No. 0043 authorizing the filing of an application for loan and grant for Chapin Street Project No. INDIANA R-29

Home Browse Search

RESOLUTION OF THE CITY OF AUTHO ZING THE FILING OF CHAPIN STREET PROJECT NO. Resolution #43 SOUTH BEND, DEPARTMENT OF REDEVELOPMENT AN APPLICATION FOR LOAN AND GRANT FOR INDIANA R -29 WHEREAS it is necessary and in the public interest that City o South Bend, Department of Redevelopment avail itself financi.al assistance provided by Title I of the Housing Act as amelided, to carry out the urban renewal project describe Chapin ieferred Street, Indiana R -29 and bounded generally by Wester Scott treet, New York Central Main Line, and Laurel Street, after to as the "Project "; and obliges will r in -aid placed of EREAS it is recognized tha al assistance pursuant to ions and responsibilities quire among other things= (2) a feasible method for from the project area; an ibilities in connection wi n renewal projects: t the said upon t (1) t the r d (3) th the the of the of 1949, d as n Avenue, herein- Federal contract for such Title I will impose certain he Local Public Agency and he provision of local grant elocation of families dis other local obligations and undertaking and carrying o s- ut N W, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT COMMIS ION OF THE CITY OF SOUTH BEND, DEPARTMENT OF REDEVELOPMENT, That Application on behalf of the City of South Bend, Department of Red velopment for a loan under Section 102(a) of said Title I in the amount of $1,428,066 and for a Project Capital Grant and a Relocation Grant to the full amount available for undertaking and financ'ng the Project is hereby approved, and that the President is hereby authorized and directed to execute and to file such Applic tion with the Housing and Home Finance Agency, and to provide such a ditional information and to furnish such documents as may be requir d in behalf of said Agency, and to act as the authorized corres ndent of the City of South Bend, Department of Redevelopment. r R 231