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South Bend Redevelopment Commission <br />Regular Meeting— August 17, 2001 <br />6. NEW BUSINESS (CONT.) <br />c. Continued... <br />Mr. Rock noted that the Fire Department has <br />used the house at 52738 Olive Road for training. <br />We now want to demolish it. Three proposals <br />were received for demolition. One was from <br />Grade -Rite Excavating, Inc., in the amount of <br />$5,600. The second was from Warner & Sons, <br />Inc., in the amount of $5,240. The third was <br />from Torok Excavating & Demolition Inc., in <br />the amount of $7,300. The staff recommended <br />the Commission accept the proposal from <br />Warner & Sons, Inc. <br />Mr. Rock noted that the Fire Department would <br />like to thank the Redevelopment Commission <br />for the use of this house for training. It was <br />very helpful to them. <br />Upon a motion by Ms. Jones, seconded by Mr. <br />Kahn and unanimously carried, the Commission <br />approved the proposal from Warner & Sons for <br />professional services in the Airport Economic <br />Development Area. (Demolition of house at <br />52738 Olive Road) <br />d. Commission approval requested for Loan <br />and Grant in accordance with the Affordable <br />Loan Program for property located at 3210 <br />Boynton Avenue. (Loretta Williams) <br />Mr. Rock noted that the loan is for $4,150 to be <br />repaid within 60 months and with an interest <br />rate of 5 %. The grant is for $1,592. <br />Upon a motion by Mr. Kahn, seconded by Ms. <br />Jones and unanimously carried, the Commission <br />approved the Loan and Grant in accordance with <br />the Affordable Loan Program for property <br />located at 3210 Boynton Avenue. (Loretta <br />Williams) <br />10 <br />COMMISSION APPROVED THE PROPOSAL FROM <br />WARNER & SONS FOR PROFESSIONAL SERVICES <br />IN THE AIRPORT ECONOMIC DEVELOPMENT <br />AREA. (DEMOLITION OF HOUSE AT 52738 OLIVE <br />ROAD) <br />COMMISSION APPROVED THE LOAN AND GRANT <br />IN ACCORDANCE WITH THE AFFORDABLE LOAN <br />PROGRAM FOR PROPERTY LOCATED AT 3210 <br />BOYNTON AVENUE. (LORETTA WILLIAMS) <br />