HomeMy WebLinkAboutNo. 0057 authorizing the filing of a revised application for loan/grant for Project IND R-29RESOLUTION NO.
UTION OF THE CITY,OF SOUTk BEND, DEPARTMENT OF
ELOPMENT'AUTkORIZING THE PILING OF A REVISED
CATION FOR LOAN AND GRANT FOR PkOJECT IND. R-
EREAS it is necessary and in the public interest that
the City of South Bend, Department of Redevelopment avail itself
of the financial assistance provided by Title I of the Housing
Act of 1949, as amended, to carry out the urban renewal project
descri ed as
and bounded generally by WOW&WO to
here
finan
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COMMI:
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of Sot
102 (a)
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fter referred to as the "Project "; and
EREAS it is recognized that the Federal contract for such
ial assistance pursuant to said Title I will impose certain
tions and responsibilities upon the Local Public Agency and
equire among other things: (1) the provision of local grants-
; (2) a feasible method for the relocation of families dis-
from the project area; and (3) other local obligations and
sibilities in connection with the undertaking and carrying
urban renewal projects:
, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOP14ENT
ION,.GOVERNING BODY OF THE CITY OF SOUTH BEND, DEPARTMENT
VELOPMENT, That a Revised Application on behalf of the City
h Bend, Department of Redevelopment for a loan under Section
of said Title I in the amount of $ 0 and for a
Capital Grant and a Relocation Grant to the full amount
le for undertaking and financing the Project is hereby
d, and that the President is hereby authorized and directed
ute and to file such Application with the Housing and Home
Agency, and to provide such additional information and to
such documents as may be required in behalf of said Agency,
act as the authorized correspondent of the City of South
lepartment of Redevelopment.