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South Bend Redevelopment Commission Page 11 July 7, 1978 7. PROGRESS REPORTS Com unity Development Department of the City, all except one item. There is $6,000 in an ordinance which I will speak about in a minute. Redevelop- ment will be without funds except for the funds covered in that ordinance. The Department of Community Development is expected to appropriate the money back to us. It will probably take from thirty to sixty days to get that done because they have to go back to the Council and all of tha . Meanwhile, we will have to live on that $6- 7,000, actually it is 6,686, which will be up on second reading Monday nite. Mr.INimtz: This has all been discussed with Carl Ellison? Mr. Brownell: Yes, and he has made a comment to the Council and the Mayor has made comment on the other ordinance which is for an amount of $2,126,000 whi h is on first reading Monday night and will come up on second reading on the 24th of July. Furthermore I have no information on the lawsuit - ant'cipating that question. I think that is the end of my progress reports. Mr. Nimtz: To get back to the other itemk from what you know and the Council and rstand, this is purely a book transaction? Mr. Brownell: I believe they do, I have not talked to the Council but Carl Ellison said he had. Cha r: Are there any questions? Dave Anderson: One question: about this $6,000 plus balance, is this a ser ous situation in meeting the payroll and things like that? Mr. Brownell: I don't think it is - that is being submitted to the Council on econd reading Monday night, to be appropriated for our use - to live on for the month of July. Mr. Wiggins: That is the transition. Mr. Brownell: The transition funds..it is the balance that was not appro- pri ted by the Council when they went through last fall. Mr. Anderson: So there is no problem with that then? Mr. Brownell: I don't think so, I think it is just the balance of the mon y Community Development has assigned to us and that was not appropriated. Mr. Anderson: Second question: with the receipt of that $2.1 million dollars of yrgent needs money for Century Mall, will the Commissioners decide to pro eed with those aspects of land clearance, or acquisition... Mr. is on rev, so, Brownell: It isn't a matter of receipt of the money. The $2,126,000 letter of credit that has been sent to the City with the stipulation t that you can't take anything down from it until the environmental ew is completed - which has now been completed I understand. That being Mr. Ellison and the Mayor have presented this to the Common Council