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RM 05-01-98
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RM 05-01-98
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South Bend Redevelopment Commission <br />Regular Meeting - May 1, 1998 <br />6. NEW BUSINESS (CONT.) <br />b. continued.... <br />(Enterprise Centre Partners L.P.) Ms. <br />Schwartz abstained. <br />c. Commission approval requested for <br />Resolution No. 1602 approving an <br />application for real property tax <br />deduction for property located in the <br />Sample -Ewing Development Area. <br />(South Bend Redevelopment <br />Commission) <br />Mike Beitzinger asked permission to table <br />item 6.c. until the next Commission <br />meeting. There were no objections and <br />item 6.c. was tabled. <br />d. Commission approval requested for <br />Loan and Grant in connection with the <br />Affordable Loan Program for property <br />located at 802 W. Calvert Street. <br />(Sandra Morgan) <br />Mr. Stark noted that the loan to Sandra <br />Morgan is in the amount of $9,750 at 0% <br />interest for 15 years with monthly <br />payments of $54.17. The grant is in the <br />amount of $8,998. <br />Upon a motion by Mr. Donoho, seconded <br />by Mr. Blake and unanimously carried, the <br />Commission approved the Loan and Grant <br />in connection with the Affordable Loan <br />Program for property located at 802 W. <br />Calvert Street. (Sandra Morgan) <br />-11- <br />ITEM 6.C. WAS TABLED UNTIL THE NEXT MEETING <br />COMMISSION APPROVED THE LOAN AND GRANT <br />IN CONNECTION WITH THE AFFORDABLE LOAN <br />PROGRAM FOR PROPERTY LOCATED AT 802 W. <br />CALVERT STREET (SANDRA MORGAN) <br />
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