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6. NEW BUSIOESS (Cont'd) <br />Mr. Wiggins oved the above - stated Option Agreements be <br />accepted and the President be authorized to sign. Motion <br />was seconded by Mr. Wade and unanimously carried. <br />0. Rehabilitation Grant: Authorization was re- ONE (1) REHABILITATION <br />quested for one 1 Rehabilitation Grant, in the LaSalle GRANT APPROVED, PARCEL <br />Park Urban Renewal Program, R -57, for Parcel No. 36 -4, .NO. 36 -4, R -57 <br />located at 210 S. Kenmore Street, in amount of $3,500.00. <br />On motion by Mr. Wiggins, seconded by Mr. Wade, the <br />above` - stated Rehabilitation Grant was authorized, and <br />motion unani ously carried. <br />p. Resolution No. 369: This Resolution authorizes: RESOLUTION NO. 369 <br />the filing of an Amendatory Application for Loan and APPROVED, R -57 <br />Grant for Pr ject, Ind. R -57. <br />Mr. L. Glenn Barbe, Associate Director, advised the <br />application for an Amendatory Loan and Grant Contract <br />for the LaSalle Park Project was submitted to HUD under <br />date of July 23rd. Commission approval is` requested <br />and the President and Assistant Secretary authorized <br />to sign the esolution. <br />President He men asked how much money we are asking <br />for? Mr. Ba be advised it was in excess of One .Million <br />Dollars of F deral money. A discussion followed on a <br />complete breakdown of the budget and the reasons for <br />the over -run, with HUD's approval. This is the final <br />amendatory t close. the Project. The target date for <br />extension is June 1 of next year. <br />After the di cussion a motion was made by Mr. Wiggins, <br />seconded by Ar. Wade, to approve Resolution No. 369, <br />which authorizes the filing of an Amendatory Applica- <br />tion for Loan and Grant for Project, -Ind. R -57. Motion <br />was unanimou ly carried.. <br />q. Res <br />the acceptan <br />tion of Rede <br />and execution <br />Parcel Nos. 1 <br />Ind.. , in the <br />R -57 Projec . <br />Mr. Wiggins <br />370, second <br />r. Res <br />acquisition <br />the mailing <br />fold owong pa <br />Project, R -6 <br />lution No. 370: This Resolution authorizes. <br />e of bid for.land and authorizes the execu <br />elopment Agreement for disposition of land <br />of Warranty Deed for transfer of title on <br />3 -17 and 1/2 of 13 -18 to Valley Real Estate, <br />amount of $562.00, South Liberty Street, <br />ved for the adoption of Resolution.No. <br />by Mr. Wade, and unanimously carried. <br />lution No. 371: This Resolution relates to <br />f property by condemnation and authorizes <br />f 10 -day notices of condemnation for the <br />cels, in the Central Downtown Urban Renewal <br />-13 -G <br />RESOLUTION NO. 370 <br />APPROVED, R -57 - <br />RESOLUTION NO. 371, <br />APPROVED, R -66 <br />