Authorizing the Mayor to Submit an Application for a Grant - 821 Portage Avenue

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RESOLUTION NO. ~ ~°~~6~ A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AUTHORIZING THE MAYOR TO SUBMIT AN APPLICATION TO THE INDIANA DEVELOPMENT FINANCE AUTHORITY FOR A GRANT FROM THE PETROLEUM REMEDIATION GRANT INCENTIVE PROGRAM FOR 821 PORTAGE AVENUE WHEREAS, the Indiana Development Finance Authority is administering the Petroleum Remediation Grant Incentive program for remediating petroleum contamination at brownfield sites; and WHEREAS, the maximum grant amount is $250,000 and is to be used for a single project; and WHEREAS, an environmental assessment of 821 Portage Avenue has determined that there are multiple underground storage tanks and has determined that the removal of the underground storage tanks and potential environmental remediation will be needed for future development of this site; and WHEREAS, the City of South Bend would like to apply for funds from the Petroleum Remediation Grant Incentive program to pay for the removal of the underground storage tanks and for cleanup of contamination caused by petroleum products at 821 Portage Avenue; and WHEREAS, the Mayor is the Chief Executive Officer of the City and is the appropriate applicant for the grant from the Petroleum Remediation Grant Incentive program. 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 a grant application in the maximum amount of $250,000 to the Indiana Development Finance Authority for a grant from the Petroleum Remediation Grant Incentive program and to execute all documents related to the Petroleum Remediation Grant Incentive. SECTION II. That the Mayor of the City of South Bend, Indiana, shall file with the Common Council a complete copy of the Petroleum Remediation Grant Incentive application to be submitted to the Indiana Development Finance Authority.