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03-01-02 Redevelopment Commission Minutes
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03-01-02 Redevelopment Commission Minutes
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u <br />South Bend Redevelopment Commission <br />Regular Meeting —March 1, 2002 <br />6. NEW BUSINESS (CONT.) <br />B. Housing <br />(1) Commission approval requested for <br />Certificate of Waiver for property <br />located at 829 E. Miner Street in <br />connection with the Rental Rehab <br />Program. (Paul W. and Mary Jo Quinn) <br />Under the Rental Rehab loan program ten <br />percent of the loan will be waived each <br />year if the conditions of the program are <br />met. The Building Department performs <br />the annual inspections to confirm the <br />conditions are met. This Certificate of <br />Waiver forgives $453.16 as of <br />September 11, 2001. <br />Upon a motion by Ms. Jones, seconded by <br />Ms. Roemer and unanimously carried, the <br />Commission approved the Certificate of <br />Waiver for property located at 829 E. <br />Miner Street. <br />(2) Commission approval requested for <br />Satisfaction of Obligations and Release <br />of Mortgage for property located at 702 <br />West LaSalle. (Timothy E. Mathias) <br />Mr. Inks noted that the entire Rental <br />Rehab loan for 702 West LaSalle has been <br />waived. All obligations have therefore <br />been satisfied and the mortgage may be <br />released. <br />Upon a motion by Ms. Jones, seconded by <br />Ms. Roemer and unanimously carried, the <br />Commission approved the Satisfaction of <br />Obligations and Release of Mortgage for <br />property located at 702 West LaSalle. <br />(Timothy E. Mathias) <br />E:3 <br />COMMISSION APPROVED THE CERTIFICATE OF <br />WAIVER FOR PROPERTY LOCATED AT 829 E. <br />MINER STREET. <br />COMMISSION APPROVED THE SATISFACTION OF <br />OBLIGATIONS AND RELEASE OF MORTGAGE FOR <br />PROPERTY LOCATED AT 702 WEST LASALLE. <br />(TIMOTHY E. MATHIAS) <br />
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