|
4. CORRESPONDENCE (Cont'd
<br />Mr. C. Wayne Brownell, Executive Director, Department of Redevelop -
<br />ment, outlined the voucher deductions on HUD Form 1096. HUD granted
<br />us $81,245.00. The interest was $35,883.45 and HUD applied $45,361.55
<br />on our loan, thus reducing the loan from $774,368.16 to $729,006.61,
<br />on our LaSalle Park Contract Indiana R- 57(LG).
<br />Mr. Wiggins made the motion the above letter be received and placed
<br />on file, seconded by Mr. Robinson and carried.
<br />b. HUD letter dated June 22, 1976: This letter, over the signature
<br />of Mr. Stephen J. Havens, Director, Community Planning and Develop -
<br />ment Division, Indianapolis Area Office, advises HUD concurrence
<br />of Change Order No. 3 to Plaza Park Contract No. 1, which increases
<br />the contract amount by $1,489.80 to a total of $201,248.30.
<br />The letter also states they note that no time extension is involved,
<br />and their records indicate that Change Order No. 2 extended the
<br />time 60 days to May 15, 1976, and assume the contract is now com-
<br />plete and Change Order No. 3 will be final. If this is not the
<br />ase, please advise.
<br />r. Brownell stated that we need to advise HUD we have Change
<br />rder No. 4 to this Contract with Nautilus Construction Corporation,
<br />hich was approved by this Commission on May'7, 1976, for a 30 -day
<br />xtension of time, with a contract completion date of June 15,
<br />976, with stipulation as requested by Commission Legal Counsel.
<br />his Change Order No. 4 has not been submitted to HUD as yet.
<br />Ir. Larry Ford, WSJV -TV Reporter, inquired if the contract is
<br />'inished, and Mr. Brownell advised Nautilus had their final inspec-
<br />.ion and they need to revise the ladder on their boat wells some
<br />nd that will take a little time until they get their revision on
<br />t. Also the landscaping needs certain additional things but that
<br />s on Foegley Landscape Design and Contracting, Inc. contract.
<br />r. Wiggins made the motion the above letter be received and placed
<br />n file, seconded by Mr. Cira and carried.
<br />CHANGE
<br />ORDER NO. 3
<br />TO PLAZA
<br />PARK CON-
<br />TRACT 1
<br />APPROVED,
<br />R -66
<br />c. [IUD letter dated June 22, 1976: This letter, over the signature AUDIT
<br />of Mr. Stephen J. Havens, Director, Community Planning and Develop- FINDINGS
<br />ent Division, Indianapolis Area Office, advises their office has 5, 7 & 12
<br />received our sample acquisition binder, and it has been reviewed RESOLVED,
<br />by the Realty Specialist and found to be acceptable. R -66
<br />hey further advise the format established by the LPA, in the sample,
<br />hould be used for all future acquisition activities.
<br />udit Report Findings 5, 7 and 12, for period ending December 31,
<br />974, in Project Indiana R -66, can now be considered resolved.
<br />he Chair requested Mr. Brownell to explain what this is all about.
<br />r. Brownell advised these were three (3) findings on acquisition
<br />hat happened in 1973, and HUD was checking them against regulations
<br />hey now have currently in effect, and the current regulations were
<br />of in effect in 1973. After explaining that, HUD requested we make
<br />- 3 -
<br />
|