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-2 - <br />Phase 1, but Mr. Soth said he would anticipate very little risk to <br />be involved, "unless you have missed the cost of the land by a great <br />deal". Intense efforts have been taken to negotiate the sale of the <br />property without condemnation, which could take 120 days, Mr. Soth <br />reported, but he added that he would recommend against actual acquisi- <br />tion without the contract being signed first. <br />Mr. Yurick indicated the redevelopers have no major problems with the <br />contract and anticipates signing it and submitting the Letter of Credit <br />before the next H.R.A. meeting. He said he was very optimistic about <br />the project since his company has received over 200 inquiries about <br />just the 134 units which would be constructed first and he still <br />believes that project can be started this fall. <br />Since he would be unable to attend the next Council meeting, May 24th, <br />the Secretary/Treasurer wondered if the H.R.A. meeting could be <br />scheduled in advance of that date. When this did not appear to be <br />possible, he made the motion, which Commissioner Enrooth seconded, <br />to schedule a Housing and Redevelopmeny Authority meeting for May 24, <br />1983 and to direct that it be put into the record that a special H.R.A. <br />meeting scheduled for May 3rd had been held instead on May 10th. <br />Motion carried unanimously. <br />Motion by Secretary/Treasurer Marks and seconded by Vice Chairman <br />Letourneau to approve payment of $3,073.46 to Westwood Planning & <br />Engineering, Inc., representing the H.R.A. share of the costs of the <br />Kenzie Terrace Redevelopment Study. <br />Motion carried unanimously. <br />Motion by Commissioner Ranallo and seconded by Secretary/Treasurer <br />Marks to adjourn the Housing and Redevelopment Authority meeting <br />at 8:15 P.M. <br />Motion carried unanimously. <br />Respectfully submitted, <br />Helen Crowe, Secretary <br />