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MEMORANDUM <br /> DATE: April 14, 1999 <br /> TO: Chair & Commissioners, HRA <br /> FROM: Michael Morrison, Executive Director <br /> • ITEM: KENZIE TERRACE REDEVELOPMENT PROJECT <br /> In 1995 and 1996, the City amended their redevelopment plan to redevelop <br /> properties along Kenzie Terrace and Lowry Avenue. 2542 Kenzie Terrace is <br /> for sale. <br /> The City set aside $1.3 million for the purchase and demolition of the <br /> properties. The attached resolution proposes to purchase 2542 Kenzie Terrace <br /> for $94,000.00. <br />