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9480-03 Appropriating $124,525 of Section 108 Loan Project Income, plus interest earned thereon ( Fund No. 212) for use in rehabilitation, construction, and
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9480-03 Appropriating $124,525 of Section 108 Loan Project Income, plus interest earned thereon ( Fund No. 212) for use in rehabilitation, construction, and
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7/22/2008 4:38:33 PM
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7/22/2008 4:38:33 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
12/8/2008
Ord-Res Number
9480-03
Bill Number
98-03
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1200 COUNTY-CITY BUILDING <br />$OUTFI BEND, INDIANA 46601-1830 <br />PxoNE 574/ 235-9371 <br />FAx 574(235-9021 <br />TDD 574/ 235-5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />COMMUNITY ~ ECON®NIIC DEVELOPMENT <br />November 17, 2003 <br />South Bend Common Council <br />227 W. Jefferson Blvd <br />South Bend, IN 46601 <br />Dear Common Council Members: <br />The Redevelopment Commission has recently seen remarkable progress in the Oliver Plow <br />Works redevelopment project. Phase III of demolition is nearly complete and the first developer, <br />Rose Fuel & Materials, is preparing for their move into the new Oliver Industrial Park. The <br />Commission closed on the property with Rose on November 13, 2003. Project income is now <br />available as a result of that land sale. This ordinance will appropriate the $124,525.00 purchase <br />proceeds to conduct activities to meet the goals laid forth in the Studebaker/Oliver Plow Works <br />Redevelopment Strategy. <br />Elizabeth Leonard, Finance & Program Management Director, will be presenting this ordinance <br />to the Council at its December 8, 2003 meeting. I will attend the afternoon committee session to <br />answer any question you may have regarding this ordinance. <br />Please contact me at 245-6112 or alaurent r(.~ci.south-bend.in.us with any questions. <br />Sincerely <br />Andy Laurent <br />Economic Development Specialist <br />COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL ttc PROGR4M r~ ~1~~i <br />PAMELA C. MEYER DONALD E. INxs MANAGEMENT ( } <br />5741235-9660 574/235-9371 ELIZABETH LEONARD ''$~~ <br />Fax: 574/235-9697 574!235-9371 <br />
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