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CITY of SOUTH BEND <br />ROGER O. PARENT, Mayor <br />COUNTY-CITY BUILDING • SOUTH BEND, INDIANA 48801 <br />DIVISION OF COMMUNITY DEVELOPMENT <br />Colleen Rosenfeld <br />Director <br />April 17, 1984 <br />South Bend Common Council <br />4th Floor County -City Building <br />South Bend, IN 46601 <br />Dear Council Members: <br />V. <br />F <br />Z • II�II 3: <br />� 2 <br />Y <br />1200 County -City Building <br />South Bend, Indiana 46601 <br />(219)284 -9335 <br />The ordinance submitted for your consideration would <br />transfer funds between two different CDBG sources for two <br />approved CD projects. <br />The appropriation ordinance would transfer $150,000 of <br />CDBG -Jobs Bill funds appropriated for the Western Avenue <br />Commercial Rehabilitation Fund to the Studebaker Corridor <br />Improvement Fund; and, in turn, transfer $149,918 of CDBG funds <br />from the Studebaker Corridor Improvement Fund to the Western <br />Avenue Commercial Rehabilitation Fund. <br />The purpose of this transfer is to allow the CDBG -Jobs Bill <br />funds (which must be spent or obligated by December 31, 1984) to <br />be used for a construction project that will be underway prior to <br />the CDBG -Jobs Bill expenditure deadline. <br />At the same time, the transfer would ensure that the Western <br />Avenue Commercial Rehabilitation Program could be carried out <br />effectively and efficiently after due consideration by the <br />Western Avenue Task Force without a HUD imposed deadline. <br />Should you have any quesitons or require additional <br />information please call me. <br />Sincerely, <br />Colleen Rosenfe <br />Director <br />CR:des <br />Attachment <br />cc: Jon Hunt <br />