HomeMy WebLinkAboutTransferring $540,000 Various accounts within Division of Community Development r A • I
ORDINANCE No. 7802-87
Passed by the Common Council of the City of South Bend, Indiana
September 28, rq 87
Attest: City Clerk
IRENE K. GAMMON
Attest:
dd—' • • . =f President of Common Council
Presented by me to the Mayor of the City of South Bend, Indiana _
September 29, 87
ig
City Clerk
IRENE K. GAMMON
Approved and signed by meIM bEe_ Z9 ig F7
BILL NO.
ORDINANCE NO. 7 e4- g 7
AN ORDINANCE TRANSFERRING $540,000. 00
AMONG VARIOUS ACCOUNTS WITHIN THE
DIVISION OF COMMUNITY 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 $540, 000. 00 is hereby transferred
among accounts as set forth below.
Reduce the following accounts:
Project No. Description Amount
CD87 ULO $ 390, 000
CD88 ULO 150, 000
TOTAL $ 540,000
Increase the following accounts:
Project No. Description Amount
CD88-102 Housing Rehabilitation Fund $ 397,437
CD88-1100 Community Development Admin. 142,563
TOTAL $ 540,000
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 and after its passage by the Common Council and
approved by the Mayor.
�� ®�®�®® CITY of SOUTH BEND
®®`�� 4` ROGER O. PARENT, Mayor
` „ \9 411.; #rig
' Itit °Y, $ DEPARTMENT OF ECONOMIC DEVELOPMENT
0 94�; .. �n'c- - 0
®d® � ` 1200 COUNTY-CITY BUILDING SOUTH BEND, INDIANA 46601 219/284-9371
JON R. HUNT
EXECUTIVE DIRECTOR
ANN KOLATA
DEPUTY EXECUTIVE DIRECTOR
September 8 , 1987
South Bend Common Council
4th Floor Council Chambers
400 County-City Building
South Bend, IN 46601
Dear Council Member:
The attached bill transfers the estimated $540, 000 in
reprogrammed funds for Program Year 1988. The amounts are those
discussed with you in July and reflected in the "Final Statement of
Community Development Objectives & Projected Use of Funds - P.Y.
1988. "
If you have any questions or desire further information, please
call .
Sincerely,
4_f ' lur , ,
Eliza.eth Leonard
Director
Financial and Program Management
EL/ml
cc: Jon Hunt
2/e
REDEVELOPMENT COMMUNITY DEVELOPMENT HOUSING REHABILITATION HUMAN RIGHTS FISCAL 8 PROGRAM
ANN KOLATA 8 BUSINESS ASSISTANCE KATHRYN BAUMGARTNER MARY E. ALLEN MANAGEMENT
284-9371 DONALD INKS 284-9475 284-9355 ELIZABETH LEONARD
284-9335 284-9335
QIUtIUtttItIU goonrt
c�lu ttt Mammon Mount-it of the (Dig of 'nutli tth:
Your Committee of the Whole
to whom was referred
BILL NO.
87-87 A BILL TRANSFERRING $540,000 .00 AMONG VARIOUS ACCOUNTS
WITHIN THE DIVISION OF COMMUNITY DEVELOPMENT.
Respectfully report that they have examined the matter and that in their opinion
This bill should be recommended to the Council favorable.
Ann B. Puzzello
Chairman
FREE PRESS PUBLISHING CO.