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South Bend Redevelopment Commission <br />Regular Meeting —May 18, 2001 <br />6. NEW BUSINESS (CONT.) <br />i. Commission approval requested for Satisfaction <br />of Obligations and Partial Release of Mortgage <br />for property located at11711 South St. Joseph <br />Street. (Housing Development Corporation) <br />Mr. Inks explained that since the Rental Rehab loan <br />has been totally forgiven, the HDC has satisfied all <br />of its obligations to the program. <br />Upon a motion by Mr. Caldwell, seconded by Mr. <br />Faccenda and unanimously carried, the Commission <br />approved the Satisfaction of Obligations and Partial <br />Release of Mortgage for property located at 11711 <br />South St. Joseph Street. (Housing Development <br />Corporation) <br />7. PROGRESS REPORTS <br />There were no Progress Reports. <br />8. NEXT COMMISSION MEETING <br />The next Regular Meeting of the Redevelopment <br />Commission is scheduled for June 1, 2001, at 10:00 a.m. <br />9. ADJOURNMENT <br />There being no further business to come before the <br />Redevelopment Commission, Mr. Faccenda made a <br />motion that the meeting be adjourned. Mr. Caldwell <br />seconded the motion and the meeting was adjourned at <br />10:15 a.m. <br />1 2 "4 o �41V <br />Robert W. Hunt, President <br />7 <br />COMMISSION APPROVED THE SATISFACTION OF <br />OBLIGATIONS AND PARTIAL RELEASE OF <br />MORTGAGE FOR PROPERTY LOCATED AT 11711 <br />SOUTH ST. JOSEPH STREET. (HOUSING <br />DEVELOPMENT CORPORATION) <br />THERE WERE NO PROGRESS REPORTS <br />NEXT COMMISSION MEETING <br />ADJOURNMENT <br />Donal,-' inks, Director <br />