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South Bend <br />Regular Me <br />6. NEW BU <br />e. Co <br />elopment Commission <br />- July 8, 1988 <br />(Cont.) <br />group than those which come to the Morris <br />Civic Auditorium, but is of the same high <br />quality. There will be one Big Top and <br />one ring. There will be six <br />performances, including one For Kids Sake <br />marline. <br />Upon <br />a motion by Mr. Piasecki, seconded <br />by <br />Mr. Donoho and unanimously carried, <br />the <br />Commission approved the sub -lease of <br />property <br />between Center City Associates <br />and <br />Circus Flora. <br />f. Commission <br />approval requested for a loan <br />and <br />contract in connection with the <br />Rental <br />Rehabilitation Program in <br />acc <br />rdance with the recommendation from <br />the <br />Bureau of Housing. <br />Contractor <br />m <br />Housing Development HDC <br />Co ration <br />1813 W. Linden <br />Mr. Piasecki declared a conflict of <br />interest and did not participate in the <br />discussion or vote. <br />The Rental Rehab loans are 10 -year <br />interest free federal loans. The program <br />re ires private financing to match the <br />federal financing. The house has two <br />ren al units. <br />Upon a motion by Mr. Doncho, seconded by <br />Mr. Combs and carried, the Commission <br />app oved the proposal and loan for the <br />Housing Development Corporation in <br />connection with the Rental Rehab Program. <br />Mr. Piasecki abstained. <br />ComLAssion approval requested for loans <br />in connection with the Section 312 Loan <br />Program in accordance with the <br />recdmiendation from the Bureau of <br />Hou ina. <br />COMMISSION APPROVED THE SUBLEASE <br />OF PROPERTY BETWEEN CENTER CITY <br />ASSOCIATES AND CIRCUS FLORA <br />1 Loan Amount <br />$10,000 $5,265.00 (public) <br />$5,265.00 (private) <br />COMMISSION APPROVED THE PROPOSAL <br />AND LOAN FOR THE HOUSING DEVELOP- <br />MENT CORPORATION IN CONNECTION <br />WITH THE RENTAL REHAB PROGRAM <br />