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9986-09 Amend Ordinance #9924-09 to readjust certain distributions for calendar year 2009 within Community development fund #212
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9986-09 Amend Ordinance #9924-09 to readjust certain distributions for calendar year 2009 within Community development fund #212
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Last modified
10/4/2010 3:38:47 PM
Creation date
1/18/2010 9:16:17 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
12/14/2009
Ord-Res Number
9986-09
Bill Number
92-09
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ORDINANCE NO. 1, -t ~° ~~~ <br />AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, <br />INDIANA, AMENDING ORDINANCE # 9924-09 TO READJUST CERTAIN <br />DISTRIBUTIONS FOR CALENDAR YEAR 2009 WITHIN COMMUNITY <br />DEVELOPMENT FUND (#212) <br />STATEMENT OF PURPOSE AND INTENT <br />On May 12, 2009, the South Bend Common Council passed Ordinance #9924-09 which <br />appropriated a total of $4,098,531.00 in Neighborhood Stabilization Program (NSP) monies <br />receivable from the United States Department of Housing and Urban Development (HUD). This <br />Ordinance #9924-09 provided for distribution to various City agencies and non-profit private <br />enterprises which perform housing rehabilitation and other services beneficial to the South Bend <br />Community in furtherance of the HUD grant purposes. <br />Since passage of Ordinance #9924-09, certain operational changes have occurred which <br />require the increase of certain designated appropriations and the decrease of others. <br />NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND, INDIANA as follows: <br />SECTION I. The following distributions set forth in Ordinance #9924-09 shall be <br />increased and decreased as follows: <br />Name of Distributee Original New Distribution Shift <br /> Distribution (To) <br /> (From) <br />Dept. of C&ED $95,000.00 $94,999.00 ($1.00) <br />Planning & Admin <br />NNN Acq/New <br />Constniction <br />will change to $200,000.00 $480,000.00 $280,000.00 <br />Acq/I'+1ew <br />Contruction/Rehab <br />NNN Acq/Rehab $750,000.00 $540,000.00 ($210,000.00) <br />SBHF Acq/New <br />Constniction $200,000.00 $620,000.00 $420,000.00 <br />will change to <br />Ac /New <br />
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