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ORDINANCE NO. <br /> AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND <br /> APPROPRIATING $1,708,707 FROM THE COMMUNITY DEVELOPMENT FUND (FUND <br /> 212) FOR THE NEIGHBORHOOD STABILIZATION PROGRAM 3 FOR THE PURPOSE OF <br /> DEFRAYING THE EXPENSES OF THE DEPARTMENT OF COMMUNITY AND <br /> ECONOMIC DEVELOPMENT OF THE CITY OF SOUTH BEND, INDIANA, AND <br /> DESIGNATED SUBGRANTEE AGENCIES FOR THE PROGRAM YEAR BEGINNING, <br /> MARCH 8, 2011, TO BE ADMINISTERED THROUGH THE DEPARTMENT OF <br /> COMMUNITY AND ECONOMIC DEVELOPMENT. <br /> Statement of Pu ose and Intent: <br /> The government of the City of South Bead, in partnership with the City's private sector <br /> and residents, is committed to the goal of improving the quality of life in the City, its <br /> neighborhoods, and for its residents. As part of this commitment to a comprehensive community <br /> development and improvement program, the City of South Bend, through its Department of <br /> Community and Economic Development, has applied for and has received on March 8, 2011 the <br /> approval of the United States Department of Housing and Urban Development to expend <br /> $1,708,707 in the execution of certain housing rehabilitation/assistance, neighborhood <br /> development, and general program planning and development activities. In order to implement <br /> the aforementioned activities, funds are required. <br /> NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South <br /> Bend, Indiana, as follows: <br /> SECTION I. The sum of$1,708,707 is hereby appropriated for the program year starting <br /> March 8, 2011, for the City of South Bend's Community Development Block <br /> Grant/Neighborhood Stabilization Program 3 (Program Year 2011). The appropriation shall be <br /> used as approved by the United States Department of Housing and Urban Development under the <br /> Wall Street Reform and Consumer Protection Act of 2010, American Recovery and <br /> Reinvestment Act of 2009, and the Housing and Economic Recovery Act of 2008 (Public Laws <br /> 111-203,111-005, and 110-289) and of the Code of Federal Regulations, Part Five Hundred and <br /> Seventy(570) for Community Development and as modified Neighborhood Stabilization <br /> Program 3. This appropriation shall be administered by the Department of Community and <br /> Economic Development and its designated subgrantees, in accordance with the 2011 Housing <br /> and Community Development(HCD)Action Plan and Amendment, which are hereby approved <br /> and incorporated by reference with respect to the following distributions: <br /> B-I 1 MN-18-0011 <br /> Neighborhood Stabilization Pro am 3 <br /> Dept. of Community&Economic Development - Admin 105,000 <br /> Northeast Neighborhood Revitalization Organization 1,603,707 <br /> Permanent Rental Housing for Special Needs Population 493,067 <br />