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ORDINANCE NO. ~ 1 ~c ~ / / <br />AN ORDINANCE TRANSFERRING $443,000 AMONG <br />VARIOUS ACCOUNTS WITHIN THE DEPARTMENT OF <br />COMMUNITY AND ECONOMIC DEVELOPMENT <br />STATEMENT OF PURPOSE AND INTENT: <br />In order to assure the efficient and timely utilization of Community Development Block <br />Grant Funds transfers among accounts are necessary. <br />NOW, THE_RFFORE, BE IT ORDAINED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />SECTION I. The sum of $443,000 is hereby transferred among accounts as set forth <br />below. <br /> Reduce the following accounts: <br />Project No. Description Am n <br /> 1996 Program Income Account 35,048 <br />CD94-307 Boy's & Girl's Club 7,871 <br />CD94-305 Cushing Public Works 5,468 <br />CD94-110 Southeast Housing 1,265 <br />CD95-102 Affordable Loan 39,503 <br />CD95-103 HDC Lease/Purchase 57,739 <br />CD95-104 REWARD 16,655 <br />CD95-515 Task Force on Housing 16 <br />CD96-304 El Campito Site Improvement 936 <br />CD96-305 Parks-Bleachers 560 <br />CD96-306 Parks - ADA Projects 25 <br />CD96-502 Community Coordinated Child Care 4,565 <br />CD96-511 Neighborhood Watch 13,606 <br />CD96-514 NNN, Inc. Social & Economic Concerns 562 <br />CD96-510 El Campito Parent Center 1,096 <br />CD96-602 NNN, Inc. Admin 2,345 <br />CD96-1100.2 Historic Preservation 9,129 <br /> Section 108 Payment (1996 & 1997) 4 11 <br /> TOTAL $443,000 <br /> Increase the following accounts: <br />Project No. Descri tp ion Am n <br />CD97-307 Boy's & Girl's Club $20,000 <br />CD97-107 Broadway Street Mortgage Subsidy 132,000 <br />CD97-316 Broadway Street Public Improvements 44,000 <br />CD97-521 LaCasa de Amistad/El Campito 10,000 <br />CD97-111 NHS Revolving Loan Fund 55,000 <br />CD97-110 Southeast House Moves 35,000 <br />CD97-607 Michigan Street Development 40,000 <br />CD97-316 LaSalle Neighborhood Center Addition 100,000 <br />CD97-302 Neighborhood Partnership Center Public Works 7000 <br /> TOTAL $443, 000 <br />SECTION II. No costs will be incurred or funds expended for any of the activities in this <br />ordinance prior to an official release of funds received from the United States Department of <br />Housing and Urban Development as may be required. <br />SECTION III. This ordinance shall be in full force and effect from and after its passage by <br />the Common Council and approval by the ayor. <br />~d~~ <br />1 ST KE~c~H~ 3 ~L~~9, Member of the Common Council Filed in Clerk's Off6ce <br />iJOT APPROVED <br />REFERRED <br />PASSED ~~. f 7 <br />~~Aft 1 9 1997 <br />LORETT~ J. DULZ". <br />CITY CLHRK, ~~. E31:Nis, ~~. <br />