Amending Chapter 11 Generally Known as the Housing & Maintenance Code

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SECTION V. Chapter 11, Article 1, Sec. 11 -1(f) is added as follows: (f) Notwithstanding any provision of the Unsafe Building Law, the term "substantial property interest" as used therein shall mean any right in real estate susceptible of being affected in a substantial way by actions authorized by the Unsafe Building Law, including a fee or future interest, life estate interest, present posses- sory interest or equitable interest of a contract purchaser. SECTION VI. as follows: Chapter 11, Article 1, Sec. 11 -1(g) is added (g), (1) As provided by section 17 of the Unsafe Building Law a fund designated as the "Unsafe Building Fund" shall be established in the operating budget of the Division of Substandard Buildings. Any balance re- maining at the end of any fiscal year shall be carried over in the fund for the following year and shall not revert to the general fund. Moneys for such fund may be received from any source, including appropriations by the Common Council, state or federal legislative authority, and donations. (2) As further provided by section 17 of the Unsafe Building Law, the Commissioner of Buildings may take action to transfer all or any part of any money which may exist in the "building demolition, repair and contingent fund" created by Indiana Code 18 -5 -5 -7 (1976 Ed.) to the unsafe building fund. (3) Moneys included in the unsafe building fund shall be used in accordance with the provisions of section 17(d) of the Unsafe Building Law. (4) Payment of moneys from the unsafe building fund shall be made in accordance with applicable law. SECTION VII. Severability. If any provision, section, or part of any section of this ordinance is declared to be invalid or unconstitutional, such decla- rations shall not be construed to affect any of the other provisions, sections, or part of sections herein, and the remainder of the ordi- nance shall not thereby be invalidated. SECTION VIII. This ordinance shall be in full force and effect from and after its passage by the Common Council, approved by the Mayor and legal publications. IlaI signed only to provi opportunity icr public and Council action on t .,tc : ZING ? r�C n APPROVED REFERRED PASSED _ :� - 2 - r of the Common Council to an discussion ie issug., f'iLED CHICE FF G 2 � q Irene Gammon CITY CLERK, SOUTH BEND, IND.