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CITY of SOUTH BEND <br />PETER J. NEMETH, Mayor <br />COMMUNITY DEVELOPMENT PROGRAM <br />Carl Ellison <br />Director <br />September 6, 1978 <br />Jon R. Hunt <br />Deputy Director <br />V. LaMar Wilson M E M O R A N D U M <br />Assistant Director — — — — — — — — — — <br />TO: MEMBERS OF THE COMMON CODUNCIL <br />FROM: CARL ELLISON Ud yjC,(,d,g <br />SUBJECT: WEST WASHINGTON REHABILITATION REVOLVING FUND <br />�\�� • DF�F! <br />J <br />O <br />:E • II • 3 <br />v � 2 <br />• 1' <br />�b�JO�a • <br />1440 County -City Building <br />South Bend, Indiana 46601 <br />219/284 -9335 <br />The attached ordinance seeks $50,000 to expand and continue the <br />West Washington Historic District Revolving Fund which was created dur- <br />ing the first program year. <br />These funds will assist Southold Heritage Foundation to provide <br />both short -.and long -term loans in the Near West Side Neighborhood Strategy <br />Area. Additionally, Southold will strengthen its capability to provide <br />numerous housing services to the area. <br />Proposed expenditures follow: <br />A. ADMINISTRATION <br />Executive Director $12,400 <br />Administrative Assistant 9,000 <br />Fringes (FICA and unemployment 60) 1,290 <br />B. OTHER <br />Liability and Insurance <br />200 <br />Postage <br />200 <br />Telephone <br />200 <br />Promotion and Development <br />400 <br />Rent <br />1,200 <br />Printing and Copy <br />180 <br />Office Supplies <br />50 <br />Travel <br />230 <br />Contingency <br />250 <br />C. CAPITOL FOR REVOLVING FUND 24,000 <br />TOTAL $50,000 <br />