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South BendlRedevelopment Commission <br />Regular Me ting - November 16, 1979 <br />4. COMMUNICATIONS (continued) <br />Mr. Da a Anderson: Mr. President, you have said that there <br />will b no further business with Michiana Title Corp? <br />Mr. Ni tz: That is correct, long as Kevin Butler is the Coun -� <br />sel fo the Redevelopment Commission. <br />Mr. Da a Anderson: On the claims docket approved this morning, <br />there were claims that were dated past November 2nd. What I'm <br />asking is on the 19th of October of this year there was 312 <br />Loan title work for $698.50 for Michiana Title, on the 2nd of <br />Novemb r, according to your Minutes on the claims docket <br />there as the $1,150.00 title insurance policy that I assume <br />was foy the First Bank Project, there was also five other 312 <br />loans involving Michiana Title worth $362.00. My question <br />is on this current claims docket, is there any business with <br />Michia a Title from the Bureau of Housing or Redevelopment? <br />Mr. Ellison: There are claims both relative to 312 loans and <br />to the East Bank development areas. In both instances, what <br />you should be aware of is that the Commission is the LPA for <br />312 Loan purposes. We approve loan applicants, and we handle <br />the es row accounts for the financing. With respect to the <br />companies they use, that takes place within the Bureau of <br />Housing. We do not get involved in it. Obviously, as. a <br />result of the Commissions action this morning, that process <br />will stop. With respect to the East Bank Development Area, <br />the pr liminary title search work done by Michiana Title <br />is already done. The Commission simply this morning okayed <br />the claims to pay the bill for work already done. That falls <br />under the definition of those things in progress, which the <br />Chair indicated should go through. <br />Mr. Dave Anderson: There will be no other further business <br />with Michiana Title as of today? <br />Mr. Ellison: If there is something outstanding that we have <br />not paid for, there could be, but I think that it's probably <br />for tho most part completed. <br />Mr. Bu ler: I have asked Michiana Title to terminate all <br />activi . I've asked Mr. Newman if he would please do that, <br />termin to all activity with respect to any existing orders. <br />Mr. Da a Anderson: Carl is there any way you can tell me <br />how mu h these claims were today for the 312's and East <br />Bank? <br />Mr. Ni tz: Let's move on, you can get that later, after <br />the me ting. <br />-8- <br />