Box 5, Folder 8, Document 4

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Box 5, Folder 8, Document 4

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SUBJECT:
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ADDENDJM
DEVELOPMENT CO.MPETITION ON FEDERAL SURPLUS
LAND-TO MEET CRITICAL NEEDS
GAo R-22 - 'THOMASVILLE uREAN·· REDEVELOPMENT AREA
Dear Sir:









This letter constitutes an Addendum to an Invitation to Buy
and Develop land in the Thomasville Urban Redevelopment Area,
Project Georgia R-22, dated Jur.e 10, 1968. The Offering is
an invitation to bid on a development competition e~compassing approximately 96 acres of Federal Surplus L~hd lying in
two parcels designated BB-·l and CC-1. The Offering states
that proposals will be ope!"1ed September 5, 1968. The opening
date is hereby changed to OCTOBER 24, 1968 at 10:00 A. M. at
the offices of the Atlanta Housing Authorityi 824 Hurt Building, Atlanta, Georgia, 30303.
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The Housing Act of 1968 contains provisions which propospective
Redevelopers may wish to use in this competition.
It is anticipated· that most of the pertine r1t detail s concerning this Act,
and particularly Sections 235 and 236, will be knm·m within the
next few weeks.
It is anticipated also that the supplemental
Appropriations Act, funding tha new Sections, will be passed on
or before October 1. We are a~nouncing the new bid opening date
·of October 24, 1968, to provide an opportunity for Re d e velopers
to _submit proposals based on the possibilities provided in the
new Housing Act.
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During the past several weeks a number of prospective Redevel-opers have asked questions, the answers to which we believe
should have general circulation. These an s we rs are to be con.-.. _,,., _
sidered Addenda to the Offering, and are as follows:
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(1) The price for the lai1d offered has b8en question8d.
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In clarification. we point out that it is our desire
that the Redeveloper should have the most complete
freedom possible in ~is approach to land use.
Some
commercial land will ;)c :1.ccessary to. serve the convenience needs of the immediate neighborhood.
We
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Part of this six
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_acres may be utilized fo1- service stations located
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. .. Freeway, which use would increase the value of the
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commercial land grcatl~,.
The commercial usage should


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be subordinate to the shoppi~g center to be built at
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the corner of Morcla n c1 A•.·e,rne and McDonough :Boulevard.
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· :\ 0 _'., \ : \ .It is our bcl icf, s h a::ccl by FaA, that the land for
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\.:/ lowest income hoL1sin 9 shoLi.ld be included in housing
. · ' ..dcveloprtlen·t costs a t -U., c lowest possible value in
order to achieve th:? lowes·t possible rents or sales
prices.
For that reason, we have stipulated that
this land woula be accepted by FSA at a ma x im~m value
of $4-, 500 pc ;::- acre fo;:- s~c+.ion 221 cl (3), Section 235
and Section 236 developmen t s.
The remaining residential land might be acceptable for mortgages under
other pr.og r ar,1 s, incJ.---10 inq convent ional financing, at
a som0~1at higher valu~.
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When t!-1~ fore c_:: oing corisid c! ,-ations are lump e d together,
we arrived at an a v e r a q e p r ic e per acre of $7,650 . We
believe that the Redcv~lope r and his advisers should
_be able to alloca t e val u es to individual portions for
each portion .
We reali7 0. U·,.a t. this (av erage price of
$7,650) approach t o U·,c sale o f land will me an that
the Red e v e lop e r will ~eccl mor e than usual capital since
he will buy r e sick·ntial J.;:i;~. c~. prior to the purchase and
developme nt of th e cor.i~v::: ;.:cial land _ It is our hope
that this disadvan ta,;e will be o u t weighed b y the many
advant age s g a ined b y hr1.vi n9 comp l ete fre e dom to d e v e lop
l and uses fo ~ t h n total arna .
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The Offe r i,1g r cqu i r~:-s d 8 vc l o p me nt o f 3 00 d welli ng u n i t s
ava i labl e t o t-.l-: P. l cwcs t i:.c o ,,,c fani i l i c s .
The wo rding
"l o we st incorni::' f nr,1 i 1 i0s " is c1el i b cra t e, a n d i s in contrast t,) t:·!(' wo rd s J. 0w--r1.:,i1!: pt·, blic holi s ing" .
It is
our belief that the use of Secti o n 221 d(3 ) in its various a~plications, s~ction 235 and/or Section 236,
togAther with use oft~~ Rc ~ t Supplement Program, can
provide for many of t.h.ese fa-::-,,ilies.
It may be that
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Some quantity of low-rent public housing may be
found necessary. Eac}~ prospective Redeveloper
should analyze this phase of the development in
order propc~ly to arrive at a solution.
It is
our hope that no low-rent public hqµsing will be
necessary to meet this goal oi the development.
However, if public housing, either Turn-key or
preferably Leased, is co~sidered necessary, it
s})ould not exceed 50% of the -300 dwellings.
Our analysis of the low-rent public housing situ-}
at ion in Atlar.ta, as it concerns high-rise for
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elderly, leads 1.J.s t:o the conclusion t~1at this
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type of public housing would not be acceptable in
this development.. We do not, however, rule out
high-rise for one and two person families financed
through other programs.
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(3)
After the bid openingJ all proposals will be delivered to a Jury composed of nationally recognized
authorities in the field of housing. The Jury is
being supplied with the same information as that
supplied to prospective Redevelopers.
This Jury
will review all proposals and will select the
successful proposal to recommend to the Housing
Authority Board of Commissioners for the award.
(4)
It should be apparent from the foregoing that the
criteria for judging the proposals will be based
solely on the written information which has been
supplied both to the prospective Redevelopers and
to the Jury.
The types of questions, therefore,
that our staff is prepare d to answer relate to
the methods of submitting proposals rather than
to the contents of the• propo_sals.
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Sincerely yours,
MBS:hcn
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$H EET Z A N D B~ ,\D rrE LO
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Al1ctlll <C TS / lt-; C . / AIA A
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AUG 2 9 1968
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  1. http://allenarchive.iac.gatech.edu/originals/ahc_CAR_015_005_008_004.pdf

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