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SpU TH g�, <br /> O� �\�1i'�i�l;���,`�'p <br /> IZOO COUNTY-CITY BUILDING r�. ��\ /�� �' PxorrE 574/235-9371 <br /> ZZ7 W.JEFFERSON BOULEVARD W����A�E/��% a FaY 574/235-9021 <br /> SOUTH BEND,Irrn�.ar�n 46601-1830 �,�. � °,,'aZ' � TDD 574/235-5567 <br /> ��5-- <br /> � ■ <br /> 1865 <br /> CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br /> COMMUNITY SL ECONOMIC DEUELOPMENT <br /> JEFFREY V. GIBNEY <br /> EXECUTIVE DIRECTOR <br /> May l6, 20ll <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 Apri121, <br /> 2011. Grantees have to expend 50%of the funds within 24 months from the HLJD grant agreement <br /> execution date of March 8,201 l, and 100%no later than March 7,2014. <br /> Should there be any questions on this bill please contact me at 235-5845. I will be present to address this <br /> issue at the June 13, 2011 meeting. Thank you. <br /> Sin re , <br /> , <br /> ��� � - <br /> � <br /> Pamela C.Meyer � <br /> Director <br /> cc: Jeff Gibney <br /> Gregg Zientara <br /> John March <br /> Laura Raygoza <br /> COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL A.'PROGRAM �V!`� � <br /> � <br /> PAhIELA C.MEYER DONALD E.INKS MANAGEMENT <br /> 574/235-9660 574/235-9371 EL�znaETx LEONARD <br /> Fax: 5741235-9697 574/235-9371 <br />