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South Bend Redevelopment Commission <br />Regular Meeting -November 6, 2009 <br />5. OLD BUSINESS <br />A. South Bend Central Development Area <br />(1) continued... <br />were constructed elsewhere by Madison <br />Center; therefore, the organization has met <br />the spirit and intent of the plans in the <br />Gonh•act for Sale. Staff recommends that the <br />Redevelopment Commission issue the <br />Certificate of Completion and authorize <br />repayment of the Performance Guarantee in <br />the amount of $48,000. <br />Ms. Jones asked which of the three original <br />parcels on Crescent Street have buildings on <br />them and which are still vacant. Ms. Seng <br />responded that the Center for Children was <br />built on the parcel at the corner of Crescent <br />and Niles. The two smaller parcels front on <br />Crescent and are used as greenspace for the <br />programming offered by the Center for <br />Children. <br />Upon a motion by Mr. Downes, seconded by <br />Mr. Varner and unanimously carried, the <br />Commission approved the Certificate of <br />Completion for Madison Center. <br />6. NEW BUSINESS <br />A. Housing <br />(1) Loan and Grant in connection with the <br />South Bend Home Improvement Loan <br />Program for property located at 2238 <br />Beverly Place. (Diane C. Curneal) <br />COMMISSION APPROVED THE CERTIFICATE OF <br />COMPLETION FOR MADISON CENTER <br />Mr. Inks noted that the loan is in the amount <br />of $6,600. The grant is 56,399.25. <br />