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HomeMy WebLinkAbout9755-07 Appropriating Fund # 410 - $100,000ORDINANCE No. E Passed by the Common Council of the City of South Bend, Indiana May 29, Attest: JOHN VOA Attest: 20 07 Presented by me to the Mayor of the Ciry of South Bend, Indiana May 30, JOHN 20 Approved and signed by me May 31, 20 0 7 07 City Clerk President of Common Council Ciry Clerk Mayer ORDINANCE NO. l ~ 55 `" O AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA APPROPRIATING $100,000 WITHIN THE U.D.A.G. FUND (FUND 410) OF THE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT FOR THE PURPOSE OF PROVIDING PREDEVELOPMENT COSTS FOR POTENTIAL DEVELOPMENT PROJECTS WITHIN THE CITY OF SOUTH BEND Statement of Purpose and Intent: In order to assure the efficient and timely utilization of Urban Development Action Grant Reimbursement Funds and to further the implementation of the redevelopment plans within the City, certain appropriations 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 $100,000 is hereby appropriated within Urban Development Action Grant (UDAG) Fund 410 to pay predevelopment costs for existent and potential development projects within the City of South Bend in calendar year 2007. 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. At 't erk Member of th ommon Council Presented by me to the Mayor of the City of South Bend, Indiana on the 3 ~~~ day of YY~-u.~., 20 u~t , at (`-~.~ o'clock~.m. fib' ~~~--, City C k ~~ 20d~, at Approved and signed by me on the ~~day of l: ~~ o'clock ~. m. 1 st READING S - ~ ~-~~ PUBLIC HEARING S-LQ-°7 '3 rd READING S z.q-o, NOT APPROVED REFERRED PASSED S _Z~ -~1~ Mayo , City o outh Bend, Indiana Filed In Clerk'S Office i~1AY 8 2007 JOHN VOORDE CRYCLERK, S0.91=PdD, IN. TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 28-07 A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROPRIATING $100,000 WITHIN THE U.D.A.G. FUND (FUND 410) OF THE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT FOR THE PURPOSE OF PROVIDING PREDEVELOPMENT COSTS FOR POTENTIAL DEVELOPMENT PROJECTS WITHIN THE CITY OF SOUTH BEND 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. Karen L. White Chairperson 1200 COUNTY-CITY BUILDING 227 W. JEFFERSON BOULEVARD SOUTH BEND, INDIANA 46601-1830 PrIONE 574/ 235-9371 FAx 574/235-9021 TDD 574/ 235-5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY ~ ECONOMIC DEVELOPMENT JEFFREY V. GIBNEY EXECUTIVE DIRECTOR April 23, 2007 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 $100,000 of Urban Development Action Grant reimbursement funds for Predevelopment costs for pending development projects within the City. As we have discussed previously, predevelopment costs include items such as: market studies, appraisals, preliminary site plans, surveys, title work, environmental studies, etc. which are necessary to determine the feasibility of a project and determine whether it can/should proceed. Jeff Gibney or I will make presentation to the Council at your May 29th meeting. If you have any questions, please call me at 235-9330. Sincerely, izat~th Leonard Director Financial & Program Management cc: Jeff Gibney Don Inks Pam Meyer John March COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL & PROGRAM PAMELA C. MEYER DONALD E. INKS MANAGEMENT 574/235-9660 574!235-9371 ELIZABETH LEONARD FAX: 574/235-9697 574/235-9371 Fited to Ctert~'s Office t~9 AY 8 2007 JOHN VOORDE CITY CLERK, S0. BEND, IN. '~~