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South Bend Redevelopment Commission <br />Regular Meeting - May 7, 1999 <br />6. NEW BUSINESS (CONT.) <br />i. continued... <br />Upon a motion by Mr. Donoho, <br />seconded by Ms. Schwartz and <br />unanimously carried, the Commission <br />approved the Loan and Grant in <br />connection with the Affordable Loan <br />Program for property at 915 Fuerbringer. <br />(Dale Rupel) <br />j. Commission approval requested for <br />Loan and Grant in connection with <br />the Affordable Loan Program for <br />property at 1105 Sherman. (Lynn J. <br />Dolson) <br />Mrs. Kolata stated that the loan is in the <br />amount of $4,150 at 6% interest for 10 <br />years with monthly payments of $46.07. <br />The grant is in the amount of $1,699.50. <br />Upon a motion by Mr. Donoho, <br />seconded by Ms. Schwartz and <br />unanimously carried, the Commission <br />approved the Loan and Grant in <br />connection with the Affordable Loan <br />Program for property at 1105 Sherman. <br />(Lynn J. Dolson) <br />k. Commission approval requested for <br />Loan and Grant in connection with <br />the Affordable Loan Program for <br />property at 1210 N. Olive St. (Albert <br />& Sue Smith) <br />HAWPDATA \C0MMSN\050799.MIN -8- <br />COMMISSION APPROVED THE LOAN AND GRANT <br />IN CONNECTION WITH THE AFFORDABLE LOAN <br />PROGRAM FOR PROPERTY AT 915 FUERBRINGER <br />(DALE RUPEL) <br />COMMISSION APPROVED THE LOAN AND GRANT <br />IN CONNECTION WITH THE AFFORDABLE LOAN <br />PROGRAM FOR PROPERTY AT 1105 SHERMAN <br />(LYNN J. DOLSON) <br />