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South Bend Redevelopment Commission <br />Regular Meeting— December 6, 2002 <br />6. NEW BUSINESS <br />C. Housing <br />(1) continued... <br />Bureau of Housing, will be agreeing to <br />subordinate its interest in the mortgage to <br />Countywide Home Loans in the not -to- <br />exceed amount of $34,164. The property is <br />Lot Numbered Nine of North Sunnyside <br />Second Addition to the City of South Bend. <br />Upon a motion by Ms. Jones, seconded by <br />Mr. Kahn and unanimously carried the <br />Commission approved the Subordination <br />Agreement between the City of South Bend <br />on behalf of its Bureau of Housing and <br />Claudia J. Alkire. <br />(2) Commission approval requested for <br />Certificate of Waiver for property located <br />at 421 N. Blaine St. in connection with the <br />Rental Rehab Program. (Nicholas L. and <br />Mary Ann Kenkel) <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 $750.00 as of <br />January 31, 2002. <br />Upon a motion by Mr. Kahn, seconded by <br />Ms. Jones and unanimously carried, the <br />Commission approved the Certificate of <br />Waiver for property located at 421 N. Blaine <br />Street. (Nicholas L. and Mary Ann Kenkel) <br />C 15 <br />COMMISSION APPROVED THE SUBORDINATION <br />AGREEMENT BETWEEN THE CITY OF SOUTH BEND <br />ON BEHALF OF ITS BUREAU OF HOUSING AND <br />CLAUDIA J. ALKIRE. <br />COMMISSION APPROVED THE CERTIFICATE OF <br />WAIVER FOR PROPERTY LOCATED AT 421 <br />N. BLAINE STREET. (NICHOLAS L. AND MARY <br />ANN KENKEL) <br />