HomeMy WebLinkAbout8445-93 Transferring $10,550 Various Accounts Community & Economic Development 4 S I
ORDINANCE No. 8445-93
Passed by the Common Council of the City of South Bend, Indiana_
November 29, /9 93
•
Attest: City Clerk
IRENE K. GAMMON
Attest: — President of Common Council
Presented by me to the Mayor of the City of South Bend, Indiana—
November 30, 19 93
City Clerk
IRENE K. GAMMON
Approved and signed by me /a// 19 9.3
e A Mayor
ORDINANCE NO.FS y k14--(1 3
AN ORDINANCE TRANSFERRING $10,500
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 $10,500 is hereby transferred among accounts as set
forth below.
Reduce the following account:
Proiect No. Description Amount
CD93-103 Homeownership Initiative $10,500
TOTAL $10,500
Increase the following account:
Proiect No. Description Amount
CD93-104 R.E.W.A.R.D. $10,500
TOTAL
TOTAL $10,500
SECTION II. 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.
Member of fife Common Council
,,a 's4DU TH et`�z
City of South Bend
% '
-r Joseph E. Kernan. Mayor
1865 O
Community & Economic Development
Jon R.Hunt Ann E.Kolata
Executive Director Deputy Executive Director
November 1, 1993
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 $10,500 in 1993
CDBG Program from Homeownership Initiative Activity to the R.E.W.A.R.D. Activity for
use in direct low/mod homebuyer assistance.
If you have any questions regarding this bill, please call me.
Sincerely,
, - 1 ,
•
ab- Leonard
Director
Financial & Program Management
cc: Jon Hunt
John March
Marcia Townsend
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
QtnmmUttrt Erpnrt
tau the Timm Qlounrit of tip Mtg of'uuth rn
Your Committee of the Whole
to whom was referred
BILL NO.
105-93 PUBLIC HEARING ON A BILL TRANSFERRING $10,500 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.
Chairman
Thomas Zakrzewski