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r-,.®®tea CITY of SOUTH BEND <br /> ®5wax , \ ROGER O. PARENT, Mayor <br /> i o ,1 dJ�ltky +�r 4 <br /> k '' \ / •w v DEPARTMENT OF ECONOMIC DEVELOPMENT <br /> *1 'j d-4 1200 COUNTY-CITY BUILDING SOUTH BEND, INDIANA 48601 219/284-9371 <br /> ®®®!e";',..:.;-.....:•t:41 18'66 <br /> JON R. HUNT <br /> EXECUTIVE DIRECTOR <br /> ANN KOLATA <br /> DEPUTY EXECUTIVE DIRECTOR <br /> February 26, 1987 <br /> South Bend Common Council <br /> 4th Floor Council Chambers <br /> 400 County-City Building <br /> South Bend, IN 46601 <br /> Dear Council Member: <br /> The attached bill for your consideration and approval will <br /> transfer $319, 092 among CD accounts. These transfers will <br /> accomplish the following: <br /> 1 . By transferring funds from 1986 to 1985 ULO, we will <br /> correct the books to reflect the program year in which <br /> expenditures were actually made. <br /> 2 . The remainder will be transferred to help cover the <br /> shortfall President Reagan' s recission of the 1987 CDBG <br /> allocation will create for our 1987 projects. This <br /> will allow us to run the 1987 program year without <br /> cutting the funding previously approved by the Council . <br /> If you have any questions or desire further information, please <br /> call . <br /> Sincerely, <br /> liz beth Leonard <br /> Director <br /> Financial & Program anagement <br /> EL:pen <br /> cc: Jon Hunt <br /> 13/cc <br /> REDEVELOPMENT COMMUNITY DEVELOPMENT HOUSING REHABILITATION HUMAN RIGHTS FISCAL & PROGRAM <br /> ANN KOLATA & BUSINESS ASSISTANCE KATHRYN BAUMGARTNER MARY E. ALLEN MANAGEMENT <br /> 284-9371 DONALD INKS 284-9475 284-9355 ELIZABETH LEONARD <br /> 284-9335 284-9335 <br />