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South B <br />Regular <br />G'M <br />i <br />C. <br />Redevelopment Commission <br />sting - August 26, 1988 <br />(Cont.) <br />PiMposal. The two low porposals were <br />at capacity and could not handle the <br />work within the time limitations, so <br />the job was awarded to Reese and Sons, <br />the third lowest proposal. Reese and <br />So proposal was within 15% of the <br />co-st estimate done by the Bureau of <br />Fibitsincr. <br />Kolata also noted that the lowest <br />proposal for the work on Laurel St. <br />was more than 15% below the Bureau of <br />Housing cost estimate. Therefore, the <br />job was awarded to the second lowest <br />Upcn a motion by Mr. Combs, seconded <br />by Mr. Donoho and unanimously carried, <br />the Commission approved the loans in <br />connection with the Section 312 Loan <br />Prcgram in accordance with the <br />reccnmiendation from the Bureau of <br />Hot sincr. <br />c & Bonnie Connors <br />Lr do & Olga Garcia <br />yn Thrash <br />Marks <br />C. Kusbach <br />Litta Carr <br />e Jones <br />e & Eva Hunt <br />COMMISSION APPROVED THE LOANS IN <br />CONNECTION WITH THE SECTION 312 <br />LOANS PROGRAM IN ACCORDANCE WITH <br />THE RECONMENDATION FROM THE <br />BUREAU OF HOUSING <br />507 N. Cleveland <br />1229 California <br />1913 Elwood <br />1504 W. Foul <br />749 S. Albert <br />106 S. Chicago <br />1022 Van Buren <br />116 E. Dayton <br />Mr. Leverman explained that the Urban <br />Homesteading agreements require the <br />homesteader to make improvements to <br />the house so that it meets code <br />regtilations within one year and to <br />livo in the house for five years. <br />-7- <br />