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RM 11-20-98
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RM 11-20-98
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South Bend Redevelopment Commission <br />Regular Meeting - November 20, 1998 <br />6. NEW BUSINESS (CONT.) <br />g. Commission approval requested for <br />Loan and Grant in connection with the <br />Affordable Loan Program for property <br />at 1714 S. Warren. (Anna Kovacs) <br />Mrs. Kolata stated that the loan to Anna <br />Kovacs is in the amount of $11,150 at 4% <br />interest for 15 years with monthly <br />payments of $82.48. The grant is in the <br />amount of $7,302.68. <br />Upon a motion by Mr. Faccenda, seconded <br />by Ms. Schwartz and unanimously carried, <br />the Commission approved the Loan and <br />Grant in connection with the Affordable <br />Loan Program for property at 1714 S. <br />Warren. (Anna Kovacs) <br />h. Commission approval requested for <br />Certificate of Waiver in connection with <br />the Rental Rehab Loan Program for <br />property at 829 E. Miner. (Paul W. and <br />Mary Jo Quinn) <br />Mrs. Kolata stated that the Certificate of <br />Waiver forgives $453.16 as of <br />September 11, 1998. <br />Upon a motion by Ms. Schwartz, seconded <br />by Mr. Faccenda and unanimously carried, <br />the Commission approved the Certificate of <br />Waiver in connection with the Rental <br />Rehab Loan Program for property at 829 E. <br />Miner. (Paul W. and Mary Jo Quinn) <br />HAWPDATA \C0MMSN\112098.MIN -14- <br />COMMISSION APPROVED THE LOAN AND GRANT <br />IN CONNECTION WITH THE AFFORDABLE LOAN <br />PROGRAM FOR PROPERTY AT 1714 S. WARREN <br />(ANNA KOVACS) <br />COMMISSION APPROVED THE CERTIFICATE OF <br />WAIVER IN CONNECTION WITH THE RENTAL <br />REHAB LOAN PROGRAM FOR PROPERTY AT 829 E. <br />MINER. (PAUL W. AND MARY JO QUINN) <br />
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