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HomeMy WebLinkAboutAppropriating $123,000 Department Economic Development r � ORDINANCE No. 8245-92 Passed by the Common Council of the City of South Bend, Indiana. February 10 , 92 19 Attest: - City Clerk IRENE K. GAMMON Attest: i i. ,i President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana February 11, 1992 City Clerk IRENE K. GAMMON Approved and signed by me February 14 19 92 04.704- Mayor ORDINANCE NO 1021/5-- 1� AN ORDINANCE APPROPRIATING $123, 000 TO AN ACCOUNT WITHIN THE DEPARTMENT OF ECONOMIC DEVELOPMENT 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 redevelopment activity of the East Bank Area, certain appropriations are necessary. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana: SECTION I. The sum of $123, 000 is hereby appropriated to the account as set forth below within Fund 410. Description Amount Acquisition Fund $123, 000 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 o■S"he Common Council I siEned only to p Ou �zr opportunity for public :iiscitsio n and Council action on the is,nue, ",4,As 4p. / V 1\��� Wig ' d % City of South Bend 111� y? :z� ,--,5?,4~y Joseph E. Kernan, Mayor 1t‘\\‘� \865 Department of Economic Development Jon R. Hunt Ann E. Kolata Executive Director Deputy Executive Director January 6, 1992 South Bend Common Council 4th Floor Council Chambers 400 County-City Building South Bend, IN 46601 Dear Council Member: The attached bill for your consideration and approval will appropriate $123, 000 in Urban Development Action Grant Reimbursement Funds. This action will give us a total of $343, 000 to be used to acquire Parcel E3-1, property commonly referred to as the Opelika Building in the East Bank portion of the South Bend Central Development Area. If you have any questions regarding these bills, please direct your questions to Ann Kolata at 284-9371. Sincerely, Eli t,.eth Le•nar. D . ec or Financial and Program Management Attachments cc: Jon Hunt Ann Kolata Cleo Hickey Marcia Townsend John March EL:ch CH:ml/a 1200 County-City Building • South Bend, Indiana 46601 • 219/284-9371 Fax 219/284-9021 Redevelopment Economic Development Housing Rehabilitation Financial & Program Human Rights Planning Ann Kolata & Business Assistance Kathryn Baumgartner Management Cynthia Love-Bush David Roos 284-9371 Donald Inks 521 Eclipse Place Elizabeth Leonard 284-9355 284-9449 284-9335 284-9475 284-9335 ftommtttee Report cgIo the Common Olounril of the (Sun of emu* end: Your Committee of the Whole to whom was referred BILL NO. 8-92 SECOND READING ON A BILL APPROPRIATING $123, 000 TO AN ACCOUNT WITHIN THE DEPARTMENT OF ECONOMCI DEVELOPMENT. Respectfully report that they have examined the matter and that in their opinion This bill should be recommended to the Council favorable. Ann Puz z e l to Chairman