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South Bend Redevelopment Commission <br />Regular Meeting— August 3, 2001 <br />6. NEW BUSINESS (CONT.) <br />d. Commission approval requested for Loan and <br />Grant in accordance with the Affordable <br />Loan Program for property located at 1705 <br />South Chapin Street. (Kenneth & Betty Price) <br />The staff report states that the loan is in the <br />amount of $6,750 at an Interest Rate Per Annum <br />of 0.00% to be repaid within 120 months. The <br />grant is in the amount of $6,545. <br />Upon a motion by Mr. Kahn, seconded by Mr. <br />Caldwell, the Commission approved the Loan <br />and Grand in accordance with the Affordable <br />Loan Program for property located at 1705 South <br />Chapin Street. (Kenneth and Betty Price) <br />e. Commission approval requested for Loan and <br />Grant in accordance with the Affordable <br />Loan Program for property located at 1817 <br />Fassnacht. (Frances M. Smith) <br />The staff report states that the loan is in the <br />amount of $10,500 at an Interest Rate Per <br />Annum of 0.00% to be repaid within 180 <br />months. The grant is in the amount of $6,847. <br />Upon a motion by Mr. Kahn, seconded by Mr. <br />Caldwell and unanimously carried, the <br />Commission approved the Loan and Grant in <br />accordance with the Affordable Loan Program <br />for property located at 1817 Fassnacht (Frances <br />M. Smith) <br />L Commission approval requested for Loan and <br />Grant in accordance with the Affordable <br />Loan Program for property located at 333 <br />North Walnut road. (Harold & Anna <br />McCauley) <br />-7- <br />COMMISSION APPROVED THE LOAN AND GRAND <br />IN ACCORDANCE WITH THE AFFORDABLE LOAN <br />PROGRAM FOR PROPERTY LOCATED AT 1705 <br />SOUTH CHAPIN STREET. (KENNETH AND BETTY <br />PRICE) <br />COMMISSION APPROVED THE LOAN AND GRANT <br />IN ACCORDANCE WITH THE AFFORDABLE LOAN <br />PROGRAM FOR PROPERTY LOCATED AT 1817 <br />FASSNACHT (FRANCES M. SMITH) <br />