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RM 01-04-95
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RM 01-04-95
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South Bend Redevelopment Commission <br />scheduled Regular Meeting - January 4, 1995 <br />6. NEW BUSINESS (Cont.) <br />a. continued... <br />MR. SOSNOSKI: I thought I'd stay here until <br />they put me in the ground. Now I've got to <br />find another spot. Plus, another question. <br />What can or should I do to my home. I <br />don't want to live in a rat hole. But I don't <br />want to invest a grand or something that I <br />won't get back out of it. <br />MRS. KOLATA: We've had that before. We <br />had a gentleman who said, "My furnace is <br />broken, what should we do ?" We said, <br />"Fix the furnace and keep the receipt." If <br />you should have a repair like that or some <br />improvement you are making... I wouldn't <br />start a brand new remodelling project, but if <br />you have something that effects your safety <br />i or comfort in the home, you definitely <br />should fix it and keep those receipts. We'll <br />talk to you about that. I think, in the case <br />of the gentleman with the furnace, we just <br />added the price of the furnace on to the <br />9 purchase price. Obviously, you need a <br />furnace in the winter. <br />MR. SOSNOSKI: I'm not a rich person. So a <br />lot of my work is sweat equity. If I fix <br />something that's got to be fixed, do I take <br />the market value? <br />MRs. KoLATA: No. You could take the <br />receipts for the materials you use, but all of <br />us who do home repair, we don't get credit <br />for it. <br />-13- <br />
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