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HomeMy WebLinkAbout9825-08 Appropriating $100,000 within the U.D.A.G. fund (Fund #410) - Providing Predevelopment Costs for potentialORDINANCE No. 9825-08 Passed by the Common Council of the City of South Bend, Indiana January 28, 20 08 Attest: JO VO( ,--' Attest: ~~f ~sv~ ~J Presented by me to the Mayor of the City of South Bend, Indiana January 29, 24 08 JOHN Approved and signed by me January 30, 20 08 City Clerk President of Common Council City Clerk Mayor ORDINANCE NO. ~( z,S-erg AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA APPROPRIATING $100,000 WITHIN THE U.D.A.G. FUND (FUND 410) OF THE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT FOR THE PURPOSE OF PROVIDING PREDEVELOPMENT COSTS FOR POTENTIAL DEVELOPMENT PROJECTS WITHIN THE CITY OF SOUTH BEND Statement of Purpose and Intent: In order to assure the efficient and timely utilization of Urban Development Action Grant Reimbursement Funds and to further the implementation of the redevelopment plans within the City, certain appropriations are necessary. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The sum of $100,000 is hereby appropriated within Urban Development Action Grant (UDAG) Fund 410 to pay predevelopment costs for existent and potential development projects within the City of South Bend in calendar year 2008. SECTION II. This Ordinance shall be in full force and effect from and after its passage by the Common Council and approval by the Mayor. Atte ity CI rk ~~ Member of the Co mon Council Presented by me to the Mayor of the City of South Bend, Indiana on the Zt~4(~ day of ~~~~~_20 0~, at `-~o o'clock~.m. u~ ^ a~ Cit Jerk , ~~ ' l Approved and signed by me on the 2g~day of 20~, at _~o'clock~.m. .~-~- Mayor, ity of uth Bend, Indiana 1 st READING l -' ~~ ~ ~ O PU4LIC HEARING ~--LY-`~~ 3 rd READWG I _Lg~ ~ NOT APPROVED REFERRED ,- PASSED ~-Z^8'~~ F=i{cc~ In Cl~r~z'~ O~~a~~ JAN - 9 2008 b.., :,. C~i ~F.~f. ~_'~"{ t~,~1 L'a;~~ lid. '' _ - TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 07-08 A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA APPROPRIATING $100,000 WITHIN THE U.D.A.G. FUND (FUND 410) OF THE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT FOR THE PURPOSE OF PROVIDING PREDEVELOPMENT COSTS FOR POTENTIAL DEVELOPMENT PROJECTS WITHIN THE CITY OF SOUTH BEND Respectfully report that they have examined the matter and that in their opinion, this bill is being recommended to the full Council with a favorite recommendation. Derek D. Dieter Chairperson. Committee of the Whole 1200 COUNTY-CITY BUILDING 227 W. JEFFERSON BOULEVARD SOUTH BEND, INDIANA 46601-1830 PHONE 574/235-9371 FAx 574/235-9021 TDD 574/ 235-5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY SQL ECONOMIC DEVELOPMENT January 7, 2008 South Bend Common Council Fourth Floor Council Chambers 400 County-City Building South Bend, IN 46601 Dear Council Member: JEFFREY V. GIBNEY EXECUTIVE DIRECTOR The attached bill for your consideration and approval will appropriate $100,000 of Urban Development Action Grant reimbursement funds for Predevelopment costs for pending development projects within the City. As we have discussed previously, predevelopment costs include items such as: market studies, appraisals, preliminary site plans, surveys, title work, environmental studies, etc. which are necessary to determine the feasibility of a project and determine whether it can/should proceed. In addition, this year we have a need to use predevelopment funds to acquire right of way for two road projects, including Douglas Road and the Napoleon Street extension. Total right of way acquisition costs are expected to be in the $40,000 to $50,000 range. Jeff Gibney or I will make presentation to the Council at your January 28 meeting. If you have any questions, please call me at 235-9330. Sincerely, izab Leonard Director Financial & Program Management cc: Jeff Gibney Don Inks Pam Meyer John March Fit^~ tt~ Cicrk'~ G~ric JAN - 92008 JONPI VOORDE CfTYCLEnK, S0. EE~`D, IN. COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT PAMELA C. MEYER DONALD E. INKS 574/235-9660 574/235-9371 FAX: 574/235-9697 FINANCIAL SC PROGRAM MANAGEMENT 0~ ELIZAL4ETH LEONARD ~ LI/ 574/235-9371 (/T~,~