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5. OLD BUSINESS, CONT. file, motion seconded by Mr. Donaldson and carried. 6. NEW BUSINESS a) Public disclosure of Disposition Parcel 2 -6A: C. Wayne Brownell DISPOSITION made reference to the affidavit of news publication on October PARCEL 2 -6A 27, 1976 and copy of Statement of Public Disclosure of Redeveloper's IND. R -66 Statement filed in accordance with HUD requirements, pertaining PEOPLES FIRS to this disposition parcel 2 -6A, proposed development by Peoples FEDERAL SAV. First Federal Savings & Loan Association, an Indiana Corporation. & LOAN ASSN. Kevin Butler stated that the bid for this parcel was received at the last meeting (October 15, 1976) and the papers were in order. Mr. Wiggins stated that there is a HUD letter under Part 4(c) of the correspondence which refers to this matter. He asked if we should proceed with this on the basis of Mr. Brownell's conversation with Ms. Schmidt of the HUD Area Office. Mr. Butler stated that we cannot accept any money or give a Deed until HUD approves the dis- position of the parcel, in writing. Mr. Brownell then indicated we will pass to the next item on the agenda. b) Resolution No. 537, Parcel 2 -6A, Ind. R -66: C. Wayne Brownell RESOLUTION said this is the resolution authorizing the execution of redevelop- NO. 537 ent agreement for disposition of Parcel 2 -6A to the Peoples ADOPTED First Federal Savings & Loan Assn, an Indiana Corporation and DISPOSITION following passage of this resolution we will forward it to HUD PARCEL 2 -6A as requested. The Chair asked if there were any questions from IND R -66 the press or others in attendance. Mr. Dave Anderson of WNDU asked where this parcel is and Mr. Brownell explained that it is right behind the Katz Building on Main Street and that Peoples First Federal have an option to buy the Katz Building. They propose to raze the building and build a canopy and put in a kiosk there, (Mr. Brownell then displayed the architectural rendering of the proposed development) and stated that the next item on our agenda is a resolution authorizing the execution of -redevelopment agreement for disposition of Parcel 2 -6B to Charles F. Sonneborn, Individual. He wants to buy this parcel (Mr. Brownell indicated on the drawing the parcel of land directly behind Mr. Sonneborn's present location) and he also is interested in another piece of property adjacent to 2 -6B. Jeanne Derbeck asked if the parcel just referred to was the land that Morris Civic wants to buy. Mr. Brownell stated that it is not.the same parcel and if we can get Commission approval then we do not expect any problems with HUD.on this. Motion was made by Mr. Wiggins, seconded by Mr. Cira and carried for the adoption of Resolution No. 537. c) Resolution No. 538, Dis . Parcel 2 -6B, Ind R -66: C. Wayne Brownell RESOLUTION read a letter dated November 4, 1976 from Mr. Charles F. Sonneborn NO. 538-NOT offering to purchase the property designated as 2 -6B, Indiana R -66. ADOPTED Mr. Sonneborn also told Mr. Brownell during a visit to this office OFFER TO that when the deal goes through he wants both himself and his wife PURCHASE IS on the deed. This resolution covers proposition to sell 2 -6B to ACCEPTED Mr. Sonneborn, Individual, as the developer. Mr. Butler asked SUBJECT TO hether we have the Public Disclosure and other documents on this. REVIEW AND 5 _ APPROVAL OF