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No. 0373 authorizing the execution of Redevelopment Agreement for disposition of land and execution of warranty deed(s) for transfer of title thereto in connection with LaSalle Park Project, IND R-57 (Scott)
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No. 0373 authorizing the execution of Redevelopment Agreement for disposition of land and execution of warranty deed(s) for transfer of title thereto in connection with LaSalle Park Project, IND R-57 (Scott)
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10/18/2012 4:10:08 PM
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RESOLUTION NO. <br />RESOLUTION OF THE COMMON COUNCIL OF SOUTH BEND <br />ING NEIGHBORHOOD DEVELOPMENT PROGRAM, ANNUAL INCREMENT THEREOF <br />AND FILING OF AN APPLICATION FOR FINANCIAL ASSISTANCE <br />WHEREAS, under Title I of the Housing Act of 1949, as amended "Title I ", the <br />secretary of Housing and Urban Development is authorized to extend financial assist- <br />ance to local public agencies in the elimination and prevention of the spread of their <br />slums and urban blight through undertakings and activities carried out under a Neigh- <br />borhood Development Program; and <br />WHEREAS the City of South Bend Department of Redevelopment has prepared and sub- <br />mitted a proposed Neighborhood Development Program and annual increment thereof cover- <br />ing the urban renewal areas described in Schedule A attached thereto; said proposed <br />program and annual increment having been duly reviewed and considered: <br />NOW, TIEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: <br />1. Th t the Neighborhood Development Program and annual increment are hereby <br />approved. he City Clerk is hereby directed to file a copy of said program and annual <br />increment with the minutes of this meeting. <br />2. Th t it is cognizant of the conditions that are imposed in the undertaking and <br />carrying oui of urban renewal activities with Federal financial assistance under Title I, <br />including those relating to (a) the relocation of site occupants, (b) the provision of <br />local grants-in-aid, and (c) the prohibition of discrimination because of race, color, <br />creed, or n tional origin. <br />3. Th t the financial assistance available under Title I is needed to enable the <br />City of Sou h Bend Department of Redevelopment to finance the undertakings and activi- <br />ties propos d in said program and annual increment. <br />4. Th< <br />an applicati <br />Program and <br />August 18, <br />SEAL <br />t the City of South Bend Department of Redevelopment is authorized to file <br />on for financial assistance to carry out the Neighborhood Development <br />the annual increment thereof. <br />971 <br />
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