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RM 10-06-95
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RM 10-06-95
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South Bend Redevelopment Commission <br />Regular Meeting - October 6, 1995 <br />6. NEW BUSINESS (Cont.) <br />e. continued... <br />Mrs. Kolata noted that this loan is in the <br />amount of $2,800.00 at 6% interest for 10 <br />years. Monthly payments are $31.09. The <br />grant is $2,557.50. The staff recommends <br />approving the loan and grant. <br />Upon a motion by Mr. Hojnacki, seconded <br />by Mr. Donoho and unanimously carried, <br />the Commission approved the Loan and <br />Grant in connection with the Affordable <br />Loan Program through the Bureau of <br />Housing for property located at 182 <br />Walton Avenue. (Shirley Y. Brooks) <br />f. Commission approval requested for Loan <br />and Grant in connection with the <br />Affordable Loan Program through the <br />Bureau of Housing for property located <br />at 3546 Lilac Road. (Christina <br />Johnson/Toni Hooper) <br />Mrs. Kolata noted that this loan is in the <br />amount of $4,650.00 at I% interest for 10 <br />years. Monthly payments are $40.74. The <br />grant is in the amount of $4,372.50. The <br />staff recommends approval. <br />Upon a motion by Mr. Hojnacki, seconded <br />by Mr. Donoho and unanimously carried, <br />the Commission approved the Loan and <br />Grant in connection with the Affordable <br />Loan Program through the Bureau of <br />Housing for property located at 3546 Lilac <br />Road. (Christina Johnson/Toni Hooper) <br />-12- <br />COMMISSION APPROVED THE LOAN AND <br />GRANT IN CONNECTION WITH THE <br />AFFORDABLE LOAN PROGRAM THROUGH <br />THE BUREAU OF HOUSING FOR PROPERTY <br />LOCATED AT 182 WALTON AVENUE. <br />(SHIRLEY Y. BROOKS) <br />COMMISSION APPROVED THE LOAN AND <br />GRANT IN CONNECTION WITH THE <br />AFFORDABLE LOAN PROGRAM THROUGH <br />THE BUREAU OF HOUSING FOR PROPERTY <br />LOCATED AT 3546 LILAC ROAD. <br />(CHRISTINA JOHNSON /TONI HOOPER) <br />
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