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SOU I '& <br /> 1200 COUNTY-CITY BUILDING PHONE 5741235-9371 <br /> 227 W.JEFFERSON BOULEVARD U �� X r, ,� <br /> PA `.\PI ACE�j FAX 5741235-9021 <br /> SOUTH BEND,INDIANA 46601-1830 ' "'�'�� TDD 5741235-5567 <br /> mss-- R <br /> 1865 <br /> CITY or-SOUTH BEND STEPHEN J. LUECKE, MAYOR <br /> COMMLTNI'TY & ECONOMIC DEVELOPMENT <br /> JEFFREY V. GTBNEY <br /> ExEcurivE DIRECTOR <br /> May 16,2011 <br /> Mr. Derek Deiter <br /> President, South Bend Common Council —� <br /> 227 W. Jefferson Blvd., Suite 400 <br /> South Bend, IN 46601 <br /> Dear President Deiter: <br /> The attached bill for Council consideration and approval will appropriate$1,708,707 in 2011 <br /> Neighborhood Stabilization 3 (NSP3) funds for the three year period of March 8, 2011-March 7, 2014. <br /> This action allocates new funds in accordance with the 2011 Action Plan and NSP 3 Amendment of the <br /> Housing and Community Development Plan(HCD)submitted to the Department of Housing and Urban <br /> Development on March 1, 2011. <br /> As was explained in the email notification to the Council sent February 8, 2011,the 2011 HCD <br /> Action Plan NSP3 Amendment was the subject of a 15-day public comment period that began February <br /> 11,2011 and expired February 25, 2011. The City received the Release of Funds Notice on April 21, <br /> 2011. Grantees have to expend 50% of the funds within 24 months from the HUD grant agreement <br /> execution date of March 8, 2011, and 100°/%no later than March 7, 2014. <br /> Should there be any questions on this bill please contact me at 235-5845. 1 will be present to address this <br /> issue at the June 13,2011 meeting. Thank you. <br /> Sin re , , <br /> 7 <br /> Pamela C.Meyer &- <br /> Director <br /> cc: Jeff Gibney <br /> Gregg Zientara <br /> John March <br /> Laura Raygoza <br /> COMMi3NITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL&PROGRAM <br /> PAMELA C.MFYFR DONALD E~ INKS MANAGEMENT C,J <br /> 5741235-9660 5741235-9371 ELIZABETH LEONARD <br /> Fax: 574/235-9697 5741235-9371 <br />