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HomeMy WebLinkAboutAuthorizing the Mayor to submit to the United States Government, Department of Energy, an application for a loan under the "Loan Program for Small Hydroelectric Feasibility Studies."RESOLUTION Passed by the Common Council of the City of South Bend, Indiana. December 8 19 80 Attest: °�-`�` w�� /� City Clerk Attest: of Common Council Presented by me to the Mayor of the City of South Bend, Indiana December 9 X980 "� /C�- City Clerk Approved and signed by me 3A ►. RESOLUTION NO. e y 3 --?6 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AUTHORIZING THE MAYOR TO SUB- MIT TO THE UNITED STATES GOVERNMENT, DEPARTMENT OF ENERGY, AN APPLICATION FOR A LOAN UNDER THE "LOAN PROGRAM FOR SMALL HYDROELECTRIC FEASIBILITY STUDIES ". WHEREAS, the City of South Bend, acting through the Office of the Mayor and Common Council, has aggressively and successfully sought out federal assistance to support local efforts and to supplement local resources; and, WHEREAS, the Mayor is the chief executive officer of the City, and is the applicant for a loan called "The Loan Program For Small Hydroelectric Feasibility Studies" under the auspices of the Department of Energy. NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City of South Bend, Indiana: SECTION I. Hereby establish the authority of the Mayor of the City of South Bend to submit an application for funds in the amount of forty -five thousand dollars ($45,000) to the United States Department of Energy under the "The Loan Program For Small Hydroelectric Feasibility Studies ". SECTION II. Hereby designates the Division of Community Development as the administrative agent for the program. The Division of Community Development shall submit to the Common Council a line item budget in ordinance form prior to any expenditures of any grant money received upon approval of this application. SECTION III. This resolution shall be in full force and effect from and after its adoption by the Common Council and a proval by the Mayor. "Member of the Common Council PRESENTED ( � '� � 0 NOT APPROVED ADOPTED / -2 - 0- ?" ,FC-N 10 - -6 ran i ia4n Clif f4ERY,:-�)UM E- IID, L':J. CITY of SOUTH BEND ROGER O. PARENT, Mayor COUNTY -CITY BUILDING • SOUTH BEND, INDIANA 46601 DIVISION OF COMMUNITY DEVELOPMENT MARZY T. BAUER Director STEVEN F. COMPTON Deputy Director TO: FROM: M E M O R A N D U M Lewis A. McGann, President Common Council Marzy T. Bauer, Director Community Development J���� • �F �Fl O t Y III 20 II® 2 y 1440 County -City Building South Bend, Indlana46601 (219) 284.9335 SUBJECT: Resolutions authorizing Mayor to submit applications to the United States Government, Department of Energy for a loan and to the State of Indiana, Department of Commerce for a matching grant for a "Small Hydroelectric Facility Feasibility Study ". DATE: December 2, 1980 On December 8, 1980, the Common Council will consider Resolutions authorizing the Mayor to submit two applications which will provide the City with the funds necessary to study the feasibility of developing a hydroelectric facility on the St. Joseph River in the East Bank area. The major source of funding will come from the Department of Energy's Loan Program For Small Hydroelectric Feasibility Studies. This program funds up to 90% of the cost of the feasibility study, with the loan forgiven if the project proves to be unfeasible. The additional 10% needed to cover the cost of the study will be requested from the Indiana Department of Commerce's Energy Development Board. These funds will be an outright matching grant and will require no payback. The cost of the feasibility study will be $50,000 with $45,000 requested from the Department of Energy and $5,000 requested from the Indiana Energy Development Board. Page Two Lewis A. !IcGann December 2, 1980 As a part of the study process we will also be applying to the Federal Energy Regulatory Commission for a preliminary permit to generate energy. This application is made in order that the applicant may secure and maintain priority of application for a license for the project under Part I of the Federal Power Act while obtaining the data and performing the acts required to determine the feasibility of the project and to support an application for a license. We expect to submit these applications before the first of the year to meet a January 1, 1981 due date and are therefore submitting these resolutions at'this time because of your December meeting schedule. A copy of the actual application will be submitted to you upon completion. Should you have questions concerning the attached Resolutions, please contact me or Steven Compton of my staff. We would be happy to provide further explanation. I respectfully request favorable consideration of the authorizing resolutionsat your December 8, 1980 meeting. MTB /gw cc: Mayor Roger 0. Parent Joseph Kernan Steven F. Compton Patricia A. Osmon Common Council Members