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South Bend Redevelopment Commission <br />Regular Meeting - December 15, 1995 <br />6. NEW BUSINESS (Cont.) <br />k. Commission approval requested for <br />Assignment of Lease between ABV <br />Management Company Inc. and <br />1316 South Michigan Street <br />Associates. <br />Jenny Manier explained that in order <br />to take control of the property at <br />1316 South Michigan Street. The <br />Commission needs to take assignment <br />of the lease. <br />Upon a motion by Mr. Hojnacki, <br />seconded by Mr. Donoho and <br />unanimously carried, the Commission <br />approved the assignment of lease <br />between ABV Management Company <br />Inc. and 1316 South Michigan Street <br />Associates. <br />1. Commission approval requested for <br />Loan in connection with the Roof <br />Loan Program for property located <br />at 1629 Pulaski Street. (Carolyn J. <br />Wallace) <br />Mary Richmond explained that the <br />loan to Carolyn J. Wallace is in the <br />amount of $5,825.00 at 0% interest <br />for 15 years with monthly payments <br />of $32.36. <br />Upon a motion by Mr. Donoho, <br />seconded by Bob Hunt and <br />unanimously carried, the Commission <br />approved the loan in connection with <br />the Roof Loan Program for property <br />located at 1629 Pulaski Street. <br />(Carolyn J. Wallace) <br />-21- <br />COMMISSION APPROVED THE ASSIGNMENT OF <br />LEASE BETWEEN ABV MANAGEMENT COMPANY <br />INC. AND 1316 SOUTH MICHIGAN STREET <br />ASSOCIATES <br />COMMISSION APPROVED THE LOAN IN <br />CONNECTION WITH THE ROOF LOAN PROGRAM <br />FOR PROPERTY LOCATED AT 1629 PULASKI STREET. <br />(CAROLYN J. WALLACE) <br />