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South Bend Redevelopment Commission <br />Regular Meeting - September 15, 1995 <br />6. NEW BUSINESS (Cont.) <br />g. continued... <br />at 0% interest for 10 years with monthly <br />payments of $20.42. The Grant is $2,279.75. <br />The staff recommends approval. <br />Upon a motion by Mr. Hojnacki, seconded by <br />Mr. Donoho and unanimously carried, the <br />Commission approved the Loan and Grant in <br />connection with the Affordable Loan Program <br />for property located at 1628 Sibley Avenue. <br />(Gertrude Coleman) <br />h. Commission approval requested for Loan <br />and Grant in connection with the <br />Affordable Loan Program for property <br />located at 807 Diamond Avenue. ( Golena <br />co Burks) <br />Mrs. Kolata noted that the Loan to Golena <br />Burks will be in the amount of $4,750.00 at <br />0% interest for 8 years with monthly <br />payments of $49.48. The Grant is 4,577.65. <br />The staff recommends approval. <br />Upon a motion by Ms. Auburn, seconded by <br />Mr. Donoho and unanimously carried, the <br />Commission approved the Loan and Grant in <br />connection with the Affordable Loan Program <br />for property located at 807 Diamond Avenue. <br />( Golena Burks) <br />i. Commission approval requested for Loan <br />and Grant in connection with the <br />Affordable Loan Program for property <br />located at 104 S. Meade. (Lula Mays) <br />-10- <br />COMMISSION APPROVED THE LOAN AND <br />GRANT IN CONNECTION WITH THE <br />AFFORDABLE LOAN PROGRAM FOR <br />PROPERTY LOCATED AT 1628 SIBLEY <br />AVENUE. (GERTRUDE COLEMAN) <br />COMMISSION APPROVED THE LOAN AND <br />GRANT IN CONNECTION WITH THE <br />AFFORDABLE LOAN PROGRAM FOR <br />PROPERTY LOCATED AT 807 DIAMOND <br />AVENUE. (GOLENA BURKS) <br />