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12-20-02 Redevelopment Commission Minutes
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12-20-02 Redevelopment Commission Minutes
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(5) Commission approval requested for <br />Satisfaction of Obligations and Release of <br />Mortgage for property located at <br />1349 E. Dubail. (Daniel J. Kois) <br />Mr. Inks advised that all obligations under <br />the Real Estate Mortgage and Security <br />Agreement related to the Rental Rehab loan <br />for 1349 E. Dubail have been waived or <br />satisfied and the mortgage may be released. <br />Upon a motion by Ms. Jones, seconded by <br />Mr. Faccenda and unanimously carried, the <br />Commission approved the Satisfaction of <br />Obligations and Release of Mortgage for <br />property located at 1349 E. Dubail. <br />(Daniel J. Kois) <br />(6) Commission approval requested for <br />Certificate of Waiver for property located <br />at 1526 Webster in connection with the <br />Rental Rehab Program. (Daniel J. Kois) <br />Mr. Inks reported that under the Rental <br />Rehab loan program ten percent of the loan <br />is waived each year if the conditions of the <br />program are met. The dwelling has been <br />inspected by the Building Department and <br />all program conditions have been met. This <br />Certificate of Waiver forgives $850.00 as of <br />February 21, 2002. <br />Upon a motion by Ms. Jones, seconded by <br />Mr. Faccenda and unanimously carried, the <br />Commission approved the Certificate of <br />Waiver for property located at <br />1526 Webster. (Daniel J. Kois) <br />(7) Commission approval requested for <br />Satisfaction of Obligations and Release of <br />Mortgage for property located at <br />1526 Webster. (Daniel J. Kois) <br />Mr. Inks advised that all obligations under <br />10 <br />COMMISSION APPROVED THE SATISFACTION OF <br />OBLIGATIONS AND RELEASE OF MORTGAGE FOR <br />PROPERTY LOCATED AT 1349 E. DUBAIL. <br />(DANIEL J. KOIS) <br />COMMISSION APPROVED THE CERTIFICATE OF <br />WAIVER FOR PROPERTY LOCATED AT <br />1526 WEBSTER. (DANIEL J. KOIS) <br />
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