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South Bend <br />Regular Me <br />6. <br />0 <br />C. <br />Q <br />elopment Connni.ssion <br />- May 12, 1989 <br />(Cont.) <br />Upon a motion by Ms. Auburn, seconded by <br />Mr. Coanbs and unanimously carried, the <br />Conmission approved Resolution No. 876 <br />approving an application for real and <br />personal property tax deduction for <br />p perty located at 251 E. Sample Street <br />in the South bend Central Develop :anent <br />No ern Oak Hanes Northern Oak <br />23EI E. Fox Homes <br />tks. Kolata noted that the property at <br />236 E. Fox is a two bedroom, single <br />fanaly dwelling. The Bureau of Housing <br />estimate for the rehab was $22,850. <br />No ern Oak Haines' proposal_ of $17,220 <br />does not include a 6% contingency which <br />waild make their proposal $18,280. <br />•• � 1 • • ■ ■'• �� • Vii` •� <br />$17,220.00 $10,780 (private) <br />$ 7,500 (public) <br />Upcn a motion by Mr. Piasecki, seconded COrMIISSION APPROVED THE PROPOSAL <br />by Mr. Donoho and unanimously carried, AND IRAN IN CONNECTION WITH THE <br />the Ccrnnission approved the proposal and RENTAL REHAB PROGRAM FOR PROPERTY <br />loan in connection with the Rental Rehab LOCATED AT 236 E. FOX <br />Prcgram for property located at 236 E. <br />F03f Street. <br />Mrs. Kolata noted that this amt <br />addresses paragraph #5 of the lease with <br />Center City Associates and changes the <br />parking rates and validation for the <br />1 . It sets the rate for the first hour <br />at $.50 or free with validation, the rate <br />fo the second hour at $1.00 or free with <br />IWz <br />