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HomeMy WebLinkAboutAppropriating $1,400,000.00 Section 108 Loan Guarantee Program of the Housing & Community Development Act of 1974ORDINANCE No. 7215 -83 Passed by the Common Council of the City of South Bend, Indiana Attest: July 11, rq 83 r '4",' IRENE K. GAMMON Presented by me to the Mayor of the City of South Bend, Indiana July 12, Clerk of Common Council City Clerk IRENE K. GAMMON Approved and signed by me 1 L ,A R�3 U BILL NO. ORDINANCE NO. -7,q 1 S'— g,3 AN ORDINANCE APPROPRIATING $1,400,000.00 FROM THE SECTION 108 LOAN GUARANTEE PROGRAM OF THE HOUSING AND COMMUNITYDEVELOPMENT ACT OF 1974 AS AMENDED, FOR ACQUISITION, RELOCATION, CLEARANCE, AND SITE IMPROVE- MENT ACTIVITIES IN THE CENTRAL BUSINESS DISTRICT TO BE ADMINISTERED BY.'THE CITY OF SOUTH BEND THROUGH THE DEPARTMENT OF REDEVELOPMENT. STATEMENT OF PURPOSE AND INTENT The government of the City of South Bend, in creative and affirmative partnership with its residents, private enterprise and the Fedreal Government, is committed to the goal of expanding economic opportunities. To further this goal, the Housing and Community Development Act of 1974, as amended, contains the objective of alleviating physical and economic distress through stimulation of private investment and elimination of blighting conditions. The Central Business District development activity will incorporate improvements suggested by the American Cities Corporation. The activity will focus on strengthening and enhancing downtown retail and office development. NOW, THEREFORE BE IT ORDAINED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The sum of $1,400,000.00 is hereby appropriated from the Section 108 Loan Guarantee Program. This appropriation is to be administered by the Department of Redevelopment, as set forth below: Purpose Amount Central Business District Development $1,400,000.00 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. 1st READING 6 a 2 -'�F12 PUBLIC HEARING 2nd READING %._l /— e�3 NOT APPROVED REFERRED PASSED '7 -11-V V of the Common dln cil FRED IN CLE Z"I'S ONE Irene Gammon CITY CLERK, SOUTH BEND, IND. DIVISION OF COMMUNITY DEVELOPMENT Colleen Rosenfeld Director CITY of SOUTH SEND ROGER O. PARENT, Mayor COUNTY -CITY BUILDING • SOUTH BEND, INDIANA 48801 Members of the Common Council 4th Floor County-City Building South Bend, IN 4+6601 Dear Council Member: June 22, 1983 Dc F • 3� • . rn 1 ? ly � O 1440 County -City Building South Bend, Indiana 46601 (219) 2849335 This ordinance submitted for your consideration would appropriate $1,400,000.00 from the Section 108 Loan Guarantee Program of the Department of Housing and Urban Development. The Section 108 funds are to be used for downtown development as outlined in the 1983 Community Development application. The Department of Housing and Urban Development has approved the Section 108 loan which will include activities designed to strengthen and enhance existing retail through public works and improvements and acquisition. The activity will be conducted in the area bounded by Western, LaSalle the River, and Main Street. We look forward to discussing the ordinance with the Council but, should you have any questions prior to that time, please don't hesitate to contact me. Sincerely, Colleen Rosenfeld Director CR /ed cc: Jon Hunt Toututtutt Itpart Xo t4t (gammon (00UM I of tot (Ittg of OW44 surd: Your Committee OF THE WHOLE to whom was referred R: 65 -83 A BILL APPROPRIATING $1,400,000.00 FROM THE SECTION 108 LOAN GUARANTEE PROGRAM OF THE HOUSING AND COMMUNITY DEVELOPMENT ACT OF 19741 AS AMENDED, FOR ACQUISITION RELOCATION, CLEARANCE, AND SITE IMPROVEMENT ACTIVITIES IN THE CENTRAL BUSINESS DISTRICT TO BE ADMINISTERED BY THE CITY OF SOUTH BEND THROUGH THE DEPARTMENT OF REDEVELOPMENT. Respectfully-report that they have examined the matter and that in their opinion THIS BILL SHOULD BE RECOMMENDED TO THE COUNCIL FAVORABLE. RAY ZIELINSKI Chairman /R[[ PRINS ►UNLISHINO CO.