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RM 02-16-96
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RM 02-16-96
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"* South Bend Redevelopment Commission <br />�r►� Regular Meeting - February 16, 1996 <br />6. NEW BUSINESS (Cont.) <br />h. Continued... <br />Upon a motion by Mr. Hojnacki, <br />seconded by Mr. Donoho and <br />unanimously carried, the Commission <br />approved the Loan and Grant for <br />property located at 2304 Bergan. <br />(Sharon Moore) <br />i. Commission approval requested for <br />Loan and Grant in connection with <br />the Affordable Loan/Home <br />Repair/Minor Home Repair Loan <br />Program for property located at 930 <br />Fuerbringer. (Teola Hill) <br />Mrs. Kolata explained that the loan to <br />Teola Hill is in the amount of <br />$3,950.00 at 0% interest for 7 years <br />with monthly payments of $47.02. The <br />grant is in the amount of $3,795.00. <br />Upon a motion by Mr. Donoho, <br />seconded by Mr. Hojnacki and <br />unanimously carried, the Commission <br />approved the Loan and Grant for <br />property located at 930 Fuerbringer. <br />(Tbola Hill) <br />j. Commission approval requested for <br />Loan and Grant in connection with <br />the Affordable Loan/Home <br />Repair/Minor Home Repair Loan <br />Program for property located at 141 <br />N. Albert. (Leona Poindexter) <br />Mrs. Kolata explained that the loan to <br />Lena Poindexter is in the amount of <br />$9,000.00 at 4% interest for 6 years <br />-14- <br />COMMISSION APPROVED THE LOAN AND <br />GRANT FOR PROPERTY LOCATED AT 2304 <br />BERGAN. (SHARON MOORE) <br />COMMISSION APPROVED THE LOAN AND <br />GRANT FOR PROPERTY LOCATED AT 930 <br />FUERBRINGER. (TEOLA HILL) <br />
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