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South Bend Redevelopment Commission <br />Regular Meeting - November 17, 1995 <br />6. NEW BUSINESS (Cont.) <br />S. continued... <br />obligations to the Commission and that the <br />project is complete. <br />Upon a motion by Mr. Hcjnacki, seconded <br />by Mr. Hunt and unanimously carried, the <br />Commission approved the Certificate of <br />Completion for James W. and Linda M. <br />Tbske. (Apollo Precision Machining) <br />t. Commission approval requested for Loan <br />and Grant in connection with the <br />Affordable Loan Program for property <br />located at 624 S. Clinton. (Ereddie M. <br />Williams) <br />Mrs. Kolata explained that the loan to <br />Freddie M. Williams is in the amount of <br />$7,300 at 0% interest for 8 years with <br />monthly payments of $76.04. The grant is <br />$5,057.25. <br />Upon a motion by Mr. Hojnacki, seconded <br />by Mr. Hunt and unanimously carried, the <br />Commission approved the Loan and Grant <br />for property located at 624 S. Clinton. <br />(Freddie M. Williams) <br />u. Commission approval requested for Loan <br />and Grant in connection with the <br />Affordable Loan Program for property <br />located at 829 E. Calvert. (Dallas Hann) <br />Mrs. Kolata noted that the loan to Dallas <br />Hann is in the amount of $14,450 at 4% <br />interest for 20 years with monthly payments <br />of $87.56. The grant is $9,463.96. <br />-19- <br />COMMISSION APPROVED THE CERTIFICATE <br />OF COMPLETION FOR JAMES W. AND <br />LINDA M. TESKE. (APOLLO PRECISION <br />MACHINING) <br />COMMISSION APPROVED THE LOAN AND <br />GRANT FOR PROPERTY LOCATED AT 624 S. <br />CLINTON. (FREDDIE M. WILLIAMS) <br />