HomeMy WebLinkAbout9614-05 Appropriating $4,000,000 within Fund 101 for the purpose of redevelopment of the Studebaker-Oliver ProjectORDINANCE No.
Passed by the Common Council of the Ciry of South Bend, Indiana
September 12,
Attest:
Attest:
20
05
Presented by me to the Mayor of tl~e Ciry of South Bend, Indiana
September 13, 05
20
Ciry Clerk
President of Common Council
Approved and signed by me September 16 20 OS
Ciry Clerk
Mayrn
ORDINANCE NO. ~~' l _\~
AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND,
INDIANA, APPROPRIATING $4,000,000 WITHIN FUND 101 FOR THE PURPOSE OF
REDEVELOPMENT OF THE STUDEBAKER-OLIVER PROJECT AREA
Statement of Purpose and Intent:
The Studebaker-Oliver Project is a significant Brownfield revitalization project within
the City of South Bend, and funding the costs of this project is a priority. This ordinance
provides for the appropriation of non-tax revenue funds on deposit in the City's General
Fund #101 to pursue the necessary redevelopment activities in the Studebaker-Oliver
project area, including costs of acquisition, relocation, demolition, site preparation,
environmental studies and clean-up, and other similar costs.
NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of
South Bend, Indiana, as follows:
SECTION I. The sum of $4,000,000 from the General Fund is hereby appropriated
and set aside within Fund 101 for use in redevelopment activities (including acquisition,
relocation, demolition, site preparation, environmental studies and clean-up, disposition,
etc.) taking place in the Studebaker-Oliver Redevelopment Project Area.
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.
~~
Member, South Ben Common Council
Atte
ity C erk
Presented by me to the Mayor of the City of South Bend, Indiana on the ~~
day of ~ , 2 ~. , at '• IS o'clock ~. m.
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r',~ 1 City Clerk
Approved and signed by me on the /G day of o ,~,~~.~-~--~ , 2~~ at ~i: ?.~'
o'clock Q. m.
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S(?;{pl VOORDE
i CiTI' GLcr~l;, 50. B1rP1D, IN.
ayor,
Bend, Indiana
TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND:
Your Committee of the Whole, to whom was referred:
BILL NO.
58-05 A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH
BEND, INDIANA, APPROPRIATING $4,000,000 WITHIN FUND 101
FOR THE PURPOSE OF REDEVELOPMENT OF THE
STUDEBAKER-OLIVER PROJECT AREA
Respectfully report that they have examined the matter and that in their opinion, this bill
is being recommended to the full Council with a favorable recommendation.
Roland Kelly
Chairman
12()0 C.oUN7Y-CI"IY BUILDING
227 W. JEFFERSON BOULEVARD
SOUTH BEND, INDIANA 46601-1830
PHONE 5741235-9371
FAx 574/235-9021
TDD 574/ 235-5567
CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR
COMMUNITY ~L ECONOMIC DEVELOPMENT
SHARON T. KENDALL
EXECUTIVE DIRECTOR
August 16, 2005
South Bend Common Council
Fourth Floor Council Chambers
400 County City Building
South Bend, IN 46601
Dear Council Members:
The Studebaker/Oliver Redevelopment Project is a significant brownfield revitalization project
within the City of South Bend and funding the costs of this project is a priority. The attached bill
for your consideration and approval will appropriate $4,000,000 from the General Fund (Fund
#101) to pursue the necessary redevelopment activities in the Studebaker/Oliver Project Area
including costs of acquisition, relocation, demolition, site preparation, environmental studies and
clean-up, and other similar costs. These funds are non-tax revenue funds that have recently been
received by the City and deposited in the General Fund.
Andy Laurent and I will attend the Council meeting on September 12`h. In the meantime, please
call me at 235-9374 if you have any questions.
Sincerely,
~t// ~ CST G`'
Ann E. Kolata
Senior Redevelopment Specialist
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COMMUNTIY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL HC PROGRAM y ,
PAMELA C. MEYER DONALD E. INKS MANAGEMENT ~ fl/
574/235-9660 574/235-9371 ELIZABETH LEONARD ~~/
FAx: 574/235-9697 574/235-9371 ~'v