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COMMIS$IONER'S REGULAR MEETING <br />Friday` July 21, 1978 <br />6. NEW BUSINESS (CONTINUED) <br />M <br />Mr. Wiggins moved for approval of a 312 Loan Application for <br />Elworth & Rosa Perkins, 725 E. Wenger, in the amount of $9,650.00, <br />and for approval of a 312 Loan Application for Anna Marie Nemeth, <br />1719 S. Catalpa, in the amount of $7,550.00, seconded by Mr. Robinson, <br />and it was carried. <br />7. PR9GRESS REPORTS <br />Mr Brownell: I have mentioned to you that HUD is going to pay off the <br />notes in New York, and the money the City owed us has been repaid. We <br />have also paid off all the claims for relocation. Everything is in order <br />as far as I know for the close -out, and I have prepared _a close -out <br />agreement. Attached to the close -out agreement is an exhibit listing <br />the real estate that is unsold in Ind. R-66, a map showing where the <br />real estate is, and also an inventory of all personal property, including <br />desks, chairs, etc. I have shown this agreement, and exhibit to Mr. Butler, <br />and he agrees that it is in order. I have also shown a copy of the <br />ag eement and exhibit to Mr. Carl Ellison to see if he had any suggestions. <br />As you know, the notes are to be paid off on the 18th of August; I presume <br />we will be talking to HUD before that date. <br />I lave also talked to HUD about two other things ... one is the revision of <br />ouy budget, and they said they had been so busy that they hadn't had a <br />chance to read our revisions that we proposed; and that they would start <br />wo king on it this coming Monday, July 24, 1978, when Ms. Jeanne Meggs <br />returns back from her vacation, and at that time would let us know. <br />Th. other item is a matter of waiving the audit, and we have asked HUD <br />to either have an audit by the CPA firm that did our last audit, or they <br />co ld waive it. We have not received a reply from them on this matter yet, <br />be ause the Area Office has not received a reply from their Regional Office. <br />I asked them, "What do you want me to do up here ? ", and they replied; <br />"J st sit quiet and don't do anything until you hear from us." So at <br />th s point, I am just waiting for news from HUD. <br />FLOOR LDISCUSSIONS <br />Mr. Nimtz: We have quite an assemblage here this morning as I see <br />Mr. Kagel, Mr. Soltesz, and our good friend Mrs. Allen; is there some <br />pa ticular significance? <br />Mr. Kagel: We are just in out of the weather. I was very interested in <br />a omment that Mr. Brownell made here a few minutes ago about the "close- out ".. <br />Do s that "close -out" the Redevelopment Commission? <br />Mr.1 Brownell: Oh no, it only closes out Project R -66. <br />Mr. Kagel: So there is no misunderstanding that you are now going to <br />to n the desks over -- upside down, close the doors, etc.? <br />1W1 <br />