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-2- <br /> The H.R.A: decision was to proceed with -the Purchase-Agreement as long as it was <br /> made contingent upon securing a. redevel-oper. Mr. . .Soth said -he perceived that, • <br /> if the Walbons would accept -that contingency, they would probably not object too <br /> ...-strenuously to-.the: addition of the rezoning of t.he.-.property: and 'a Redevelopment :. <br /> and Tax Increment Plan as well . <br /> Mr. Krier then 'recommended he and Mr. Childs be- authorized to take proposals from <br /> developers which could be presented for H.R.A. consideration at the December 18th <br /> meeting. The Executive Director said that would give him time to inform the <br /> Planning :Commission of the latest developments in the Walbon matter during their <br /> December 11th meeting. Mr. Childs also suggested the acquisition be financed <br /> internally by the City and that the 202 funding be incorporated for bonding when <br /> .the 202 funding is available. Mr. Soth agreed that the property would have to ,be <br /> bought by the City, not the H.R.A. <br /> Motion by Councilman Enrooth and seconded by Councilman Ranallo to adjourn the <br /> St. Anthony Housing and Redevelopment Authority at 10:50 P.M. <br /> Motion carried unanimously. <br /> Respectfully submitted, <br /> Helen Crowe, Secretary <br /> • <br />