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, <br /> BILL NO. <br /> ORDINANCE NO 7?55' c <br /> AN ORDINANCE APPROPRIATING $ 78, 186. 00 <br /> AMONG 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 <br /> Community Development Block Grant Funds and that the immediate <br /> needs of specific activities are met,, additional appropriations <br /> among accounts are necessary. . <br /> NOW, THEREFORE, BE IT ORDAINED by the Common Council of the <br /> City of South Bend, Indiana: <br /> SECTION I. Additional 1988 Community Development Block Grant <br /> Entitlement Funds in the amount of $78, 186. 00 are hereby <br /> appropriated and allocated among accounts as set forth below.. <br /> CD88-609 Monroe Park Development $ 38, 186 <br /> CD88-302 Ko-Op 65 10,000 <br /> CD88-102 Housing Fund 30, 000 <br /> $ 78, 186 <br /> SECTION II. No costs will be incurred or funds expended for <br /> any activities in this ordinance prior to an official release of <br /> funds received from the United States Department of Housing and <br /> Urban Development as may be required. <br /> SECTION III. This ordinance shall be in full force and effect <br /> from and after its passage by the Common Council and approved by <br /> the Mayor. <br /> 44 ■ <br /> •er of the Common Council <br />