Box 3, Folder 7, Document 70

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Box 3, Folder 7, Document 70

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IMPROVED

Single-family Residential
BUILDING LOTS

(One Suitable For Duplex)

to be sold singly or in groups

FOR
SALE

on a competitive basis

University Center

URBAN REDEVELOPMENT AREA
Project Georgia R-11

PROPOSALS TO BE OPENED
March 20, 1969, at 10:00 A.M.

ATLANTA HOUSING AUTHORITY
824 Hurt Building
Atlanta, Georgia 30303
404/523-6074
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CHES TRUT

NOTE: The minimum prices as shown
have been established as the amounts
that will be attributed to the land for
FHA mortgage insurance purposes
subject to outstanding underwriting
instructions, and will represent the fair
market values of land for use in cost
certification, when required.















MOREHOUSE COLLEGE





PARCEL PRICE
57 SUITABLE FOR DUPLEX $2,050
62 700







ATLANTA




UNIVERSITY










__ LOCATION:
In Southwest Atlanta . .. less than 2 miles
from the center of Atlanta’s main business
district.

This offering is composed of 7 residential
building lots with varying lot areas. One is
suitable for a duplex.

_ IMPROVEMENTS:





Paved Streets Electricity

Concrete sidewalks Elementary school
Sanitary Sewer Proposed park
Storm Drainage Commercial facilities
Water Natural gas
RESTRICTIONS:

Single Family Floor Area: 810 sq. ft.
Duplex Floor Area: Dependent upon number
of bedrooms.

ZONING:

Parcels 57, 62, 78, 79 zoned A-1; Parcels 75,
76, 77 zoned R-7.

PROPOSALS ARE
NOT COMPLICATED

The Atlanta Housing aiden will aciptp all
necessary proposal forms, and will gladly
answer questions concerning the method of
making your proposal. Minimum prices have
been established on these lots and no proposal
with a purchase price less than those shown in
this folder will be considered.

Proposals on one or more of these parcels are
to be opened in the office of the Atlanta Hous-
ing Authority on March 20, 1969, at 10:00
A.M. If acceptable proposals for all of these
tracts are not received, the Authority will con-
tinue to receive proposals and to open them
as received for a period of twelve months or
until all of the tracts are sold. Proposal forms,
survey plats and complete details are available
on request.
URBAN REDEVELOPMENT
PROTECTS THE FUTURE
OF YOUR INVESTMENT

In any Urban Redevelopment Area, no proposal
can receive consideration that contemplates an
unpermitted use. This assures good neighbors and
permanence of values. All proposals must include
a statement by the redeveloper showing financial
responsibility and capability to successfully com-
plete the proposed improvements set forth in
preliminary drawings and a narrative description.
These are carefully considered before a determina-
tion is made as to which proposal is to be accept-
ed. The Agency will accept such proposal, if any,
as it deems to be in the public interest and in
furtherance of the purposes of the Georgia Re-
development Law; however, no proposal for pur-
chase at a price less than the established minimum
price will be considered. In evaluating the pro-
posals, the Agency will consider the proposed
price to be paid for the land; the compatibility
of the proposed development to other existing
and planned improvements in the area; the ex-
cellence of the proposed design and the quality
of the overall planning of the proposed develop
ment; and the size of the proposed development,
particularly as it relates to effect on the tax digest.
These tracts are in a protected area - this is funda-
mental to the whole basic concept of Urban

Redevelopment.

BROKERS PROTECTED
Ask about tracts in other Atlanta Urban

Redevelopment Areas,

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