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South Bend Redevelopment Commission <br />Regular Meeting - September 15, 1995 <br />6. NEW BUSEWSS (Cont.) <br />e. continued... <br />$5,269.00. Monthly payments will be <br />$30.28. The staff recommends approval. <br />Upon a motion by Mr. Donoho, seconded by <br />Ms. Auburn and unanimously carried, the <br />Commission approved the Loan and Grant in <br />connection with the Affordable Loan Program <br />for property located at 2614 Grace. (Richard <br />P. Andrews) <br />f. Commission approval requested for Loan <br />and Grant in connection with the <br />Affordable Loan Program for property <br />located at 1337 N. Meade Street (Elsie M. <br />Bibbs) <br />Mrs. Kolata noted that the Loan to Essie <br />Bibbs is in the amount of $4,400.00 at 1 % <br />interest for 8 years. Monthly payments will <br />be $47.71. The staff recommends approval. <br />Upon a motion by Ms. Auburn, seconded by <br />Mr. Hojnacki and unanimously carried, the <br />Commission approved the Loan and Grant in <br />connection with the Affordable Loan Program <br />for property located at 1337 N. Meade Street <br />( Essie M. Bibbs) <br />g. Commission approval requested for Loan <br />and Grant in connection with the <br />Affordable Loan Program for property <br />located at 1628 Sibley Avenue. (Gertrude <br />Coleman) <br />Mrs. Kolata noted that the loan to Gertrude <br />Colemen will be in the amount of $2,450.00 <br />W <br />COMMISSION APPROVED THE LOAN AND <br />GRANT IN CONNECTION WITH THE <br />AFFORDABLE LOAN PROGRAM FOR <br />PROPERTY LOCATED AT 2614 GRACE. <br />(RICHARD P. ANDREWS) <br />COMMISSION APPROVED THE LOAN AND <br />GRANT IN CONNECTION WITH THE <br />AFFORDABLE LOAN PROGRAM FOR <br />PROPERTY LOCATED AT 1337 N. MEADE <br />STREET (ESSIE M. BIBBS) <br />