HomeMy WebLinkAboutRM 11-03-603 November, 1960
11 :00 A.M.
REDEVELOPMENT COMMISSION
Redevelopment Commission Office
129 West Colfax Avenue
The meeting was called to order by Mr. Fred J. Helmen, President.
Commissioners present ard answering to roll call:
Mr. Fred J. Helmen, President
Mr. Clyde E. Williams, Sr., Vice President
Mr. James G. Louis, Secretary
Mr. Frank G. Koczan
Mr. Virgil A. Place
Absent:
None
The Presid nt declared a quorum present.
Also present:
Mr. Henry Sucher, Executive Director
Mr. James H. Neidigh, Assistant Director
Mr. Frederick K. Baer, Attorney
Mr. Edward J. Bielicki, Relocation Supervisor
Mr. C. C. Fry, Negotiator
Mr. Edgar D. Seyboid, Assistant Executive Secretary,
South Bend Civic Planning Association, Inc.
®IF MILMi1U'ITIE S
On motion duly made, seconded and unanimously carried, the minutes of
the meeting of October 20, 1960 were approved as read, and the following
bu iness was discussed:
II Al
01F 01PUROW AGIR ENNNI S;
Th Commission reviewed the Option Agreements signed by property owners
in a Sample Street Project Area - Project No. Indiana R -7.
4-
motion made by Mr. Louis, seconded by Mr. Williams and unanimously
3d, the Commissioners approved the following 21 Option Agreements on
d Numbers: 1 -11, 10 -11, 2 -10, 11 -6, 9 -15, 16 -7, 2 -14, 11 -4, 15 -1,
,16 -2, 8 -20, 16 -9, 16 -6, 3 -7, 13 -5, 13 -4, 12 -5, 1 -12, 2 -21, 4 -2.
- 1 -
III .
or MILLS
1440 01 AC -54 Options - Partial payment of 21 parcels
at $10.00 each $210.00
On m tion made by Mr. Place seconded by Mr. Koczan and unanimously
appro ed, the claims for payment totaling $210.00 were endorsed by the
Com ission.
I V. IIffiWili��'ID�1Bl�7TS;
V.
VI.
Mr. elmen reported the maturity of $200,000 in 30 -day U. S. Treasury
Bills Required procedure for reinvestment would be to handle the trans-
action as a new purchase rather than an automatic renewal.
On motion made by Mr. Williams, seconded by Mr. Koczan and unanimously
carried, the Commission agreed to reinvest $200,000 for another 30 days in
U. S Treasury Bills.
RES ILUJIMON
The Commission discussed allowing a rent free period to the property owners
in the Sample Street Project Area - Project No. Indiana R -7., following the
closiAigs of real estate purchases by the Commission.
On motion made by Mr. Louis, seconded by Mr. Place, and unanimously
pass d, the Commission adopted a resolution entitling each property ownertp
rent f -ee occupancy for a period of fifteen (15) days from the date of closing.
Resol tion No. 26 is hereby attached and made a part of these minutes. This
resol tion supersedes all previous res- olutions.
S; R IE POIRY
The Commission was given a report on the first closing of property First
acqui ed in the Sample Street Project Area - Project No. Indiana R -7. Closing
Negol iations were completed on Parcel No. 5 -1 at the office of the
Attorney, Mr. F. K. Baer, on November 1, 1960.
Mr. Sucher informed the Commission that the first 221 FHA Mortgage Reloca-
Insur nce has been issued for existing housing to one of the dis - tion
placed families from the Sample Street Project Area.
- 2 -
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The
Con
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mitt
Mr.
sub:
litic
Commission held a discussion on the specifications of
tract Documents for Demolition. It was suggested by
Helmen that the Commissioners and the Demolition Com-
ee submit their comments and proposals in writing to
Sucher, who will coordinate same with Mr. Baer for their
nission of recommendations for final approval of the Demo -
m Committee and the Commission.
Demolition
Contracts
On motion ade by Mr. Louis, seconded by Mr. Williams and unanimously carried,
the meetinj adjourned at 11:55 a.m.
I.
sfce�t Mr. a Louis, Secretary
for
awl.solwna SIN N0, 26
W H ER E A S , certain Option Agreements (Forms No.. RO 104) used
of real estate in the Sample Street Project Area (Indiana R -7)
have heretofore been approved by the Redevelopment Commission, and
WHEREAS, said Option Agreements provide that owner- occupants
of real estate shall pay a rental for said real estate commencing one day
after the sale thereof to the City of South Bend, and
WHEREAS, the South Bend Redevelopment Commission now desires
to bri #g into effect a uniform policy with respect to such rental payments by
all owner- occupants a rent free period of fifteen days after sale, and
WHEREAS.. the South Bend Redevelopment Commission now desires
to amond all executed Option Agreements for the Sample Street Project Area
It
i NOW, THEREFORE, on motion duly made, seconded and unani-
mousl passed, it was
RESOLVED: That all owner- occupants of the Sample Street Project
Area selling their real estate to the City of South Bend for the use and benefit
of its Department of Redevelopment, may have a fifteen (15) day rent free
of occupancy after such sale.
FURTHER RESOLVED.- That the provisions of the foregoing resolu-
tion bo incorporated in all new Options and in all Option Agreements previously
by the South Bend Redevelopment Commissioners; and such changes
in Option Agreements previously executed are hereby given full retroactive
129
(UAL)
ATTEST:
ADOPTED at the regular meeting of the South Bend Redevelopment
sion held on November 3, 1960, at the office of the Commission,
Colfax Avenue, South Bend, Indiana.
SOUTH BEND REDEVELOPMENT COMMISSION,
GOVERNING BODY OF THE CITY OF SOUTH BEND,
DEPARTMENT OF REDEVELOPMENT