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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 SQL ECONOMIC DEVELOPMENT <br />January 7, 2008 <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 />JEFFREY V. GIBNEY <br />EXECUTIVE DIRECTOR <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 />izab Leonard <br />Director <br />Financial & Program Management <br />cc: Jeff Gibney <br />Don Inks <br />Pam Meyer <br />John March <br />Fit^~ tt~ Cicrk'~ G~ric <br />JAN - 92008 <br />JONPI VOORDE <br />CfTYCLEnK, S0. EE~`D, IN. <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 />FINANCIAL SC PROGRAM <br />MANAGEMENT 0~ <br />ELIZAL4ETH LEONARD ~ LI/ <br />574/235-9371 (/T~,~ <br />