Notes, in
<br />amount of $3,431,710.67 (in addition to the proceeds of the
<br />new rroject notes) to be deposited with Bankers Trust Com-
<br />pany, P.O. Box 2579, Church Street Station, New York, New
<br />York 10008.
<br />Mr. Lennon advised the check is being prepared for payment.
<br />The bids received for the First Series Project Notes are on
<br />the Agenda under New Business, 6a.
<br />c. HUD letter dated January 7, 1974: This letter over
<br />the signature of Mr. Woodrin E. Kee, Tctinq Assistant Regional
<br />Administrator for Community Development, advised Requisition
<br />No. 5 for Project Capital Grant Progress Payment, transmitted
<br />with ur letter of November 7, 1973, has been approved in the
<br />amount of $2,575,381.00, for Project Indiana R -66. Our re-
<br />quest was reduced to this amount as $281,590.00 was included
<br />as disbursements in calculating the grant permissible.
<br />Also, Requisition No. 5, for Relocation Grant Payment has been
<br />appro ed in the amount of $145,847.00.
<br />A check, drawn on the Treasurer of the U.S., will be mailed
<br />within a few days directly to the depositary designated and
<br />authorized by LPA, which is to be recorded as a receipt in
<br />the Project Temporary Loan Repayment Fund.
<br />Mr. LE
<br />in li(
<br />audit=
<br />Grant,
<br />SEMI - ANNUAL
<br />RELOCATION REPORTS
<br />FIRST SERIES PROJECT
<br />NOTES, R -66
<br />PROJECT CAPITAL GRANT
<br />PROGRESS PAYMENT &
<br />RELOCATION GRANT PAY-
<br />MENT, R -66
<br />nnon advised we should be receiving an additional amount
<br />u of the reduced amount of $281,590.00, and that our
<br />ng staff is calculating this portion of the Project Capital
<br />
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