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RM 10-16-98
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RM 10-16-98
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South Bend Redevelopment Commission <br />Regular Meeting - October 16, 1998 <br />6. NEW BUSINESS (CONT.) <br />d. continued.... <br />income is very minimal. However, when <br />the home is sold, the applicant is required <br />to satisfy the "due upon sale" lien on the <br />home. <br />Upon a motion by Mr. Faccenda, 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 at 668 W. <br />LaPorte. (David Cowger) <br />e. Commission approval requested for <br />Certificate of Waiver in connection with <br />the Rental Rehab Loan Program for <br />property at 826 N. Diamond. (Alfonso <br />Cardenas) <br />Mrs. Kolata stated that the Certificate of <br />Waiver forgives $750 as of February 15, <br />1998. <br />Upon a motion by Ms. Schwartz, seconded <br />by Mr. Faccenda and unanimously carried, <br />the Commission approved the Certificate <br />of Waiver in connection with the Rental <br />Rehab Loan Program for property at 826 <br />N. Diamond. (Alfonso Cardenas) <br />f. Commission approval requested for <br />Resolution No. 1644 of the South Bend <br />Redevelopment Commission <br />determining to pay certain expenses <br />incurred for local public improvements <br />in or serving the Sample -Ewing <br />Allocation Area (South Bend Allocation <br />HAWPDATA \C0MMSN\101698.MIN -8- <br />COMMISSION APPROVED THE LOAN AND GRANT <br />IN CONNECTION WITH THE AFFORDABLE LOAN <br />PROGRAM FOR PROPERTY AT 668 W. LAPORTE <br />(DAVID COWGER) <br />COMMISSION APPROVED THE CERTIFICATE OF <br />WAIVER IN CONNECTION WITH THE RENTAL <br />REHAB LOAN PROGRAM FOR PROPERTY AT 826 N. <br />DIAMOND (ALFONSO CARDENAS) <br />
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