PL PACKET 05171983 (2) - Laserfiche WebLink

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-2- Phase 1, but Mr. Soth said he would anticipate very little risk to be involved, "unless you have missed the cost of the land by a great • deal" . Intense efforts have been taken to negotiate the sale of the property without condemnation, which could take 120 days , Mr. Soth reported, but he added that he would recommend against- actual acquisi- tion without the contract being signed first. Mr. Yurick indicated- the redevelopers have no major problems with the contract and anticipatessigning it and submitting the Letter of Credit before the next H:R.A. meeting. He said he was very optimistic about the project since his company has received. over 200 inquiries about just the 134 units which would be constructed first and he still believes that -project can be started this fall . Since he would be' unable to attend the next Council meeting, May 24th, the Secretary/Treasurer wondered if the H.R.A. meeting could be, scheduled in advance of that date. When this did not appear to be possible , he made the motion, which Commissioner Enrooth seconded, to schedule a Housing and Redevelopmeny Authority meeting for May 24 , 1983 and to direct that it be put into the record that .a special H.R.A. meeting scheduled for May 3rd had been held instead on May 10th . Motion carried unanimously. Motion by Secretary/Treasurer Marks and seconded by Vice Chairman- Letourneau to approve payment of $3,073 . 46 to Westwood Planning & Engineering, Inc. , representing the H.R.A. share of the costs of the Kenzie Terrace Redevelopment Study . Motion carried unanimously . Motion by Commissioner Ranallo and seconded by Secretary/Treasurer Marks to adjourn the Housing and Redevelopment Authority meeting at 8 : 15 P.M. Motion carried unanimously. Respectfully submitted, Helen Crowe , Secretary ^J