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South Bend Redevelopment Commission <br />Regular Meeting - July 15, 1994 <br />6. NEW BUSINESS (Cont.) <br />f. Commission approval requested for Loan in <br />connection with the Roof Loan Pro ram for <br />property located at 1120 N. Meade Street. <br />(Barbara A. Florence) <br />Mrs. Kolata noted that the Loan to Barbara <br />Florence is in the amount of $3,150 at 0% <br />interest for 10 years with a payment of <br />$26.25 per month. <br />Upon a motion by Mr. Piasecki, seconded <br />by Mr. Faccenda and unanimously carried, <br />the Commission approved the Loan in <br />connection with the Roof Loan Program for <br />property located at 1120 N. Meade Street <br />(Barbara A. Florence) <br />r+ g. Commission approval requested for <br />Resolution No. 1282 approving the Fair Re- <br />use Value of Land in the Sample -Ewing <br />Development Area. (207 E. Ohio, Key # 18- <br />7001 -0039) <br />14 <br />Mrs. Kolata explained that 207 E. Ohio is a <br />small city lot owned by the Commission. <br />An adjacent property owner is interested in <br />purchasing the lot. We need to put it up for <br />bid. The re -use valuation of the lot, set by <br />Resolution No. 1282, is $315. <br />Upon a motion by Mr. Piasecki, seconded <br />by Mr. Donoho and unanimously carried, <br />the Commission approved Resolution <br />No. 1282 approving the Fair Re -use Value <br />of Land in the Sample -Ewing Development <br />Area. (207 E. Ohio, Key #18 -7001 -0039) <br />-15- <br />COMMISSION APPROVED THE LOAN IN <br />CONNECTION WITH THE ROOF LOAN <br />PROGRAM FOR PROPERTY LOCATED AT <br />1120 N. MEADE STREET (BARBARA A. <br />FLORENCE) <br />COMMISSION APPROVED RESOLUTION <br />NO. 1282 APPROVING THE FAIR RE -USE <br />VALUE OF LAND IN THE SAMPLE -EWING <br />DEVELOPMENT AREA. (207 E. OHIO, KEY <br />#18- 7001-0039) <br />