HomeMy WebLinkAboutSupporting the commitment of Public Sector Resources to the continued deveopment and revitalization of South Bend's Central Business DistrictAttest:
RESOLUTION
NO. 583 -77
Passed by the Common Council of the City of South Bend, Indiana,
Attest:
September 29 19 77
ity Clerk
President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
September 30 19 77
City Clerk
Approved and signed by me �� 19 7 7.
F 1
Mayor
RESOLUTION NO. 583 -77
RESOLUTION OF THE COMMON COUNCIL OF THE CITY
OF SOUTH BEND SUPPORTING THE COMMITMENT OF
PUBLIC SECTOR RESOURCES TO THE CONTINUED
DEVELOPMENT AND REVITALIZATION OF SOUTH BEND'S
CENTRAL BUSINESS DISTRICT.
WHEREAS, the City of South Bend has embarked upon the
development and revitalization of the South Bend Central Business
District; and
WHEREAS, the continued development and revitalization
of South Bend's Central Business District is important to the
quality of life of the total community and would be advantageous
to the future growth and development of the City of South Bend;
and
WHEREAS, during the development and revitalization of
the South Bend Central Business District, it will be necessary for
the public sector to participate by providing services and
facilities; and
WHEREAS, the Common Council of the City of South Bend
is interested in promoting development of the Central Business
District,
NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL
OF THE CITY OF SOUTH BEND, INDIANA:
SECTION I. That the Common Council of the City of
South Bend will appropriate sufficient funds from its Community
Development Block Grant Entitlement for Program Year 1978, to
financially "closeout" Urban Renewal Project R -66 by August 31, 1978,
but in no event shall such appropriation exceed forty (40) percent
of such grant,
SECTION II. That the Common Council of the City of
South Bend will, as part of the "close -out" procedure, appropriate
sufficient funds from General Revenue Sharing to pay the outstanding
relocation claim for costs incurred in relocating Indiana Bell
Telephone property within the Urban Renewal Project R -66.
SECTION III. That the Common Council of the City of
South Bend will appropriate funds for any cost overruns for public
sector improvements undertaken in conjunction with the development
of Century Mall from Community Development Block Grant funds,
provided that in no case shall the allocation of Community Development
funds exceed forty (40) percent of each Program Year Entitlement.
SECTION IV. That the Common
South Bend recognizes and acknowledges that
assistance, other than previously committed
Urgent Needs Grant funds, will be available
Bend from the U.S. Department of Housing ani
for public sector costs associated with the
Council of the City of
no further financial
Project R -66 funds and
to the City of South
3 Urban Development
Century Mall project.
SECTION V. This Resolution shall be in full force
and effect immediately upon its passage by the Common Council of
the City of South Bend, Indiana.
FILED IN CLERK'S OFFICE Z��4�z_
Membervof the Common Council
PRESENTED 9- Q6 - 7 7
NOT APPROVED Irene Gammon I signed only to provide an
CITY CLERK, SOUTH BEND IND. opportunity for pablic di eus3jan
ADOPTED 7 , - 9- 7 and Council action on the issue.
CITY of SOUTH BEND
' PETER J. NEMETH, Mayor
Fs
-UYws COUNTY -CITY BUILDING SOUTH BEND, INDIANA 46601
DEPARTMENT OF HUMAN RESOURCES AND ECONOMIC DEVELOPMENT
COMMUNITY DEVELOPMENT PROGRAM
Carl Ellison
Director
.Jon R. Hunt M E M O R A N D U M
Deputy Director
TO: MEMBERS OF THE COMMON C UNCIL
FROM: JON R. HUNT W
SUBJECT: CENTURY MALL PROJECT
DATE: SEPTEMBER 19, 1977
219/284 -9335
Per Council Member Adams's request, I have prepared a list of the cost
associated with certain requirements established by HUD and outlined in the
August 29, 1977, letter from Mr. James E. Armstrong, Area Director of HUD,
to Mayor Nemeth. (Attachment A)
In addition, I have enclosed three (3) resolutions (Attachment B. C. and
D) which contain certain assurances concerning the requirements established by
the HUD Area Office which must be fulfilled prior to receiving the $2,126,000
Urgent Needs Grant for the Century Mall Project. These resolutions will be
considered at the September 26, 1977 Council meeting.
The following costs are associated with the HUD requests:
Item 3 - To provide for construction cost for parking and
transit facilities if UMTA and EDA grants are not
available: $5,000,000.00
The above cost is based on previous cost estimates.
However, the firm of Barton - Aschman is presently
updating their parking study to establish a series
of alternative parking plans, including cost
estimates, for the Century Mall Project.
Item 4(a) - To financially close -out Project R -66: $636,340.00
This amount is based on the reduction of the principal
balance of $4,150,000 through proceeds from land sales,
grant money from Project R -66, 1977 CDBG funds, etc.
Please refer to Attachment E. the financial plan for
R -66 previously submitted for your review.
Page 2
September 19, 1977
Item 4(b) - To pay outstanding relocation claim for Indiana
Bell Telephone: $262,000.00
Item 4(c) - To cover project cost overrun: NA
This request assumes that a cost overrun will occur
and is known to us. If these assumptions were correct,
the cost overrun would be built into the project cost.
Therefore, I refer you to Attachment F, for a general
cost estimate previously submitted for your consideration.
Item 4(d) - No further financial assistance: NA
The enclosed Resolutions will be presented for your consideration at the
Council meeting. If you have any questions or require additional information,
please call me at 284 -9335.
jmr
Attachments
cc: Mayor Peter J. Nemeth
Carl Ellison
C. Wayne Brownell