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South Bend Redevelopment Commission <br />Rescheduled Regular Meeting - June 25, 1999 <br />6. NEW BUSINESS (CONT.) <br />n. Commission approval requested for <br />Loan and Grant in connection with <br />the Affordable Loan Program for <br />property at 209 E. Eckman. (Scott & <br />Lori Barker) <br />Jon Hunt stated that the loan is in the <br />amount of $4,100 at 8% interest for 8 <br />years with monthly payments of <br />$57.96. The grant is in the amount of <br />$979.00. <br />Upon a motion by Mr. Faccenda, <br />seconded by Mr. Blake and <br />unanimously carried, the Commission <br />approved the Loan and Grant in <br />connection with the Affordable Loan <br />Program for property at 209 E. Eckman. <br />(Scott & Lori Barker) <br />o. Commission approval requested for <br />Loan and Grant in connection with <br />the Affordable Loan Program for <br />property at 1710 N. Brookfield. <br />(Gary Vandevelde) <br />Jon Hunt stated that the loan is in the <br />amount of $3,400 at 0% interest for 3 <br />years with monthly payments of <br />$94.44. The grant is in the amount of <br />$3,23.00. <br />Upon a motion by Mr. Faccenda, <br />seconded by Mr. Blake and <br />unanimously carried, the Commission <br />approved the Loan and Grant in <br />connection with the Affordable Loan <br />Program for property at 1710 N. <br />HAWPDATA \C0MMSN\062599.MIN 21 <br />COMMISSION APPROVED THE <br />LOAN AND GRANT IN CONNECTION <br />WITH THE AFFORDABLE LOAN PROGRAM <br />FOR PROPERTY AT 209 E. ECKMAN. <br />(SCOTT & LORI BARKER) <br />COMMISSION APPROVED THE LOAN AND <br />GRANT IN CONNECTION WITH THE <br />AFFORDABLE LOAN PROGRAM FOR <br />PROPERTY AT 1710 N. BROOKFIELD. <br />(GARY VANDEVELDE) <br />