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South Bend edevelcpment Commission <br />Regular Mee ing - December 8, 1989 <br />6. NEW BUSINESS (Cont.) <br />c. cominuect... <br />II <br />Mrs. Kolata noted that the owners have <br />met the requirements of the Rental Rehab <br />Program. This Certificate of Waiver <br />waives the 10% of the loan for property <br />located at 1518 Lincolnway West for <br />De 1, 1986, December 1, 1987, <br />DecoTber 1, 1988 and December 1, 1989. <br />The unt waived for each year is <br />$2,2 3.00, totalling $9,132.00. <br />Upon a motion by Mr. Doncho, seconded by <br />Mr. ColTbs and unanimously carried, the <br />Commission approved the Certificate of <br />Waiver for Vernon K. Grable and Lois J. <br />Powell in connection with the Rental <br />Rehao Program for property located at <br />15181 Lincolnway West. <br />Mrs. Kolata noted that at the November <br />17th meeting the Commission appropriated <br />fund3 for the purchase of the East Sector <br />Substation from a donation connected to <br />the 1W General project. Resolution No. <br />902 appropriates the balance of that <br />donation to cover predevelopment costs in <br />the South Bend Central Development Area <br />and the Studebaker Corridor Development <br />Area The majority of those costs are <br />elig' le for repayment from bond proceeds <br />and it is our intent to reimburse this <br />accamt when we have bond proceeds. <br />Upon a motion by Ms. Auburn, seconded by <br />Mr. Combs and unanimously carried, the <br />Commission approved Resolution No. 902 <br />appropriating funds for partial payment <br />of a6crued architectural, engineering, <br />leg 4, planning and appraisal costs. <br />-11- <br />COMMISSION APPROVED THE <br />CERTIFICATE OF WAIVER FOR VERNON <br />K. GRABLE AND IRIS J. POWELL IN <br />CONNECTION WITH THE RENTAL REHAB <br />PROGRAM FOR PROPERTY LOCATED AT <br />1518 LINCOINWAY WEST <br />COMMISSION APPROVED RESOLUTION <br />NO. 902 APPROPRIATING FUNDS FOR <br />PARTIAL PAYMENT OF ACCRUED <br />ARCHITECTURAL, ENGINEERING, <br />LEGAL, PLANNING AND APPRAISAL <br />COSTS <br />