HomeMy WebLinkAboutAppropriating $1,600,000.00 Section 108 Loan Guarantee ProgramORDINANCE No. 6907 -81
Passed by the Common Council of the City of South Bend,
FIN
Presented by me to the Mayor of the City of South Bend,
Approved and signed by
K. GAMMON
Clerk
of Common Council
City Clerk
IRENE K. GAMMON
7
ORDINANCE NO. Q(o 07-Fll
AN ORDINANCE APPROPRIATING $1,600,000.00 FROM THE
SECTION 108 LOAN GUARANTEE PROGRAM OF THE HOUSING
AND COMMUNITY DEVELOPMENT ACT OF 1974, AS AMENDED,
FOR ACQUISITION, RELOCATION AND CLEARANCE ACTIVI-
TIES IN THE EAST BANK AND MONROE- SAMPLE DEVELOPMENT
AREAS, 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 Federal 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 City believes that land in the areas commonly known as East Bank and
Monroe - Sample is characterized by a number of conflicting and incompatible uses,
causing the areas to be vulnerable to continued blight and decay, or to indiscrim-
inate development. It has, therefore, become a local priority, as articulated in
the designation of the East Bank Development Area and Monroe - Sample Development
Area, and as indicated in the 1979 -81 Community Development Plan, to devote local
and federal funds to improve the physical and functional aspects of the areas.
Realization of Development Area objectives will be accomplished by a combina-
tion of public and private actions. These actions include, but are not limited to,
the following: property acquisition, relocation, clearance, vacation and dedica-
tion of public rights -of -way, provision for public facilities and improvements and
any other activity pertaining to planning and implementing an urban redevelopment
plan.
NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South
Bend, Indiana, as follows:
SECTION I: The sum of $1,600,000.00 is hereby appropriated from the Section
108 Loan Guarantee Program. This appropriation is to be administered by the De-
partment of Redevelopment, as set forth below:
PROGRAM CD79/80- 602B /D
Purpose
East Bank/Monroe- Sample Development
SECTION II: This ordinance shall be in
after its passage by the Common Council and
1st READING 3 -a -7 -%
U2I!c HEARING
. :F J READING
NOT APPROVED
REFERRED nn
PASSED
Amount
$1,600,000.00
TOTAL $1,600,000.00
force and effect from and
val by the Mayor.
FILED ID CLEIRETS OFFICE
Irene Gammon
CITY CLERK, SOUTH BEND,IND.
dommturt Crport
XV ike tdommou (lounril of t4r ditty of omo# jhnd:
Your Committee OF THE WHOLE
to whom was referred
A BILL APPROPRIATING $1,600,000.00 FROM THE SECTION
108 LOAN GUARANTEE PROGRAM OF THE HOUSING AND COMMUNITY
DEVELOPMENT ACT OF 1974, AS AMENDED, FOR ACQUISITION,
RELOCATION AND CLEARANCE ACTIVITIES IN THE EAST BANK
AND MONROE— SAMPLE DEVELOPMENT AREAS, 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., as amended,
Correct Program to:
PROGRAM CD79/80- 602B /D
FRZZ Pneu PVeuSHJHa CO.
John Voorde
Chairman