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4. <br />PORT OF TRUSTEES MEETING OF THURSDAY, AUGUST 1; 1974 (Cont'd <br />PRESIIDENT FRED J. HELMEN: <br />ith F. Jay present on the Board, everything will be in good <br />ands. <br />MR. (CHARLES F. LENNON, JR. <br />ou also have the staffs high regard and we have enjoyed working <br />ith you. <br />ery dollar we receive as planners, we are able to generate <br />3.00 in return. Your figure of $182 Million is what has gone <br />rough your hands and the Commission's hands, along with private <br />nds. <br />he assessed valuation is astronomical as to when you came in, <br />n '58. <br />5. (COMMUNICATIONS <br />a. HUD letter dated July 17, 1974: This letter, over the CONTRACT INDIANA <br />signature of Mr. Thomas P. McNally, Area Counsel, requests the R- 66(LG), THIRD <br />Rede elopment Commissioners consider the proposed third amendatory AMENDATORY <br />cont act for Contract Indiana R- 66(LG), and, if approved, to adopt <br />a re olution authorizing and directing the local execution. <br />Mr. ennon advised this item is on the agenda, under "New Business, <br />7c, �esolution No. 494. <br />HUD letter dated July 17, 1974: This letter, over the CONTRACT INDIANA <br />signature of Mr. Thomas P. McNally, Area Counsel, also requests: A- 10(LG), SECOND <br />the ledevelopment Commissions consider this proposal - -the second AMENDATORY <br />prop sed amendatory contract for Contract Indiana A- 10(LG), and, <br />if a proved, to adopt a resolution authorizing and directing the <br />loca execution. <br />This item is also on the agenda, under "New Business, 7b, Resolu- <br />tion No. 493. <br />. HUD letter dateed July 18, 1974: This letter, over the OUTDOOR ADVERTIS- <br />sign ture of Mr. James E. Armstrong-,-Area Director, outlines and ING SIGNS & DIS- <br />give a clarification of HUD.policy regarding compensation for PLAYS <br />outd or advertising signs and displays. <br />Mr. ennon advised this is just official notification to all <br />Publ'c Agencies; however, at the present time, this does not <br />effe t any of our property. <br />Local <br />