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RM 12-19-97
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RM 12-19-97
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South Bend Redevelopment Commission <br />Regular Meeting - December 19, 1997 <br />6. NEW BUSINESS (CONT.) <br />g. continued.... <br />Fekete) <br />Mrs. Kolata noted that the loan to Matilda <br />Fekete is in the amount of $2,640 at 0% <br />interest for 10 years with monthly <br />payments of $23.75. The grant is in the <br />amount of $2,850. <br />Ms. Schwartz questioned why there was <br />no "As Is" value on the Loan and Grant <br />information sheets. Mrs. Kolata said she <br />would find out and get a report back to the <br />Commission. <br />Upon a motion by Ms. Schwartz, seconded <br />by Mr. Donoho and unanimously carried, <br />the Commission approved the Loan and <br />Grant in connection with the Affordable <br />Loan Program for property located at 2010 <br />S. Kendall. St. (Matilda Fekete) <br />h. Commission approval requested for <br />Loan and Grant in connection with the <br />Affordable Loan Program for property <br />at 229 E. Dubail. (Marsha Reaves) <br />Mrs. Kolata asked permission to table item <br />61. There was no objection and item 6.h. <br />was tabled. <br />i. Commission approval requested for <br />Certificate of Waiver in connection with <br />the Rental Rehab Loan Program for <br />property located at 1813 West Linden. <br />(Housing Development Corporation) <br />F:\HOMIE\CPHWPS\WPDATA\COMMSN\121997.MIN -13- <br />COMMISSION APPROVED THE LOAN AND GRANT <br />IN CONNECTION WITH THE AFFORDABLE LOAN <br />PROGRAM FOR PROPERTY LOCATED AT 2010 S. <br />KENDALL. ST. (MATILDA FEKETE) <br />ITEM 6.H. WAS TABLED <br />
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