Loading...
HomeMy WebLinkAboutAppropriating $60,000 in UGAD Fund #410 of the CED to provide predev costs for potential dev projects in South Bend ORDINANCE No. 9332-02 Passed by the Compton Council of the City of South Bend, Indiana June 10, Attest: Attest: ~' ` ~ _~ U ~C 02 20 - Presented by me to the Mayor of the City of South Bend, Indiana June 14 20 02 City Clerk President of Common Council City Clerk Approved and sighed by me June 14, 20 02 ~U` Mayan 1 ORDINANCE NO. ~ I ~ ~ Z 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 a~pproval_ by the Mayor. ~~f G~--~ Member of the ommon Cou cil 1 sr READI~lG S-~-dZ PUELIC HEARING ~ _\0 -OZ ~ ~~~`~~ ~ ~~' ~~~~ 3 rd READING 6 _~ D _ ~Z ~ , . NOT APPROVED REFERRED PASSED ~ --~ Q -OZ 's COMMITTEE REPORT TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 37-02 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 1 ZOO COUNTY-Cl'CY BUILDING SOUTH BEND, INDIANA 46601-1830 PHONE 574/ 235-9371 FAx 574/235-9021 TDD 574/ 235-5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY ~L ECONOMIC DEVELOPMENT JON R. HUNT EXECUTIVE DIRECTOR May 20, 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 an additional 560,000 of Urban Development Action Grant reimbursement funds for Predevelopment costs for pending development projects within the City. As Jon Hunt has discussed with you previously, this specific appropriation will primarily fund the community development strategy. Jon Hunt will make presentation to the Council at your June 10th meeting. If you have any questions, please call him at 235-9375. Sincerely, Elizab ~h Leonard Director Financial & Program Management cc: Jon Hunt John March .~ COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL BC PROGRAM PAMELA C. MEYER DONALD E. INKS MANAGEMENT 574/235-9660 574/235-9371 ELIZABETH LEONARD FAx: 574/235-9697 5741235-9371