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HomeMy WebLinkAboutAppropriating $38,000 U.D.A.G. Fund Project Development CostsORDINANCE No. 8712-96 Passed by the Common Council of the City of South Bend, Indiana Attest: Attest: August 26, 19 96 Presented by me to the Mayor of the City of South Bend, Indiana City Clerk President of Common Council August 27, 19 96 Approved and signed by me 19 94 City Clerk Mayor ORDINANCE NO. S71,Q - / fO AN ORDINANCE APPROPRIATING $38,000.00 WITHIN THE U.D.A.G. FUND OF THE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT FOR THE PURPOSE OF PROJECT PREDEVELOPMENT COSTS. 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 certain community objectives, appropriations are needed: NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana, as follows: SECTION 1. The sum of $38,000.00 is hereby appropriated within Fund 410 for Predevelopment Costs. SECTION 11. 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 Council COMITTEE REPORT TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee to whom was referred BILL NO. 69 -96. A BILL APPROPRIATING $38,000.00 WITHIN THE U.D.A.G. FUND OF THE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT FOR THE PURPOSE OF PROJECT PREDEVELOPMENT COSTS Respectfully report that they have examined the matter and that in their opinion this bill has been recommended to the Council favorably. Cleo Washington Chairman