Authorizing the Mayor to submit the Indiana Finance Authority for 731 W. Chippewa Ave

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RESOLUTION NO. ,, ~ o ~ 5 V O A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AUTHORIZING THE MAYOR TO SUBMIT TO THE INDIANA FINANCE AUTHORITY AN APPLICATION FOR A SITE ASSESSMENTGRANT 1N THE AMOUNT OF $92,386 FOR PROPERTY LOCATED AT 731 WEST CHIPPEWA AVENUE, SOUTH BEND, INDIANA WHEREAS, Indiana Land Trust 731 GRN is interested in submitting an application for a Site Assessment Grant from the Indiana Finance Authority for a Phase II Site Assessment at 731 West Chippewa Avenue in South Bend, Indiana; and WHEREAS, the Site Assessment Grant Initiative Program (SAGI) requires that the grant application be submitted by the political subdivision on behalf of a property located within its jurisdiction; and WHEREAS, the Mayor of the City of South Bend, Indiana, is the Chief Executive Officer of the City and is the appropriate applicant for a Stipulated Remediation Grant from the Indiana Finance Authority as part of the Site Assessment Grant Initiative Program. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. That the Mayor of the City of South Bend, Indiana, is hereby authorized to submit a Site Assessment Grant Initiative Program grant application in the amount of $92,386.00 on behalf of the property owner, Indiana Land Trust 731 GRN for a Phase II Site Assessment at 731 West Chippewa Avenue, South Bend, Indiana, the former Hannover property. SECTION II. That the Mayor of the City of South Bend, Indiana, shall file with the Common Council a complete copy of the Site Assessment Grant application to be submitted by the Mayor to the Indiana Finance Authority. SECTION III. That for every activity, project, or program to be funded under this resolution, the Mayor shall submit to the Common Council an appropriation ordinance prior to expenditure of any funds received from the Indiana Finance Authority upon approval of this application. SECTION IV. That the Mayor shall be authorized to accept and affirm the grant should one be awarded. SECTION V. That the City of South Bend, Department of Community and Economic Development be designated as the agency and office administering on behalf of the City of South Bend any grant awarded under this application.