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01-28-08 Council Meeting Agenda & Packet
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01-28-08 Council Meeting Agenda & Packet
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9/12/2012 9:17:23 AM
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City Council - City Clerk
City Counci - Date
1/28/2008
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9823-08 Appropriating $92,386 of Indiana Finance authority grant within Fund #210
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9824-08 Appropriating $5,300,000 from the Major Moves Construction Fund (Fund #412) - Eddy Street Commons
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9825-08 Appropriating $100,000 within the U.D.A.G. fund (Fund #410) - Providing Predevelopment Costs for potential
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1200 COUNTY -CITY BUILDING <br />227 W. JEFFERSON BOULEVARD <br />SOUTH BEND, INDIANA 46601 -1830 <br />PHONE 574/235 -9371 <br />FAX 574/235 -9021 <br />TDD 574/ 235 -5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY & ECONOMIC DEVELOPMENT <br />p JEFFREY V. GIBNEY <br />January 7, 2008 EXECUTIVE DIRECTOR <br />&-�t l 0)-erg <br />South Bend Common Council <br />Fourth Floor Council Chambers <br />400 County -City Building <br />South Bend, IN 46601 <br />Dear Council Member: <br />The attached bill for your consideration and approval will appropriate $100,000 of Urban <br />Development Action Grant reimbursement funds for Predevelopment costs for pending <br />development projects within the City. As we have discussed previously, predevelopment <br />costs include items such as: market studies, appraisals, preliminary site plans, surveys, title <br />work, environmental studies, etc. which are necessary to determine the feasibility of a project <br />and determine whether it can /should proceed. In addition, this year we have a need to use <br />predevelopment funds to acquire right of way for two road projects, including Douglas Road <br />and the Napoleon Street extension. Total right of way acquisition costs are expected to be in <br />the $40,000 to $50,000 range. <br />Jeff Gibney or I will make presentation to the Council at your January 28 meeting. If you <br />have any questions, please call me at 235 -9330. <br />Sincerely, <br />zab Leonard <br />Director <br />Financial & Program Management <br />cc: Jeff Gibney <br />Don Inks <br />Pam Meyer <br />John March <br />COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT <br />PAMELA C. MEYER DONALD E. INKS <br />574/235 -9660 574/235 -9371 <br />FAx: 574/235 -9697 <br />Filed In Clerk's Office <br />JAN - 9 2008 <br />JOHN VOORDE <br />CITY CLERK, SO. SEND, IN. <br />FINANCIAL & PROGRAM <br />MANAGEMENT <br />O <br />ELIZABETH LEONARD <br />lY <br />574/235 -9371 <br />(T��� <br />
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