SM 07-10-75 - Laserfiche WebLink

Home Browse Search

SOUTH END REDEVELOPMENT COMMISSION SPECIA MEETING: July 10, 1975 Page 4. people, and each of them does have a reputation both with respect to integrity, and business and professional ac- complishment. Basically, these are substantial people in the community, and we are dealing, we think, with a real bid. HUD Form 6004, which is the HUD public disclosure form, has been sent to the Indianapolis Office of HUD for their review and we would anticipate a response within three weeks to that. Mr. Brownell and I propose that the Redevelopment Commis- sion authorize us to continue our discussions with the St. Joseph River Bend Development Corporation to try to work towards an acceptable redevelopment contract to be pre- sented to the Redevelopment Commission, and also we will be talking with International Constructors Company to pursue their development plans, and also with our con- sultants, Real Estate Research Corporation, in order to determine the various alternatives that we do have with respect to Block 6, so we can make appropriate recommenda- tion. We asked for this meeting so that we could report to the Commissioners as to the occurrences of the past week, and also so that the Commissioners would have the oppor- tunity to ask specific questions of the redeveloper and of Mr. Brownell and myself, before we get into any further discussions and negotiations. The Chair thanked Mr. Butler, greeted Mr. Taylor, spokesman for the St. Joseph River Bend Development Corporation, who arrived at this point, and called on Mr. C. Wayne Brownell, Executive Director of the Department of Redevelopment, if he had anything further to say in regard to the housing situation, how that is involved in this. Mr. Brownell added: Several groups of people have bid, we understand, under Section 8, to HUD. Several groups are trying to get the site in Block 6- -about two acres - -and also some groups are bidding on other locations in the downtown area. No one, of course, knows what HUD's decision will be on those bids. Mr. Taylor is here for the purpose of representing the bidder and answer any questions you might have. The one group that is working with them is the Oxford Development Group on the Section 8 housing. I understand they made a bid on Section 8. Supposedly, several other bids are being made on Section 8, but we have no information as to how many people bid or whom HUD will accept.