Report And Decision On Application for Approval of the Redevelopment Project And Consent to the Formation of Buse Boston, Inc

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Cost of the Project . The cost of the Project appears to have been realistically estimated in the Application. The Project is practicable. Action to obtain the approval of the project by the Federal Housing Authority is well advanced and under the proposed financing vehicle (Section 221 (d) (3) 100% financing is to be obtained. All funds which will be required, in addition to those to be obtained from Federal Housing Administration insured mortgage financing, are available.
F. Master Plan . The
... Project does not conflict with the Master Plan of the City of Boston. In resolutions adopted by the Boston Redevelopment Authority on March 15, 1963, and in approving the Washington park Urban Renewal Plan, - 5 - it was found and determined that such plan conforms to the General Plan as amended for the locality. The Project conforms to the Washington Park Urban Renewal plan.
G. Effect of Project . The Project will not be in any way detrimental to the best interests of the public or the City or to the public safety or convenience or be incon- sistent with the most suitable development of the City.


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