02-24-03 Council Meeting Minutes

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REGULAR MEETING FEBRUARY 24, 2003 of the City and is the appropriate applicant for a Brownfields Site Assessment Grant. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. That the Mayor of the City of South Bend, Indiana, is hereby authorized to submit a grant application, up to the maximum amount of $50,000, to the Indiana Development Finance Authority for a Brownfields Site Assessment Grant. SECTION II. That the Mayor of the City of South Bend, Indiana, shall file with the Common Council a complete copy of the Brownfield Site Assessment Grant application to be submitted by the Mayor to the Indiana Development Finance Authority. SECTION III. That for every activity, project, or program to be funded under this resolution, the Mayor shall submit to the Common Council an appropriation ordinance prior to expenditure of any funds received from the Indiana Development Finance Authority upon approval of this application. SECTION IV. That the Mayor shall be authorized to accept and affirm the grant should one be awarded. SECTION V. That the City of South Bend, Department of Community and Economic Development be designated as the agency and office administering on behalf of the City of South Bend any grant awarded under this application. SECTION VI. That this resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. s/Karen L. White Member of the Common Council Councilmember King, Chairperson, Community and Economic Development Committee, reported that this committee held a Public Hearing on this bill this afternoon and sends it to the Council with a favorable recommendation. Mr. Andy Laurent, Economic Development Specialist, Community & Economic Development Department, 12th Floor, County -City Building, South Bend, Indiana, made the presentation for this bill. Mr. Laurent advised that this Resolution authorizes the Mayor to submit an application for a Brownfields Site Assessment Grant in the maximum amount of fifty thousand dollars ($50,000.00) to the Indiana Development Finance Authority. These funds, if awarded, will be used to conduct environmental site assessment activities at the former South Bend Stamping Plant, on West Broadway. These activities will further the goals of the Studebaker Oliver Redevelopment Project. If awarded, the Department of Community and Economic Development will be designated as the agency administering the grant and an appropriation ordinance will be brought to the Council to ■