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V, <br />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 />01 <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 />• <br />3 <br />