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4. COMMUNICATION'S (Copt'd
<br />Requisition No. 7 for Relocation Grant Payment, same Contract
<br />Project, has been approved, in the amount of'$9,282.00.
<br />Check No. 6,824,073 dated May 5,`1975, has been received, in
<br />the amount of $3,393,294.00, drawn on the Treasurer of the
<br />United States to the depository designated and authorized by
<br />our Agency, for deposit only for Project Temporary Loan,
<br />drawn for: "Repayment. Fund Project IN R -66 Contract Indiana
<br />R- 66(LG)." The check is to be recorded as a receipt in the
<br />Project Temporary Loan Repayment Fund.
<br />Mr. Brownell said what this means is that instead of owing
<br />$10,150,000.00, we will only owe $6,745,000.00, as a result
<br />of getting the Progress Grant Payments above.
<br />President Nimtz further added this has been a result of pro-
<br />longed meetings both by Mayor Miller and Mr. Brownell, and
<br />the staff here, in Indianapolis, Chicago, etc. This is a
<br />tremendous credit that we have received here. Commissioner
<br />Wiggins also added that it will save time and a lot of money
<br />and interest.
<br />In reference to Ms. Derbeck's question if this amount is
<br />what was discussed previously for the Project Notes, and Mr.
<br />Brownell replied the $6,745,000.00 relates to the First Series
<br />1975 Project Notes that we will be canvassing bids on May 20,
<br />1975, discussed udner 4b above, and advertised in The South
<br />Bend Tribune on April 29 and May 6, 1975.
<br />h. International Constructors Company letter dated May 8, 1975:
<br />This letter is over the signature of Mr. James McCutcheon,
<br />President, relating to Block 6 proposed development change,
<br />for Project Indiana R -66. Mr. John C. Fleck, the developers
<br />architect, with Fleck & Hickey, Inc., architects, in LaPorte,
<br />Indiana, brought the letter in this morning and the site plan
<br />for Block 6 revised land use, to present to the Commissioners
<br />and the public in this mornings meeting.
<br />Mr. Brownell read the letter in its entirety. It is summarized
<br />for the minutes.
<br />This is to formally request "Block 6" be offered for bid. If
<br />it is possible to accept the bid subject to later change in land
<br />use designation, we would be happy to bid immediately in order
<br />to accelerate this program. Your serious consideration of this
<br />alternative is requested.
<br />We hereby request a change in land -use designation. A minor
<br />land use change is necessary to permit construction of a motel
<br />and restaurant in addition to the current designation, and to
<br />permit an increase in the number of residential units to a
<br />number in excess of 200 as hereinafter suggested. We under-
<br />stand that your approval of our proposed projects will be re-
<br />quired prior to transfer of title, and must conform to all
<br />zoning requirements then in effect.
<br />PROPOSED
<br />DEVELOPMENT
<br />CHANGE, BLOCK
<br />6, R -66
<br />
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