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RM 08-07-98
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RM 08-07-98
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South Bend Redevelopment Commission <br />Regular Meeting - August 7, 1998 <br />6. NEW BUSINESS (CONT.) <br />m. continued.... <br />Upon a motion by Ms. Schwartz, seconded <br />by Mr. Blake and unanimously carried, the <br />Commission approved the Certificate of <br />Waiver in connection with the Rental Rehab <br />Loan Program for property at 619 N. <br />Sherman. (Daniel Kois) <br />n. Commission approval requested for Loan <br />and Grant in connection with the <br />Affordable Loan Program for property at <br />1330 N. Huey St. (Aaron & Eva Sconiers) <br />Mrs. Kolata stated that the loan to Aaron & <br />Eva Sconiers is in the amount of $13,250 at <br />3% interest for 15 years with monthly <br />payment of $91.50. The grant is in the <br />amount of $8,650. <br />Upon a motion by Mr. Donoho, seconded by <br />Mr. Blake and unanimously carried, the <br />Commission approved the Loan and Grant in <br />connection with the Affordable Loan <br />Program for property at 1330 N. Huey St. <br />(Aaron & Eva Sconiers) <br />o. Commission approval requested for Loan <br />and Grant in connection with the <br />Affordable Loan Program for property at <br />124 S. Sheridan. (Lucille F. Horvath) <br />Mrs. Kolata stated that the loan to Lucille F. <br />Horvath is in the amount of $850 at 0% <br />interest for four years with monthly payments <br />of $17.71. The grant is in the amount of <br />$745.25 <br />H: \WPDATA \COMMSN\080798.MIN -22- <br />COMMISSION APPROVED THE CERTIFICATE <br />OF WAIVER IN CONNECTION WITH THE <br />RENTAL REHAB LOAN PROGRAM FOR <br />PROPERTY AT 619 N. SHERMAN. (DANIEL <br />KOIS) <br />COMMISSION APPROVED THE LOAN AND <br />GRANT IN CONNECTION WITH THE <br />AFFORDABLE LOAN PROGRAM FOR <br />PROPERTY AT 1330 N. HUEY ST. (AARON & <br />EVA SCONIERS) <br />
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