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110 ge 7.
<br />sugga,
<br />If2rit
<br />Given at Public lie arinC_: June, 17, Ic"y",
<br />PFUU-1 �1DCIAL P.A.C. ADVISOld BORM 1,31132L4G, Jmie 12, 1974
<br />&hcoidaeats to the Redevclo,,pinent Coiauission Neigh:oorhood i)ovc1o1D,--
<br />rra.ra Gui,_iel:Libo .- araft of Jime 11, 1974.
<br />To be &eseatcd to the Coiraiission at theix Public Hearing on cbaday, June
<br />17, 19-*.
<br />1.
<br />2.
<br />3.
<br />fe S t ion S
<br />1,11103...cve =:r the worcls mr "grants" or "gxants" alopear, ';C,rant
<br />arj,31ur loaun" or 1'gXants aand/or lomis" be substitut e-U.
<br />a 1t.er p�raqra-rx' 401, a sqpaxate �uragralah be, a c--,d to
<br />- - I � ain
<br />fully the r-iqlats of lancl contrac:L ;,myers Ta3, ing thei.ii tn::�
<br />eUicjible m1cliPielt, a:n(A s,,,C)t tha seller anl- s a eecalarding their
<br />contract.
<br />b. That p=a ca, 03 be ch,-2ige,,1 to rcad�
<br />n slia.11 k1 c^ Clep.,-:-a-
<br />`1he of the- crant a-n-.3/or loaz Z�l
<br />dmt on threa factors. a slidi-oge scale of fartily siz-::=,,
<br />jilcolaw amd aga, eie .try Y3 of rep cxirs necessaxy, az detco-z-C"ned
<br />by ins-pecticla, and the, dli.scretlon of '1 he A'dvi":"ory
<br />c. In thiz scC: if,,)a, should, c,?Iso be inc!.buaed an of
<br />U-M JC,<In &,Fj Z-1 31 h-jtereSt loal, 4 �A4. 1: jl ijiterest y�,,iid on a
<br />also sujgo.fj:t a 10 yea: ±11
<br />d. V-1a et_lso a sliclujyg scale as atti_--jiec;; to this re-
<br />Port.
<br />Admir.1strative
<br />to �'I: "T,`aose applicat-Lons rece-Lved. aftc,,-, the %
<br />W
<br />si-z: week deadllne will be placed on file for future funding.
<br />b. Also in par,,_igrlaph 41 thcKe should 'be a sentence to the
<br />affect: "All residents of the project area shall be duly
<br />notified of their right to participate and how to apply.
<br />c. In paragraph --!."-,2 should be added.: "The homeowner or his
<br />agent must accomipany the inspecto,,.- throughout- the in-
<br />sPectlon and Ole appeal, prIo-cess rmist be given to the home-
<br />oxvaer at the time of ec tion."
<br />d. In paragraph 14 add to the end of "being appraised":
<br />"Except at the. discretion of the AdvIALSory COUIU11ttee.1,
<br />e. Paragraph #G slaould read;
<br />"Applicnats who ci-,,A satisfy the Advisory Con,21ttee
<br />of their dealo-notrated ab-.�,.Hty to coinnplete the i•ece3sary
<br />rehabilitation work by t-h cats elves witbin a g:L•7cn time
<br />can be e-.zempted from the bulk cox tract' and will be pro-
<br />vided the materials for use in the work. All work will
<br />be subject to ongoing inspections and a final j.u&pection.11
<br />
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