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South Beno Redevelopment Commission <br />Special M eting August 22, 1980 <br />6. NEW BUSINESS <br />b. continued...... <br />Chair ordered that the <br />lication for Carlis $ Priscilla <br />flips be withdrawn. <br />. Ellison: Mrs. Baumgartner, is there <br />ne refinancing done in the <br />nninzham loan? <br />M s. Baumgartner: Yes there is a <br />$ ,000 grant. <br />. Aubuan made a motion to approve <br />a 312 loan to Apolonia & Herculana <br />R bledo of 1204 W. Ford in the <br />amount of $20,150.00, and to Charles <br />& Kelly Cunningham of 1138 Napier in <br />ianimously e amount of $23,000.00, seconded <br />Mr. Cira, and the motion was <br />carried. <br />Ellison: Before taking up <br />Item 6c on the agenda, Mrs. Baumgartner <br />d I had a conversation this morning <br />relative to some needs of the Bureau <br />of Housing as they begin to approach <br />the end of the Fiscal Year (federal) <br />ar the end of September. Their needs <br />are to process additional loans which <br />might dictate the need for an additional <br />meeting. Mrs. Baumgartner, would you <br />e lain what HUD requires as you near <br />t e fiscal year? <br />-s. Baumgartner: Previously any type <br />application being processed down to <br />idianapolis would have to be approved <br />i twenty to thirty days. The next <br />Feting would be held on September 19 <br />iich would be the last meeting in <br />rich we could present the loans, but <br />Tidently there has been a change in <br />ie processing at HUD and they may no <br />mger send their items to Chicago for <br />°ocessing, which was an easy drive from <br />idianapolis, but right now their things <br />ive to go to New York. <br />2 <br />APPLICATION OF 312 LOAN <br />APPLICATION WITHDRAWN <br />FOR CARLIS & PRISCILLA <br />PHILLIPS <br />312 LOANS APPROVED BY <br />THE COMMISSION <br />