Loading...
HomeMy WebLinkAboutAppropriating $320,000.00 Section 108 Loan Guarantee Program Department of RedevelopmentORDINANCE NO. 6944 -81 Passed by the Common Council of the City of South Bend, Clerk IRENE K. GAMMON of Common Council Presented by me to the Mayor of the City of South Bend, July 28 t9 81 IRENE K. GAMMON Approved and signed by me `�( !_!/w� oi- Clerk ORDINANCE NO. (.R q zI,- 01 AN ORDINANCE APPROPRIATING $320,000.00 FROM THE SECTION 108 LOAN GUARANTEE PROGRAM OF THE HOUSING AND COMMUNITY DEVELOP- MENT 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. 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 ob- jective 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 indiscri- minate development. It has, therefore, become a local priority, as articulated in the designation of the East Bank Development Area and Monroe - Sample Develop- ment 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 combi- nation of public and private actions. These actions include, but are not limited to, the following: property acquisition, relocation, clearance, vacation and dedication of public rights -of -way, provision for public facilities and improve- ments and any other activity pertaining to planning and implementing an urban redevelopment plan. In order to accomplish these objectives successfully and in order to provide for efficient and effective utilization of Section 108 Loan Guarantee Program Funds, additional funds are required by the Department of Redevelopment. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I: The sum of $320,000.00 is hereby appropriated for the period July 1, 1981 from the Section 108 Loan Guarantee Program. This appropriation is to be administered by the Department of Redevelopment, as set forth below: PROGRAM CD /79/80- 602B/D PURPOSE AMOUNT East Bank /Monroe - Sample Development $320,000.00 TOTAL $320,000.00 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 7 -/ --? -8-/ PUBLIC HEARING'] a7.if-/ 2nd READING _ 7- NOT APPROVED REFERRED PASSED /6 FILED IN CLEMIS OFFICE JUL 8 1981 Irene Gammon CM URN, SM BEND, IND. Patrick M. McMahon Executive Director Ann Kolata Dep. Dir. Redev. Kevin Horton Dep. Dir. Ec. Dev. CITY of SOUTH BEND ROGER O. PARENT, Mayor DEPARTMENT OF ECONOMIC DEVELOPMENT AND REDEVELOPMENT 1200 COUNTY -CITY BUILDING SOUTH BEND, INDIANA 46601 (219) 284 -9371 July 7, 1981 Members of the Common Council 441 County -City Building South Bend, IN 46601 Dear Council Members: Redevelopment Commission F. Jay Nimtz President Lloyd E. Robinson, Sr. Vice President A. Peter Donaldson Secretary Robert J. Cira Ass istent Secrets ry Paula N. Auburn Member Attached is a copy of an ordinance appropriating $320,000.00 from the Section 108 Loan Guarantee Program of the Housing & Community Development Act of 1974, as amended, for acquisition, relocation and clearance activities in the East Bank and Monroe - Sample Develop- ment Areas. The 1979 -81 Community Development application was based on a Section 108 Loan of $1,920,000.00. Previously you appropriated $1,600,000.00 of this loan. This ordinance would appropriate the remainder of the money previously approved by HUD. Your favorable consideration is requested. Sincerely, z/� A44 Ann Kolata Deputy Director AEK:amc Attachment fdnmmMu Irpurt coo tot (IIomm u (90unril of Or (Lug of Omd# #rub: Your Committee OF THE WHOLE to whom was referred BILL NO. 66 -81 A BILL APPROPRIATING $320,000.00 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 opinionTHIS BILL SHOULD BE RECOMMENDED TO THE COUNCIL FAVORABLE. JOHN VOORDE Chairman •ea ,ens •ucu..... co.