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HomeMy WebLinkAboutAppropriating $450,319 Various Accounts Department of Economic Development ORDINANCE No. 7969-89 Passed by the Common Council of the City of South Bend, Indiana March 13, ig 89 Attest: A l - «-> City Clerk IRENE K. GAMMON Attest: �� President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana March 14, rg 89 City Clerk IRENE K. GAMMON Approved and signed by me 4-/A-Lc-14 /4 �9 89 Mayor BILL NO. ORDINANCE NO. 7 g l q{ -t9 AN ORDINANCE APPROPRIATING $450,319.00 AMONG VARIOUS ACCOUNTS WITHIN THE DEPARTMENT OF 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, additional appropriations among accounts are necessary. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana: SECTION I. Additional 1989 Community Development Block Grant Entitlement Funds in the amount of $450,319.00 are hereby appropriated and allocated among accounts as set forth below. Project No. Description Amount CD89-606 Economic Development Capital Fund $ 95,000 CD89-102 Housing Rehab Fund 195,000 CD89-604 Monroe Park Development 45,319 CD89-605 West Washington Development 95,000 CD89-203 Demolition 20,000 $450, 319 SECTION II. No costs will be incurred or funds expended for any 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 approved by the Mayor. // �/ t _L, o. Me-..dl"'l:r the Co ,o/ Council ml:ord/a i Clerk s mit FEB ' 2 1989 1st READING d'a7 IRENE GAMMON PUBLIC NF a DIM," 2-i -ec 9 11ITV I I,FIII( 8O Pr" =SpUTH ‘\\\11 >1.51 City of South Bend Joseph E. Kernan, Mayor Department of Economic Development Jon R. Hunt Ann E. Kolata Executive Director Deputy Executive Director February 16, 1989 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 additional CDBG entitlement funds anticipated. The appropriation will accomplish the following: 1. Provide $95,000 for the Business Development Corporation's use in the Economic Development Capital Fund. 2. Provide additional funds for the Housing Rehab Fund. $50, 000 of these funds would be used for the Emergency Repair program and $145,000 would be used for the West Washington-Chapin Housing program. 3. Adds $45, 319 to the Monroe Park Development fund requested under a recent transfer bill. All activities will be within the Monroe Park Area. 4. Provides $95, 000 for the West Washington Development fund to be used for costs associated with implementation of the development plan for the area. 5. Provide $20, 000 for the Code Enforcement Demolition program. If you have any questions regarding this bill, please call me. Sincerel Eli:a•eth L=ona ,d Dire tor Financial and Program Management EL:ml/f cc: Jon Hunt 1200 County-City Building • South Bend, Indiana 46601 • 219/284-9371 Fax 219/284-9892 Redevelopment Economic Development Housing Rehabilitation Financial & Program Human Rights Ann Kolata & Business Assistance Kathryn Baumgartner Management Mary E. Allen 284-9371 Donald Inks 521 Eclipse Place Elizabeth Leonard 284-9355 284-9335 284-9475 284-9335