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BILL NO. <br />ORDINANCE NO. 6 pe! P_ P <br />AN ORDINANCE APPROPRIATING $25,000.00 FROM THE <br />COMMUNITY DEVELOPMENT BLOCK GRANT FUND FOR <br />ECONOMIC DEVELOPMENT PLANNING FOR THE STUDEBAKER <br />INDUSTRIAL CORRIDOR TO BE ADMINISTERED BY THE <br />CITY OF SOUTH BEND THROUGH ITS DIVISION OF <br />COMMUNITY DEVELOPMENT. <br />STATEMENT OF PURPOSE AND INTENT: <br />The government of the City of South Bend is committed to the goal <br />of expansion of job opportunities for its residents. To achieve this goal, <br />the City of South Bend recognizes that the renewal and revitalization of the <br />Studebaker Industrial Corridor could provide an exemplary stimulus for the <br />creation of numerous jobs for area residents as well as provide stimulus <br />for economic growth for the entire community. Accordingly, the City of <br />South Bend proposes to undertake a planning feasibility study of the Studebaker <br />Industrial Corridor, to determine the best possible reuse of the buildings <br />contained therein. <br />NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of <br />South Bend, Indiana, as follows: <br />SECTION I. The sum of $25,000.00 is hereby appropriated for the program <br />year starting July 7, 1979 from the Community Block Grant Fund (Program Year <br />1979.) This appropriation is to be administered by the Division of Community <br />Development, as set forth below: <br />PROGRAM CD -79 -1102 <br />COMMUNITY DEVELOPMENT PROGRAM <br />Purpose Amount <br />Economic Development Planning $ 25,000.00 <br />for the Studebaker Industrial Corridor <br />$ 25,000.00 <br />SECTION II. This Ordinance shall be in full force and effect from <br />and after its passage by the Common Council and approval by the Mayor. <br />/ /- a V--P6 <br />itKGT APPROVED <br />REFERRED <br />PASSED w <br />/' a P-1. , f" - - <br />Membe a Common Council <br />Irene Gammon <br />CITY CLERK,SOUTN BEND,IND. <br />