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John: This is a follow-up question to our discussion earlier this week <br />regarding a property acquisition issue (Razzmatazz Club) in Paris, <br />Texas. <br />The property in question, as you know, is located adjacent to an <br />existing <br />PHA site. Following our meeting, I traveled to Paris to discuss this <br />project with city and PHA officials. One of the issues we discussed was <br />the overall budget of $200,000 which may or may not be sufficient for <br />acquisition, demolition, and new construction. This depends on the cost <br />to <br />acquire which city officials fear could be very high. <br />Anyway, the city is concerned that if acquisition eventually ends up <br />through the eminent domain process, and the court determines that the <br />value <br />of the property is such that it exceeds the grant funds available, could <br />the city opt to not follow through with the acquisition and drop the <br />project? Once the city is engaged in the condemnation proceedings, does <br />this mean that the city is locked in to acquire at whatever cost the <br />court <br />determines? <br />If you could provide some guidance on these questions, I will respond to <br />the city. City officials appear very willing to move on this project <br />but <br />because they have no idea what the value of the property is, officials <br />want <br />to be aware of their options if the project cannot be done totally with <br />CDBG funds. The city will not make local funds available for this <br />project. Thanks. <br />Art Zavala <br />