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PL PACKET 03151988
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PL PACKET 03151988
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Last modified
12/30/2015 3:37:14 PM
Creation date
12/30/2015 3:36:57 PM
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SP Box #
15
SP Folder Name
PL PACKETS 1988
SP Name
PL PACKET 03151988
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1 Mr. Soth suggested that what the H.R.A. needs from each developer is <br /> 2 an indication of what would give an "edge" to one or the other. Mr. <br /> 3 Krier believes if we ask for too much money, both companies "would <br /> 4 walk" and that in actuality the commitment to this project by the <br /> 5 developer is for $8 million, not just the $700,000 for the land. <br /> 6 Finally, it was suggested that the developers realize that the H.R.A. <br /> 7 is interested in doing the deal with someone who will put up enough <br /> 8 money to prove their interest. <br /> 9 ADJOURNMENT <br /> 10 Motion by Ranallo, seconded by Marks to adjourn the H.R.A. meeting at <br /> 11 10: 25 P.M. <br /> 12 Respectfully submitted, <br /> 13 Connie Kroeplin, Acting Secretary <br /> 14 :cjk <br /> 15 <br /> 3 <br />
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