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r <br /> T <br /> WHEREAS it is estimated that the cost of acquiring said interest <br /> will be $529641.50; and <br /> WHEREAS it is estimated that the cost of necessary demolition <br /> and removal of improvements on said land will be $19 ,915.00 ; <br /> and <br /> WHEREAS it is estimated that the total amount of relocation pay- <br /> ments to be made to eligible site occupants displaced from <br /> property to be acquired will be $51,845.00 : <br /> NOW, THEREFORE, be it resolved by the Common Council of the <br /> Civil City of South Bend: <br /> 1. That an application be made to the Department of Housing and <br /> Urban Development for a grant in an amount authorized by Title <br /> VII of the Housing Act of 1961, as amended, which amount is <br /> presently estimated to be $90,087.75, and that the Applicant will <br /> pay the balance of the cost from other funds available to it. <br /> 2. That adequate open-space land for the locality cannot effec- <br /> tively be provided through the use of existing undeveloped or <br /> predominately undeveloped land. <br /> 3 . That the Mayor of the Civil City of South Bend, Indiana, is <br /> hereby authorized and directed to execute and to file such appli- <br /> cation with the Department of Housing and - Urban Development to <br /> provide additional information and to furnish such documents as <br /> may ue required by said Department, to execute such contracts as <br /> are required by said Department , and to act as the authorized <br /> correspondent of the Applicant. <br /> 4. That the proposed acquisition is in accordance with plans <br /> for the allocation of land for open-space uses,and that , should <br /> said grant be made , the Applicant will acquire, and retain said <br /> land for the use designated in said application and approved by <br /> the Department of Housing and Urban Development. <br /> 5. That the United States of America and the Secretary of <br /> Housing and Urban Development Administrator be, and they hereby <br /> -2- <br />