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RM 11-05-99
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RM 11-05-99
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South Bend Redevelopment Commission <br />Regular Meeting - November 5, 1999 <br />6. NEW BUSINESS (CONT.) <br />j. continued... <br />Mrs. Kolata stated that Daniel Kois plans to <br />refinance the original mortgage on his <br />property at 1349 E. Dubail. The <br />Subordination Agreement will allow Fleet <br />Mortgage Corporation's mortgage to remain <br />in first place. <br />Upon a motion by Mr. Blake, seconded by <br />Ms. Jones and unanimously carried, the <br />Commission approved the Subordination <br />Agreement in connection with the property <br />at 1349 E. Dubail Street. (Daniel Kois) <br />k. Commission approval requested for <br />Certificate of Waiver in connection with <br />the Rental Rehab Loan Program for <br />property at 617 N. Cushing. (Leo Kelsch) <br />Mrs. Kolata stated that the Certificate of <br />Waiver forgives $533.20 as of August 15, <br />1999. <br />Upon a motion by Mr. Donoho, seconded by <br />Ms. Jones and unanimously carried, the <br />Commission approved the Certificate of <br />Waiver in connection with the Rental Rehab <br />Loan Program for property at 617 N. <br />Cushing. (Leo Kelsch) <br />I. Commission approval requested for <br />Certificate of Waiver in connection with <br />the Rental Rehab Loan Program for <br />property at 1003 Sherman. (Thomas <br />Brademas Jr.) <br />-17- <br />COMMISSION APPROVED THE SUBORDINATION <br />AGREEMENT IN CONNECTION WITH THE <br />PROPERTY AT 1349 E. DUBAIL STREET (DANIEL <br />KOIS) <br />COMMISSION APPROVED THE CERTIFICATE OF <br />WAIVER IN CONNECTION WITH THE RENTAL <br />REHAB LOAN PROGRAM FOR PROPERTY AT 617 N. <br />CUSHING. (LEO KELSCH) <br />
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