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<br />. <br /> <br />nomination was seconded by Commissioner Coil. Commissioner <br />Mack then moved that the nominations be closed and that a <br />unanimous ballot be cast for Commissioner Nalle to serve as <br />Chairman of the Commission for the ensuing year. The motion <br />carried unanimously (5: 0), and Commissioner Nalle. having <br />been declared Chairman. asswned the chair. <br /> <br />. <br /> <br />Chairman Nalle then nominated Commissioner Coil to serve as <br />Vice Chairman of the Commission. Commissioner Newcomb <br />seconded the nomination and further moved that the <br />nominations be closed and that a unanimous ballot be cast <br />for Commissioner Coil to serve as Vice Chairman of the <br />Commission for the ensuing year. The latter motion was <br />seconded by Commissioner Mack and carried unanimously (5:0). <br />Commissioner Coil waS then declared to be Vice Chairman of <br />the ColIIDission for the ensuing year. <br /> <br />GRIEVANCE FOR RELOCATION ASSISTANCE PAYMENT <br /> <br />Chairman Nalle asked the Assistant Director of Redevelopment <br />to make staff' s presentation supporting the recommendation <br />for denial of the appeal of Green's Furniture to receive <br />additional funds for relocation assistance. <br /> <br />The Assistant Director <br />following statement: <br /> <br />of <br /> <br />Redevelopmen t <br /> <br />then <br /> <br />read <br /> <br />the <br /> <br />. <br />. <br /> <br />"In August 1982. we received a claim for relocation <br />assistance from Mr. Richard L. Riemer representing <br />Green's Furniture in the amount of $237.170.00. A copy <br />of the claim is in your packet. We have responded to <br />Attorney Riemer's request to each of the issues in the <br />claim and reasons for our denial." <br /> <br />. <br /> <br />"several years ago the Redevelopment Agency began <br />planning for the development of the second Street Mall. <br />This effort resulted from concepts provided by Bissell <br />and August in their 1976 plan for the redevelopment of <br />the Downtown. Beginning in approximately 1976-77, the <br />Agency staff began discussions with Mr. Billy Greenberg <br />regarding the rehabilitation of the Grand Central <br />building which would face the southern half of the <br />mall. These discussions led to the actual drafting of <br />an agreement between the Agency and Billy. <br />Subsequently. we found that the property was actually <br />owned by Barry and Evelyn Greenberg. the paren ts of <br />Billy Greenberg. In 1979. the Agency proceeded to <br />construct the second Street Mall and formulated a Major <br />Commercial Rehabilitation Loan Program with Wells <br />Fargo. In addition, Agency staff proceeded to assist <br />Mr. and Mrs. Greenberg in getting a 312 HUD loan in the <br />amount of $250,000 to add to the Wells Fargo loan of <br />approximately $650,000. The major impediment to the <br />Greenberg's moving ahead with their planned rehabili- <br />tation of the Grand Central building was a long-term <br />lease with their son. Billy, which called for a low <br />rate of return which would not sustain the debt service <br />on the cost of rehabilitation. In order to .ake the <br />monthly payments on the new loans, Billy would have to <br />pay a higher monthly rent than his lease called for or <br />vacate the portion of the Ikand Central building which <br />he occupied so that it could be reoccupied by a tenant <br />who was willing to pay a higher rent. We felt this was <br />a matter between the father and son who we had worked <br />wi th for .everal year. on this project and left it as <br />strictly a f8lllily .atter. In December of 1980. the <br />Greenberg. decided to proceed with the rehabilitation <br />of the building with loan funds provided from Wells <br />Fargo Bank and BUD." <br /> <br />. <br /> <br />2. <br /> <br />EXHIBIT "D" <br /> <br />3A <br /> <br />J~ <br /> <br />17-1~ <br />