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9614-05 Appropriating $4,000,000 within Fund 101 for the purpose of redevelopment of the Studebaker-Oliver Project
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9614-05 Appropriating $4,000,000 within Fund 101 for the purpose of redevelopment of the Studebaker-Oliver Project
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Last modified
12/13/2010 10:23:34 AM
Creation date
2/13/2008 2:06:28 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
9/12/2005
Ord-Res Number
9614-05
Bill Number
58-05
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ORDINANCE NO. ~~' l _\~ <br />AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, <br />INDIANA, APPROPRIATING $4,000,000 WITHIN FUND 101 FOR THE PURPOSE OF <br />REDEVELOPMENT OF THE STUDEBAKER-OLIVER PROJECT AREA <br />Statement of Purpose and Intent: <br />The Studebaker-Oliver Project is a significant Brownfield revitalization project within <br />the City of South Bend, and funding the costs of this project is a priority. This ordinance <br />provides for the appropriation of non-tax revenue funds on deposit in the City's General <br />Fund #101 to pursue the necessary redevelopment activities in the Studebaker-Oliver <br />project area, including costs of acquisition, relocation, demolition, site preparation, <br />environmental studies and clean-up, and other similar costs. <br />NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of <br />South Bend, Indiana, as follows: <br />SECTION I. The sum of $4,000,000 from the General Fund is hereby appropriated <br />and set aside within Fund 101 for use in redevelopment activities (including acquisition, <br />relocation, demolition, site preparation, environmental studies and clean-up, disposition, <br />etc.) taking place in the Studebaker-Oliver Redevelopment Project Area. <br />SECTION II. This Ordinance shall be in full force and effect from and after its <br />passage by the Common Council and approval by the Mayor. <br />~~ <br />Member, South Ben Common Council <br />Atte <br />ity C erk <br />Presented by me to the Mayor of the City of South Bend, Indiana on the ~~ <br />day of ~ , 2 ~. , at '• IS o'clock ~. m. <br />~~ ~ ~,, _ ~ <br />r',~ 1 City Clerk <br />Approved and signed by me on the /G day of o ,~,~~.~-~--~ , 2~~ at ~i: ?.~' <br />o'clock Q. m. <br />i <br />1st READING g-L~-"~s <br />PUBLIC HEARIIVG~-LZ'~r <br />3 rd READING q--~t_~S- <br />NOT APPROVE® <br />REFERRED <br />PASSED . ~ - lZ-~ S~ <br />~~iled tn_Cterk's Office <br />i r~-~+ <br />i <br />L,_.... <br />S(?;{pl VOORDE <br />i CiTI' GLcr~l;, 50. B1rP1D, IN. <br />ayor, <br />Bend, Indiana <br />
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