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HomeMy WebLinkAbout9572-05 Appropriation $155,000 within the U.D.A.G Fund # 410 - for the purpose of providing predevelopment cost for potential Development projectsORDINANCE No. Passed by the Common Council of the City of Soutlt Bend, Indiana February 2$, Attest: Attest: 20 05 Ciry Clerk President of Common Council Presented by me to the Mayor of the Ciry ofSoutlt Bend, Indiana March ^ , G5 20 JOHN City Clerk March 3, OS Approved and signed by me 20 Mayor ORDINANCE NO. ~ S~ ~ " ~S AN ORDINANCE OF°THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA APPROPRIATING $155,000 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 $155,000 is hereby appropriated within Fund 410 for the Department of Community and Economic Development for calendar year 2005. 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 of the Common ouncil Atte ity erk Presented by me to the Mayor of the City of South Bend, Indiana on the s~" day of ~"(~ ~,rc.~, 20~, at 1 '.~1~ o'clock~.m. i i ~~~ City Clerl t Approved and signed by me on the 3'~1 day of ~ ~ 20e mat !o o'clock Q .m. Mayor, City o outh Bend, Indiana 1st READING ~-t y~1~ PUBLIC HEARING 2-2.g-OS" 3 rd READING Z_~~S` NOT APPROVED REFERRED PASSED "t--2~d'r'-off Filed In Clerk's Office FEB - 9 2005 JOHPJ VOORDE CITY CLEr1P;, 50. F3EPdD, IN. TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 12-05 A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA APPROPRIATING $155,000 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 favorable recommendation. Roland Kelly Chairman 1200 COUNTY-CITY BUILDING 227 W. JEFFERSON BOULEVARD SOUTH BEND, INDIANA 46601-1830 PHOrre 574/ 235-9371 FAX 574/235-9021 TDD 574/ 235-5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY ~ ECONOMIC DEVELOPMENT SHARON T. f~MNDAI.L EXECUTIVE DIRECTOR February 4, 2005 South Bend Common Council Fourth Floor Council Chambers 400 County-City Building South Bend, IN 46601 Dear Council Member: The attached bill for your consideration and approval will appropriate $155,000 of Urban Development Action Grant reimbursement funds for Predevelopment costs for pending development projects withjn 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. I will make presentation to the Council at your February 28th meeting. If you have any questions, please call me at 235-9330. Sincerely, C`'`' EI' a h Leonard Director Financial & Program Management cc: Sharon Kendall Don Inks Pam Meyer Larry Magliozzi John March Filed in Clerk's ©ffiice ~~a - g 2005 JOHN YOORDE CRY CLERK, S0. BEND, IN. COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL HC PROGRAM PAMELA C. MEYER DONALD E. INKS MANAGEMENT ~ ?.. 5741235-9660 574!235-9371 ELIZABETH LEONARD FAX: 5741235-9697 574/235-9371