Authorizing the Mayor to Submit Application to the Indiana Department of Enviromental Management Brownsfield Cleanup Revolving Loan Fund

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RESOLUTION NO. 3 k o� - 0-)-, A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AUTHORIZING THE MAYOR TO SUBMIT AN APPLICATION TO THE INDIANA DEPARTMENT OF ENVIRONMENTAL MANAGEMENT FOR A LOAN FROM THE BROWNFIELDS CLEANUP REVOLVING LOAN FUND WHEREAS, the Mayor of the City of South Bend, Indiana, is the Chief Executive Officer of the City and is the appropriate applicant for a loan from the Indiana Department of Environmental Management (IDEM) Brownfields Cleanup Revolving Loan Fund; and WHEREAS, the purpose of the Brownfields Cleanup Revolving Loan Fund is to clean up brownfields to facilitate their sustainable reuse; and WHEREAS, the City of South Bend is interested in remediating environmental conditions at a publicly owned piece ofproperty known as Fredrickson Park in order that new development may occur on the site; and WHEREAS, the proposed remediation at Fredrickson Park meets the guidelines of the Brownfields Cleanup Revolving Loan Fund. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. That the Mayor of the City of South Bend, Indiana, is hereby authorized to submit an application to the Indiana Department of Environmental Management for a loan from the Brownfields Cleanup Revolving Loan Fund in the amount of $1,000,000. SECTION II. That the Mayor of the City of South Bend, Indiana, shall file with the Common Council a complete copy of the Loan Application to be submitted by the Mayor to the Indiana Department of Environmental Management. SECTION III. That for every activity, project, or program to be funded under this resolution, the Mayor shall submit to the Common Council an appropriation ordinance prior to expenditure of any funds received from the Indiana Department of Environmental Management upon approval of this application. SECTION IV. That the Mayor shall be authorized to accept and affirm the loan should one be awarded. SECTION V. That the City of South Bend, Department of Community and Economic Development be designated as the agency and office administering on behalf of the City of South Bend any loan awarded under this application.