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South Bend Redevelopment Commission <br />Regular Meeting - June 16, 1995 <br />6. NEW BUSINESS (Cont.) <br />g. continued... <br />Mrs. Kolata noted that the Loan to <br />Esther Wawrzyniak is in the amount of <br />$1,250 at 0% interest for 4 years. <br />Payments are $26.04 per month. <br />Upon a motion by Mr. Hojnacki, <br />seconded by Mr. Hunt and unanimously <br />carried, the Commission approved the <br />Loan in connection with the Roof Loan <br />Program for property located at 509 W. <br />Wayne Street. <br />h. Commission approval requested for <br />Certificate of Completion for Schafer <br />Gear Works. <br />Mrs. Kolata noted that Schafer Gear <br />Works has complied with all the <br />requirements in the Contract for Sale of <br />Land with the Commission. This <br />Certificate of Completion releases them <br />from any further obligation regarding the <br />sale. <br />Upon a motion by Mr. Hunt, seconded <br />by Mr. Hojnacki and unanimously <br />carried, the Commission approved the <br />Certificate of Completion for Schafer <br />Gear Works. <br />i. Staff report on acquisition of property <br />in the Sample -Ewing Development <br />Area. <br />Mrs. Kolata noted that the staff has <br />received a counter offer from Tunothy <br />i <br />-12- <br />COMMISSION APPROVED THE LOAN IN <br />CONNECTION WITH THE ROOF LOAN <br />PROGRAM FOR PROPERTY LOCATED AT 509 <br />W. WAYNE STREET <br />COMMISSION APPROVED THE CERTIFICATE <br />OF COMPLETION FOR SCHAFER GEAR <br />WORKS <br />