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South Bend Redevelopment Commission <br />Rescheduled Regular Meeting —July 3, 2003 <br />6. NEW BUSINESS <br />A. Tax Abatements <br />(1) continued... <br />Mr. Axelberg replied that is is. It's the Alro <br />Steel Building; and it should look a lot better <br />shortly. <br />Upon a motion by Mr. Kahn, seconded by <br />Mr. Blake and unanimously carried, the <br />Commission approved Resolution No. 1985 <br />approving an application for real property <br />tax deduction for property located at 2025 S. <br />Main Street. (Axelberg & Axelberg, LLC) <br />Ms. Greene confirmed with Mr. Axelberg <br />the actual tax deduction is granted by the <br />Common Council. <br />Mr. Axelberg stated that he understood and <br />appreciates the Redevelopment <br />Commission's continued support. <br />B. Housing <br />(1) Commission approval requested for Loan <br />and Grant in connection with the South <br />Bend Home Improvement Loan Program <br />for property located at 230 E. Dayton <br />Street. (Virginia J. Young) <br />Mr. Rock advised that the loan is in the <br />amount of $3,400 and the grant is in the <br />amount of $7,500. <br />Upon a motion by Mr. Kahn, seconded by <br />Mr. Blake and unanimously carried, the <br />Commission approved the Loan and Grant <br />in accordance with the South Bend Home <br />Improvement Loan Program for property <br />located at 230 E. Dayton Street.. (Virginia J. <br />Young) <br />7 <br />COMMISSION APPROVED RESOLUTION NO. 1985 <br />APPROVING AN APPLICATION FOR REAL <br />PROPERTY TAX DEDUCTION FOR PROPERTY <br />LOCATED AT 2025 S. MAIN STREET. <br />(AXELBERG & AXELBERG, LLC) <br />COMMISSION APPROVED THE LOAN AND GRANT <br />IN ACCORDANCE WITH THE SOUTH _BEND HOME <br />IMPROVEMENT LOAN PROGRAM FOR PROPERTY <br />LOCATED AT 230 E. DAYTON STREET. <br />(VIRGINIA J. YOUNG) <br />