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South Bend edevelopment Ccumission <br />Regular Mee ing - March 8, 1991 <br />6. NEW BUSYNESS (Cont.) <br />b. continued... <br />C. <br />Upon a motion by Mr. Combs, seconded by <br />Mr. Faccenda and unanimously carried, the <br />'ssion approved the Mortgagee's <br />Consent to Declaration of Land Use <br />Restrictive Covenants for Low Income <br />H inq Tax Credits for 528 N. Blaine. <br />Mrs Kolata noted that this is the annual <br />waiver of 10% of the Rental Rehab Loan <br />for property located at 901, 905 and 909 <br />Lincolnway West. The waiver is based <br />upon the borrower's meeting the <br />reqqdrements of the Rental Rehab <br />The amount of the waiver for <br />th properties for 1990 is $4,500. <br />by ] <br />CM <br />Wai <br />Col' <br />amoi <br />901 <br />d. Co7m <br />Cer <br />Lef: <br />Mrs <br />Ceri <br />the <br />Pro] <br />The <br />is <br />Upol <br />Mr. <br />a motion by Mr. Faccenda, seconded <br />I. Combs and unanimously carried, the <br />ssion approved the Certificate of <br />r for the Housing Development <br />ration of St. Joseph County in the <br />t of $4,500 for property located at <br />905 and 909 Lincolnway West. <br />Kolata explained that this <br />ficate of Waiver is for two years of <br />ental Rehab Loan at 10% per year for <br />rty located at 730 N. Cleveland. <br />mount of the Certificate of Waiver <br />00 for 1989 and $500 for 1990. <br />a motion by Mr. Cmibs, seconded by <br />-iasecki and unanimously carried, the <br />ssion approved the Certificate of <br />r for Leonard E. Leffel for property <br />ed at 730 N. Cleveland. <br />-4- <br />COrM ISSION APPROVED MORTGAGEE'S <br />CONSENT TO DECLARATION OF LAND <br />USE RESTRICTIVE COVENANTS FOR LOW <br />INCOME HOUSING TAX CREDITS FOR <br />528 N. BLAINE <br />CC M' ISSION APPROVED THE <br />CERTIFICATE OF WAIVER TO THE <br />HOUSING DEVELOPMENT CORPORATION <br />OF ST. JOSEPH COUNTY IN THE <br />AMOUNT OF $4,500 FOR PROPERTY <br />LOCATED AT 901, 905 AND 909 <br />LINCOLNWAY WEST <br />**.T.O.ESSION APPROVED THE <br />CERTIFICATE OF W• L= • - • • • r <br />FOR - -••a�� • r <br />730 N. CLEVELAND <br />