HomeMy WebLinkAboutAppropriating $60,000 in the UDAG fund 410 of CED to provide predev costs for potential dev projects in South BendORDINANCE No. s3~~.o~
Passed by the Common Coa~ncil of the City of South Bend, Indiana
May 13,
Attest:
Attest:
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20 02
Presented by me to the Mayor of the City of South Bend, Indiana
May ~ d 20 _Q2
Ciry Clerk
President of Common Council
Ciry Clerk
Approved and signed by me May 14' 20 ~~
Mayor
ORDINANCE NO. 13 2~ ~d~
AN ORDINANCE APPROPRIATING 560,000 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 560,000 is hereby appropriated within Fund 410 for the
Department of Community and Economic Development for calendar year 2002.
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.
~ ti.e~ ~~
Member of the Common Co ncil
1 st READING ~,zz'oL
PUBLIC HEARING s-l3-~Z
3 rd READING S ~13 - OZ
NOT APPROVED
REFERRED
PASSED S-\3 -O~
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COMMITTEE REPORT
TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND:
Your Committee of the Whole, to whom was referred:
BILL NO.
28-02 A BILL APPROPRIATING $60,000 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.
Karl King
Chairman
12UU COUIV'iY-CITY BUILDING
SOUTH BEND, INDIANA 46601-1830
PHONE 574! 235-9371
Fax 5741235-9021
TDD 574/ 235-5567
CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR
COMMUNITY $L ECONOMIC DEVELOPMENT
JON R. HUNT
EXECUTIVE DIRECTOR
April 15, 2002
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 560,000 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.
Jon Hunt will make presentation to the Council at your May 13th meeting. If you have
any questions, please call him at 235-9375.
Sincerely,
~lizab Leonard
Director
Financial & Program Management
cc: Jon Hunt
John March
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4,.~.. r.C ''. ~ ~•' f p •'
COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL SC PROGRAM
PAMELA C. MEYER DONALD E. INKS MANAGEMENT
574/235-9660 574/235-9371 ELIZABETH LEONARD
FAx: 574/235-9697 574/235-9371