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South Bend Redevelopment Commission <br />Regular Meeting —July 19, 2002 <br />Agreement reduces the monthly payment <br />due by the Borrowers to the City of South <br />Bend making it more affordable. The new <br />monthly installment is $63.76. <br />Upon a motion by Ms. Jones, seconded by <br />Ms. Roemer and unanimously carried, the <br />Commission approved the Modification <br />Agreement for property located at 617 E. <br />Haney in connection with the Affordable <br />Loan Program. (Raymond Garcia, Sr. and <br />Jimmie Lou Garcia) <br />C. South Bend Central Development Area <br />(1) Commission authorization requested to <br />use the Wayne Street garage in the South <br />Bend Central Development Area on <br />Friday, September 20, 2002. (David <br />Niezgodski) <br />Mr. Inks requested that Item 6.C.1. be <br />tabled. There were no objections and the <br />Commission tabled Item 6.C.1. <br />D. Sample -Ewing Development Area <br />(1) Commission approval requested for <br />Resolution No. 1898 a preliminary bond <br />resolution of the South Bend <br />Redevelopment Commission authorizing <br />the issuance of bonds of the South Bend <br />Redevelopment District for the purpose of <br />raising money for redevelopment and <br />economic development in the Sample - <br />Ewing Development Area. (TJX Project) <br />Ms. Anne Bruneel, Baker and Daniels, <br />reported that preliminary bond Resolution <br />No. 1898 will set the parameters for the <br />bond issue. The maximum amount of the <br />ILI 9 <br />COMMISSION APPROVED THE MODIFICATION <br />AGREEMENT FOR PROPERTY LOCATED AT 617 E. <br />HANEY IN CONNECTION WITH THE AFFORDABLE <br />LOAN PROGRAM. (RAYMOND GARCIA, SR. AND <br />JIMMIE Lou GARCIA) <br />COMMISSION TABLED ITEM 6.C.1. <br />