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HomeMy WebLinkAbout9421-03 Appropriating $48,270 from Economic Development State Grant Fund for the purpose of assisting in the support of the division of Economic Development's Area Revitalization~~ ORDINANCE No. , ~a Passed by the Common Cotrncil of the Ciry of South Bend, Indiana May 27, Attest: Attest: 20 03 Presented by me to the Mayor of the City of Sorrth Bend, Indiana May 28, 03 20 City Clerk President of Common Council Ciry Clerk Approved and signed by me May 28, 20 03 Mayor ~ti ORDINANCE NO. 1 ~ Z `~" ~ J AN ORDINANCE APPROPRIATING $48,270 FROM THE ECONOMIC DEVELOPMENT STATE GRANT FUND FOR THE PURPOSE OF ASSISTING IN THE SUPPORT OF THE DIVISION OF ECONOMIC DEVELOPMENT'S AREA REVITALIZATION EFFORT Statement of Purpose and Intent:_ In order to assist in the provision of area revitalization efforts, monies from Fund 210 will be used to fund a secondary environmental site assessment for the Division of Economic Development. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The sum of $48,270 is hereby appropriated from the City of South Bend's Economic Development State Grant Fund (Fund 210) to be used by the Division of Economic Development to fund a secondary environmental site assessment of a portion of the property located at 601 W. Broadway, commonly known as the former South Bend Stamping Plant. 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 of the Common Co cil 1st READING ~ -,Z-V3 PUBLIC HEARINGS _L1 X03 3 rd READING s 'Z~ _ D3 NOT APPROVED REFERRED PASSED S,Z'1_63 F((ed (n Cler(:'~ Office ~5~~' 0 ~ 2003 LOAETTA J. DtfiA CITY C~fiRIC, 80. [t•~PdD, lFl. TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 36-03 A BILL APPROPRIATING $48,270 FROM THE ECONOMIC DEVELOPMENT STATE GRANT FUND FOR THE PURPOSE OF ASSISTING IN THE SUPPORT OF THE DIVISION OF ECONOMIC DEVELOPMENT'S AREA REVITALIZATION EFFORT Respectfully report that they have examined the matter and that in their opinion, this bill is being recommended to the full Council with a favorable recommendation. Karl King Chairman 1200 COUNTY-CTCY BLIILDING SOUTH BEND, INDIANA 46601-1830 PHONE 5741235-9371 FAx 5741235-9021 TDD 574/ 235-5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY & ECONOMIC DEVELOPMENT JON R. HUNT EXECUTIVE DIRECTOR April 25, 2003 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 appropriate $48,270 from the Economic Development State Grant Fund to provide monies for continued environmental site assessment activities in the Studebaker/Oliver Redevelopment Project Area. These funds will allow for a secondary site assessment of a portion of the former South Bend Stamping plant at 601 W. Broadway. These anticipated resources were made available through the Indiana Development Finance Authority's Brownfields Site Assessment Grant program. This grant was awarded at the IDFA April 2003 Board meeting. Please call me at 245-6112 if you have any questions. Sincere/ dy Laurent Economic Development Specialist Division of Economic Development CC: Beth Leonard Don Inks COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL & PROGRAM PAMELA C. MEYER DONALD E. INKS MANAGEMENT 574!235-9660 574/235-9371 ELIZABETH LEONAxn FAx: 574!235-9697 574/235-9371