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RM 01-28-83
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RM 01-28-83
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South Bend <br />Regular Mee <br />7. NEW BUS <br />c. Caxn <br />for <br />elop ment Commission <br />- January 28, 1983 <br />(Continued) <br />on ratification and approval <br />osals and loans in connection <br />H owner's Emergency Loan Pr ram and the City <br />of 3outh Bend Sewer Repairs Program in accor <br />dan e with the recommendation from the Bureau <br />of lousing. <br />Name Contractor Bid Loan <br />Bernice Payton Edward J. White, Inc. $2,104 $1,012 <br />1625 Fa snacht <br />Mrs Kolata noted that this was the first loan in <br />co ection with the revised Homeowners Emergency <br />Loan Program guidelines and it was this emergency <br />re it that brought the whole matter concerning <br />the guidelines to the attention of the staff. <br />She noted that the approval was for a $1,012 loan, <br />the $1,000 being deductible from the sewer insur- <br />ance program and $12.00 being the recording cost <br />associated with the loan. <br />Upon a motion made by Mr. Robinson, seconded by <br />Mr. Donaldson and unanimously carried, ratifica- <br />tion and approval for proposals and loans in con- <br />nection with the Homeowners Emergency Loan Program <br />and the City of South Bend Sewer Repair Program <br />was approved. <br />d. Commission approval requested for Addendum II to <br />a contract with the Division of Community Develop- <br />men: for funds related to the First Bank Center <br />(CD 1- 1002). <br />Mrs Kolata noted that Addendum II to the contract <br />wit1i the Division of Community Development relat- <br />ing to the First Bank Center is to extend the con- <br />tract through March 31, 1983. <br />Upon a motion made by Mr. Robinson, seconded by <br />Mr. Piasecki and unanimously carried, the request <br />for Addendum II to a contract with the Division <br />of Conuunity Development for funds relating to <br />the First Bank Center was approved. <br />e. C ssion approval requested for Resolution No. <br />670 accepting a deed fran the South Bend Community <br />School Corporation for real property in Monroe <br />COMMISSION APPROVED PRO- <br />POSALS AND LOANS IN CON- <br />NECTION WITH THE HOME- <br />OWNERS EMERGENCY LOAN <br />PROGRAM TO BERNICE PAYTON, <br />AT 1625 FASSNACHT <br />COMMISSION APPROVED AD- <br />DENDUM II TO A CONTRACT <br />WITH THE DIVISION OF <br />COMMUNITY DEVELOPMENT <br />FOR FUNDS RELATING TO <br />FIRST SOURCE CENTER <br />
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