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<br />a r <br />ORDINANCE NO. ~ Z ~ 1 J 41 <br />AN ORDINANCE APPROPRIATING $800,000, PLUS INTEREST EARNED THEREON, WITHIN <br />FUND 209 FOR THE PURPOSE OF REDEVELOPMENT OF THE STUDEBAKER-OLIVER <br />PROJECT AREA <br />Statement of Purpose and Intent: <br />In order to assure the efficient and timely utilization of Studebaker-Oliver Redevelopment <br />project funds, certain appropriations are needed: <br />NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, <br />Indiana, as follows: <br />SECTION I. The sum of $800,000, plus interest earned thereon, is hereby appropriated for use <br />in redevelopment activities (including acquisition, relocation, demolition, site preparation, environmental <br />studies and clean-up, disposition, etc.) taking place in the Studebaker-Oliver Redevelopment Project Area. <br />SECTION II. This Ordinance shall be in full force and effect from and after its passage by the <br />Common Council and approval by the Mayor. <br />- <br />Member of the Commo Council <br />Ot <br />1st READING ~^~ <br />PUBLIC NEARING ~ ~2,3'~~ <br />3rd READING ~. 23 ' ° ~ <br />NOT APPROVED <br />REFERRED <br />PASSED `{-Z3~~~ <br />,_ ...~ , <br />_ _ <br />L~,,,..,,.~ Y~ .1. ~i'sL2:"a <br />