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RM 10-04-96
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RM 10-04-96
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A <br />South Bend Redevelopment Commission <br />Regular Meeting - October 4, 1996 <br />6. NEW BUSINESS (Cont.) <br />j. continued.... <br />Mrs. Kolata asked permission to table <br />item 6.j. until October 18, 1996. There <br />were no objections and item 6.j. was <br />tabled. <br />k. Commission approval requested for <br />Loan and Grant in connection with the <br />Affordable Loan Program for property <br />located at 202 E. Haney. (Jimmy & <br />Carol Garcia) <br />Mrs. Kolata explained that the loan to <br />Jimmy & Carol Garcia is in the amount of <br />$18,100 at 4% interest for 20 years with <br />monthly payments of $109.68. The grant <br />is in the amount of $11,708.84. <br />Upon a motion by Mr. Hunt, seconded by <br />Mr. Faccenda and unanimously carried, <br />the Commission approved the Loan and <br />Grant in connection with the Affordable <br />Loan Program for property located at 202 <br />E. Haney. (Jimmy & Carol Garcia) <br />7. PROGRESS REPORTS <br />Mrs. Kolata noted that a house in the <br />southeast area located at 1214 Marietta was <br />lifted up off the ground and probably will be <br />moved next week. This is one of the house <br />moves. The next house move is anticipated <br />to begin next week. <br />8. NEXT COMMISSION MEETING <br />The next Regular Meeting of the <br />Redevelopment Commission is scheduled for <br />October 18, 1996 at 10:00 a.m. <br />-14- <br />ITEM 61 WAS TABLED <br />COMMISSION APPROVED THE LOAN AND GRANT <br />IN CONNECTION WITH THE AFFORDABLE LOAN <br />PROGRAM FOR PROPERTY LOCATED AT 202 E. <br />HANEY (JIMMY & CAROL GARCIA) <br />NEXT COMMISSION MEETING <br />
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