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South Bend Redevelopment Commission <br />Regular Meeting - March 6, 1998 <br />6. NEW BUSINESS (CONT.) <br />v. Commission approval requested for Loan <br />and Grant in connection with the <br />Affordable Loan Program for property <br />located at 1103 S. 30th St. (Eugene <br />Schrader) <br />Mrs. Kolata stated that the loan to Eugene <br />Schrader is in the amount of $6,200 at 0% <br />for 5 years with monthly payments of <br />$103.33. The grant is in the amount of <br />$6,022.50. <br />Upon a motion by Mr. Donoho, seconded by <br />Ms. Schwartz and unanimously carried, the <br />Commission approved the Loan and Grant <br />in connection with the Affordable Loan <br />Program for property located at 1103 S. 30th <br />St. (Eugene Schrader) <br />w. Commission approval requested for Loan <br />and Grant in connection with the <br />Affordable Loan Program for property <br />located at 2806 Prast Blvd. (Inez M. <br />King) <br />Mrs. Kolata stated that the loan to Inez King <br />is in the amount of $6,700 at 0% for 10 <br />years with monthly payments of $55.83. <br />The grant is in the amount of $6,534. <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 2806 <br />Prast Blvd. (Inez M. King) <br />-24- <br />COMMISSION APPROVED THE LOAN AND GRANT <br />IN CONNECTION WITH THE AFFORDABLE LOAN <br />PROGRAM FOR PROPERTY LOCATED AT 1103 S. <br />30TH ST. (EUGENE SCHRADER) <br />COMMISSION APPROVED THE LOAN AND GRANT <br />IN CONNECTION WITH THE AFFORDABLE LOAN <br />PROGRAM FOR PROPERTY LOCATED AT 2806 <br />PRAST BLVD. (INEZ M. KING) <br />