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<br />ELDERLY HOUSING PROJECT <br />CONTID <br /> <br />CONTRACTURAL AGREEMENT <br /> <br />PURCHASE AGREEMENT <br />FIRST FEDERAL INVESTMENT <br />CORPORATION - ELDERLY <br />HOUSING PROJECT <br /> <br />received because of a vacancy for two <br />months. If it is longer then two months, <br />Mr. Anderson stated that it would probably <br />be the responsibility of the City to pay <br />the payment; however, he did not feel <br />that this would happen. He stated that <br />the Boards want to fill the needs of the <br />people in the City first and secondly, the <br />needs of persons who have families in the <br />City, but at present can not afford to <br />reside in the City. <br />Mr. Conarroe asked if there was auditing <br />of the organization done by the City <br />auditors. <br />Mr. Wurl stated that the portion under <br />LCDC was not, but all that is effected <br />under the City LHA budget will be audited <br />by the City. <br />It was noted that bonds are put up also. <br />Mr. Anderson stated that HUD also audits <br />every quarter. <br />There was a question on the amount of <br />parking at the community center. <br />Mr. Anderson stated that he felt it <br />was fairly good; however, something could <br />be worked out with the architect in the <br />final plans if necessary. <br />Mr. Anderson reviewed the different <br />plans for the interior of the units. <br /> <br />After discussion, Councilman Caranci moved <br />that Council authorize the Mayor to sign <br />the architectural contract. Seconded by <br />Councilman DiLorenzo. Roll call vote. <br />Domenico yes, Caranci yes, DiCarlo yes, <br />DiLorenzo yes, McDonald yes. Motion <br />carried. <br />Mr. Anderson did note that he has spoken <br />with Mr. Wurl in the possibility of turn- <br />ing the 4 plex over to the City which would <br />be City maintained. He stated that there <br />are several items on the landscaping that <br />will still need to be done. <br /> <br />Councilman DiCarlo then moved that Council <br />authorize the Mayor to sign the contract <br />for purchase of land on Regal Street. <br />Seconded by Councilman Domenico. Roll <br />call. Domenico yes, Caranci yes, DiCarlo <br />yes, DiLorenzo yes, McDonald abstained. <br />Motion carried. <br /> <br />6. <br />