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South Bend Redevelopment Commission <br />Regular Meeting - December 6, 1996 <br />6. NEW BUSINESS (Cont.) <br />g. continued.... <br />at 0% interest for 10 years with monthly <br />payments of $48.75. The grant is in the <br />amount of $5,682.75. <br />Upon a motion by Mr. Hojnacki, <br />seconded by Mr. Hunt and unanimously <br />carried, the Commission approved the <br />Loan and Grant in connection with the <br />Affordable Loan Program for property <br />located at 905 E. Calvert. (Marian L. <br />Bartuska) <br />h. Commission approval requested for <br />Loan and Grant in connection with the <br />Affordable Loan Program for property <br />located at 2529 Bertrand Street. (Lois <br />A. Sanders) <br />Mrs. Kolata noted that the loan to Lois A. <br />Sanders is in the amount of $9,700.00 at <br />0% interest for 16 years with monthly <br />payments of $50.52. The grant is in the <br />amount of $9,449.55. <br />Upon a motion by Mr. Hojnacki, <br />seconded by Mr. Hunt and unanimously <br />carried, the Commission approved the <br />Loan and Grant in connection with the <br />Affordable Loan Program for property <br />located at 2529 Bertrand Street. (Lois A. <br />Sanders) <br />I. Commission approval requested for <br />Certificate of Waiver in connection <br />with the Rental Rehab Loan Program <br />for property located at 208 E. Indiana. <br />(Housing Development Corporation) <br />H:\ HOME\ CPHIPPS \WPDATA \COMMSN\120696.MIN -12- <br />COMMISSION APPROVED THE LOAN AND GRANT <br />IN CONNECTION WITH THE AFFORDABLE LOAN <br />PROGRAM FOR PROPERTY LOCATED AT 905 E. <br />CALVERT. (MARIAN L. BARTUSKA) <br />COMMISSION APPROVED THE LOAN AND GRANT <br />IN CONNECTION WITH THE AFFORDABLE LOAN <br />PROGRAM FOR PROPERTY LOCATED AT 2529 <br />BERTRAND STREET. (LOIS A. SANDERS) <br />