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South Bend Redevelopment Commission <br />Rescheduled Regular Meeting - April 9, 1999 <br />6. NEW BUSINESS (CONT.) <br />m. continued... <br />Upon a motion by Ms. Schwartz, COMMISSION APPROVED THE LOAN AND GRANT IN <br />seconded by Mr. Faccenda and CONNECTION WITH THE AFFORDABLE LOAN <br />unanimously carried, the Commission PROGRAM FOR PROPERTY AT 223 E. CALVERT ST. <br />approved the Loan and Grant in (ROY T. RITCHIE AND CARMEN D. GARRETT) <br />connection with the Affordable Loan <br />Program for property at 223 E. Calvert <br />St. (Roy T. Ritchie and Carmen D. <br />Garrett) <br />n. Commission approval requested for <br />Loan and Grant in connection with <br />the Affordable Loan Program for <br />property at 2114 S. Kendall. (Steven <br />& Elizabeth Kovacs) <br />AFWA Mrs. Kolata stated that the loan is in the <br />amount of $2,550 at 0% interest for 7 <br />years with monthly payments of <br />$30.42. The grant is in the amount of <br />$2,340.25. <br />Upon a motion by Ms. Schwartz, COMMISSION APPROVED THE LOAN AND GRANT IN <br />seconded by Mr. Faccenda and CONNECTION WITH THE AFFORDABLE LOAN <br />unanimously carried, the Commission PROGRAM FOR PROPERTY AT 2114 S. KENDALL. <br />approved the Loan and Grant in (STEVEN & ELIZABETH KOVACS) <br />connection with the Affordable Loan <br />Program for property at 2114 S. <br />Kendall. (Steven & Elizabeth Kovacs) <br />7. PROGRESS REPORTS <br />Mrs. Kolata reported that the South <br />Gateway Plan has been approved by the <br />Area Plan Commission and will be <br />considered by the South Bend Common <br />Council on April 12, 1999. <br />HAWPDATA \C0MMSN\040999.MIN -21- <br />