HomeMy WebLinkAboutTransferring $104,020 Various Accounts Community & Economic Development .
ORDINANCE No. 8672-96
Passed by the Common Council of the City of South Bend, Indiana.
May 13, Iq 96
Attest: City Clerk
Le 4 . DUD
Attest: President o f Common Council
1
Presented by me to the Mayor of the City of South Bend, Indiana—
May 15, 96
19
�a City Clerk
LORETTA . DUDA'
Appro+Wed and signed by me i �� lcS 191
° '— Mayor
Q ORDINANCE NO. �o 709,
�9�
AN ORDINANCE TRANSFERRING $104,020 AMONG
VARIOUS ACCOUNTS WITHIN THE DEPARTMENT OF
COMMUNITY AND ECONOMIC DEVELOPMENT
STATEMENT OF PURPOSE AND INTENT:
In order to assure the efficient and timely utilization of Community Development Block
Grant Funds and that the immediate needs of specific activities are met, transfers among
accounts 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 $104,020 is hereby transferred among accounts as set forth
below.
Reduce the following accounts:
Project No. Description Amount
CD93-102 West Washington Housing $89,020
CD95-111 SBHF Homeownership Project 15.000
TOTAL $104,020
Increase the following account:
Project No. Description Amount
CD96-604 Western/Chapin Commercial Development $104,020
TOTAL $104,020
SECTION H. No costs will be incurred or funds expended for any of the activities in this
ordinance prior to an official release of funds received from the United States Department of
Housing and Urban Development as may be required.
SECTION III. This ordinance shall be in full force and effect from and after its passage
by the Common Council and approval by the Mayor.
G
Member of the Common Cou it
COMITTEE REPORT
TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND:
Your Committee
to whom was referred
BILL NO.
27-96 A BILL TRANSFERRING $104,020 AMONG VARIOUS ACCOUNTS WITHIN
THE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT.
Respectfully report that they have examined the matter and that in their opinion
This bill has been recommended to the Council favorable.
Cleo Washington, Chairman
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``� `7% ° City of South Bend
PEACE ...
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'e �� �4 Joseph E. Kernan. Mayor
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186 •o'
Community & Economic Development
Jon R.Hunt Ann E.Kolata
Executive Director Deputy Executive Director
April 8, 1996
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 transfer $104,020 in Community
Development Block grant funds from the West Washington Housing Activity (CD93-102)
and South Bend Heritage Homeownership Activity (CD95-111) to provide additional funds for
Western/Chapin Commercial Development (CD96-604).
If you have any questions regarding this bill, please call me.
Sincerely,
„ , is
4
Eliza.-th Leonard
Director
Financial & Program Management
cc: Jon Hunt
John March
Marcia Nicholls
1200 County-City Building•South Bend,Indiana 46601.219/235-9371 •Fax(219)235-9021 •TDD(219)235-5567
Redevelopment Business Assistance Bureau of Housing Financial&Program Planning&
Ann E. Kolata &Development Kathryn Baumgartner Management Neighborhood Development
235-9371 Donald E.Inks 521 Eclipse Place Elizabeth Leonard Pamela C.Meyer
235-9335 235-9475 235-9335 235-9660
Fax:235-9469 Fax: 235-9697