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South Bend Redevelopment Commission <br />Regular Meeting - August 11, 1989 <br />6. NEW BUS S (CONT.) <br />b. continued... <br />C. <br />Ups a motion by Mr. Donoho, seconded. by <br />Mr. Piasecki and unanimously carried, the <br />Comnission authorized the staff to <br />comPlete negotiations with Harbor Metal <br />for the sale of Disposition Parcel No. 14 <br />for $5,400. <br />Mr. <br />not <br />com <br />Ren <br />UPO <br />by ] <br />the <br />loa <br />Jun <br />728 <br />Mia <br />d. Com <br />Hunt explained that the Comission <br />ded Rental Rehab loans to New Hope <br />dng on June 23, 1989. It has since <br />discovered that Mr. Brademas had <br />I Section 8 moderate rehab funds to <br />g some of those units up to code. <br />is one of the few programs that will <br />allow additional federal money to be <br />Ifor rehabilitation. Therefore, the <br />ii.ssion is asked to rescind those <br />:al Rehab loans. <br />a motion by Mr. Piasecki, seconded <br />[r. Donoho and unanimously carried, <br />Commission rescinded the Rental Rehab <br />s awarded to T. Brooks Brademas on <br />23, 1989, for property located at <br />Portage, 736 Portage, 1414 -1414 1/2 <br />I and 1416 -1416 1/2 Miami. <br />COMMISSION AUTHORIZED THE STAFF <br />TO CXVJPLETE NEGOTIATIONS WITH <br />HARBOR METAL FOR THE SALE OF <br />DISPOSITION PARCEL NO. 14 IN THE <br />MONROE PARK PORTION OF THE SOUTH <br />BEND CENTRAL DEVEIAPMENT AREA FOR <br />$5,400 <br />CONIlAISSION RESCINDED THE RENTAL <br />REHAB IDJANS AWARDED TO T. BROOKS <br />BRADEMAS ON JUNE 23, 1989 FOR <br />PROPERTY LOCATED AT 728 PORTAGE, <br />736 PORTAGE, 1414 -1414 1/2 MIAMI, <br />AND 1416 -1416 1/2 N= <br />No ern Oak Homes Northern Oak Homes $18,930.00 $ 7,500.00 (public) <br />423 Arthur $12,020.00 (private) <br />Mr. <br />in <br />the <br />Levezman noted that Northern Oak <br />z has used the Rental Rehab Program <br />he past and has done a good job on <br />rehabs. <br />-4- <br />