9805-07 Appropriating $2,432,573 from CD Fund #212 for defraying the expenses of the Department of Comm. and Dev.

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BILL N0.74-07 ORDINANCE NO. ~ S ~ .5" ~ 1 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND APPROPRIATING $2,432,573 FROM THE COMMUNITY DEVELOPMENT FUND (FUND 212) FOR THE PURPOSE OF DEFRAYING THE EXPENSES OF THE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT OF THE CITY OF SOUTH BEND, INDIANA, AND DESIGNATED SUBGRANTEE AGENCIES FOR THE PROGRAM YEAR BEGINNING JANUARY 1, 2008, TO BE ADMIl~IISTERED THROUGH THE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT. Statement of Purpose and Intent: The government of the City of South Bend, in partnership with the City's private sector and residents, is committed to the goal of improving the quality of life in the City, its neighborhoods, and for its residents. As part of this commitment to a comprehensive community development and improvement program, the City of South Bend, through its Department of Community and Economic Development, will apply for and anticipates receiving on or about January 1, 2008 the approval of the United States Department of Housing and Urban Development to expend $2,432,573 in the execution of certain housing rehabilitation/assistance, code enforcement, public improvement, neighborhood development, public service, and general program planning and development activities. In order to implement the aforementioned activities, funds are required. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The sum of $2,432,573 is hereby appropriated for the program year starting January 1, 2008, for the City of South Bend's Community Development Block Grant Fund (Program Year 2008). The appropriation shall be used as approved by the United States Department of Housing and Urban Development under Title Twenty-four (24) of the Code of Federal Regulations, Part Five Hundred and Seventy (570) for the Community Development Program Year 2008. This appropriation shall be administered by the Department of Community and Economic Development and its designated subgrantees, in accordance with the 2008 Housing and Community Development (HCD) Action Plan, which is hereby approved and incorporated by reference with respect to the following distributions: B-08MC-18-0011 Community Development Program REWARD 40,000 South Bend Heritage Foundation -Near West Side Acq/rehab/demo 156,937 South Bend Heritage Foundation -Colfax Campus Improvements 150,000 South Bend Heritage Foundation -Chapin & Western Commercial Acq. & Demo F:\DATA\SHARE\ECONDEV\HCD PLAN\HCD2008\OCT.20070RDINANCE.DOC