English Translation

-210 The subsidy of the City of Iglau will have to amount to 350,000.- K. However, this sum can only be used almost as a Anhalt, since the boiling process is not yet completed and the documents for an immediate inspection are not available. The purchase price of 500,000.-K for the first part of the construction project, which comprises approximately 50,000.m2, will be paid in cash by the construction cooperative at the time of the transfer of the property. The transfer can take place in about 3 weeks. After conclusion of the contracts, which can be carried out approximately in the middle of the next week, these 14 days in Iglau must be made public. During the same period, the necessary approvals of the contracts were obtained by the Oberland-rat of Iglau and the district authority by means of support from the authority of the Reichsprotektor. Thus, the incorporation of the transfer of property could take place in three weeks. It is proposed that the entire building site of 90.o00 m2 be transferred already now. However, the purchase price for the remaining 40,000 m2 is to be reduced subject to a right to buy back the town of Iglau. By transferring the property, the guarantee of the loan granted by the Land Office could be made. For the currently under construction 37 single-family houses are already available over loo interested parties. Rental contracts have not yet been concluded, as the rental rate has not yet yet been established. According to the previous financing plans, a rental price of 540.-K would be required. However, it was found that, taking into account the Iglau conditions, a rent price of 350.- K would be payable. The price for the construction of the houses is 170.Oo0.- K. This includes all construction costs and also any price increases for the time until the completion of the construction, i.e. approx. at the end of June l940, and all costs for the planning, construction management; construction management, construction break- 342)