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South Bend Redevelopment Commission <br />Regular Meeting - October 21, 1994 <br />6. NEW BUSINESS (Cont.) <br />e. continued... <br />Mrs. Kolata noted that the loan to Lillian <br />Porter is in the amount of $6,000.00. The <br />terms are 0% interest for 10 years with <br />monthly payments of $50.00. <br />Upon a motion by Mr. Faccenda, seconded <br />by Mr. Donoho and unanimously carried, <br />the Commission approved the Loan in <br />connection with the Affordable Loan <br />Program for property located at 717 E. <br />Indiana. (Lillian Porter) <br />f. Commission approval requested for Loan <br />in connection with the Affordable Loan <br />Program for property located at 2630 W. <br />Huron. (Gladys Wrobel) <br />Mrs. Kolata noted that the loan to Gladys <br />Wrobel is in the amount of $1,750.00. The <br />terms are 0% for 7 years with monthly <br />payments of $20.83. <br />Upon a motion by Mr. Donoho, seconded <br />by Mr. Sharp and unanimously carried, the <br />Commission approved the Loan in <br />connection with the Affordable Loan <br />Program for property located at 2630 W. <br />Huron. (Gladys Wrobel) <br />g. Commission approval requested for Loan <br />in connection with the Affordable Loan <br />Program for property located at 730 N. <br />Notre Dame Avenue. (Patricia Adair) <br />Mrs. Kolata noted that the Loan to Patricia <br />Adair is in the amount of $1,100.00. The <br />-15- <br />COMMISSION APPROVED THE LOAN IN <br />CONNECTION WITH THE AFFORDABLE <br />LOAN PROGRAM FOR PROPERTY LOCATED <br />AT 717 E. INDIANA (LILLIAN PORTER) <br />COMMISSION APPROVED THE LOAN IN <br />CONNECTION WITH THE AFFORDABLE <br />LOAN PROGRAM FOR PROPERTY LOCATED <br />AT 2630 W. HURON (GLADYS WROBEL) <br />