Authorizing the Mayor to submit to the United States Government, Department of Energy, an application for a loan under the "Loan Program for Small Hydroelectric Feasibility Studies."

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RESOLUTION NO. e y 3 --?6 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AUTHORIZING THE MAYOR TO SUB- MIT TO THE UNITED STATES GOVERNMENT, DEPARTMENT OF ENERGY, AN APPLICATION FOR A LOAN UNDER THE "LOAN PROGRAM FOR SMALL HYDROELECTRIC FEASIBILITY STUDIES ". WHEREAS, the City of South Bend, acting through the Office of the Mayor and Common Council, has aggressively and successfully sought out federal assistance to support local efforts and to supplement local resources; and, WHEREAS, the Mayor is the chief executive officer of the City, and is the applicant for a loan called "The Loan Program For Small Hydroelectric Feasibility Studies" under the auspices of the Department of Energy. NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City of South Bend, Indiana: SECTION I. Hereby establish the authority of the Mayor of the City of South Bend to submit an application for funds in the amount of forty -five thousand dollars ($45,000) to the United States Department of Energy under the "The Loan Program For Small Hydroelectric Feasibility Studies ". SECTION II. Hereby designates the Division of Community Development as the administrative agent for the program. The Division of Community Development shall submit to the Common Council a line item budget in ordinance form prior to any expenditures of any grant money received upon approval of this application. SECTION III. This resolution shall be in full force and effect from and after its adoption by the Common Council and a proval by the Mayor. "Member of the Common Council PRESENTED ( � '� � 0 NOT APPROVED ADOPTED / -2 - 0- ?" ,FC-N 10 - -6 ran i ia4n Clif f4ERY,:-�)UM E- IID, L':J.