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ORDINANCE NO. 3 <br /> AN ORDINANCE APPROPRIATING $4,130,927 FROM THE COMMUNITY <br /> DEVELOPMENT BLOCK GRANT FUND FOR THE PURPOSE OF DEFRAYING THE <br /> EXPENSES OF THE DEPARTMENT OF COMMUNITY AND ECONOMIC <br /> DEVELOPMENT OF THE CITY OF SOUTH BEND, INDIANA, AND DESIGNATED <br /> SUBGRANTEE AGENCIES FOR THE PROGRAM YEAR BEGINNING JANUARY 1, <br /> 1996, TO BE ADMINISTERED THROUGH THE DEPARTMENT OF COMMUNITY AND <br /> ECONOMIC DEVELOPMENT. <br /> Statement of Purpose and Intent: <br /> The government of the City of South Bend, in partnership with the City's private <br /> sector and residents, is committed to the goal of improving the "quality of life" in the City, <br /> its neighborhoods, and for its residents. As part of this commitment to a comprehensive <br /> community development and improvement program, the City of South Bend through its <br /> Department of Community and Economic Development will apply for and anticipates <br /> receiving on or about January 1, 1996, the approval of the United States Department of <br /> Housing and Urban Development to expend $4,130,927.00 in the execution of certain housing <br /> rehabilitation/assistance, code enforcement, public improvement, neighborhood development, <br /> public service, and general program planning and development activities. In order to <br /> implement the aforementioned activities, funds are required. <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 $4,130,927.00 is hereby appropriated for the program year <br /> starting January 1, 1996, from the City of South Bend's Community Development Block Grant <br /> Fund (Program Year 1996). The appropriation shall be used as approved by the United States <br /> Department of Housing and Urban Development under Title Twenty-four (24) of the Code of <br /> Federal Regulations, Part Five Hundred and Seventy (570) for the Community Development <br /> Program Year 1996. This appropriation shall be administered by the Department of <br /> Community and Economic Development and its designated subgrantees and will be distributed <br /> as set forth below: <br /> B-96-MC-18-00ll <br /> Community Development Program <br /> Purpose Project No. Amount <br /> Housing <br /> Bureau of Housing Mgt. & Inspection CD96-101 $311,255 <br /> BOH Affordable Loan/Rehab Grant Program CD96-102 443,758 <br /> HDC Lease/Purchase Program CD96-103 150,000 <br /> R.E.W.A.R.D. CD96-104 95,000 <br /> NHS Homeownership/Revitalization CD96-105 100,000 <br /> Neighhnrhnnd Hnncing SP.rvirac Ailmin f T)9(,-1nO to nnn <br />