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BILL NO. <br /> ORDINANCE NO. ?0,73-q3 <br /> AN ORDINANCE APPROPRIATING $343,600 <br /> TO VARIOUS ACCOUNTS WITHIN THE <br /> DEPARTMENT OF ECONOMIC DEVELOPMENT <br /> STATEMENT OF PURPOSE AND INTENT: <br /> In order to assure the efficient and timely utilization of Urban <br /> Development Action Grant Reimbursement Funds and that the immediate needs of <br /> specific activities are met, certain appropriations are necessary. <br /> NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South <br /> Bend, Indiana, as follows: <br /> SECTION I. The sum of $343,600 is hereby appropriated to accounts as set <br /> forth below. <br /> Project No. Description Amount <br /> UR90-001 NBDC Portfolio Buy-out $ 243,600 <br /> UR90-002 Predevelopment Costs 100,000 <br /> TOTAL $ 343,600 <br /> SECTION II. This ordinance shall be in full force and effect from and <br /> after its passage by the Common Council and approval by the Mayor. <br /> Member of the Co ■ I Count <br /> Filed in Clerk's Office <br /> 1st READING �- /a;40 FEB 7 <br /> PUBLIC HEARING �-a <br /> 3 rd READINr CJ-9U <br />