HomeMy WebLinkAboutAppropriating $800,000 plus interest, in Fund 209 for the purpose of Redevelopment of Studebaker- Oliver Project Area,,
ORDINANCE No.
9217-01
Passed by the Common Council of the City of Soutlt Bend, Indiana
April 23,
Attest:
Attest:
01
20
Presented by me to the Mayor of the Ciry of Soutlt Bend, Indiana
April ~4, 2p 01
Ciry Clerk
President of Common Council
Ciry Clerk
April 24, O1
Approved and signed by me 20
tt.t.-G~
Mayor
a r
ORDINANCE NO. ~ Z ~ 1 J 41
AN ORDINANCE APPROPRIATING $800,000, PLUS INTEREST EARNED THEREON, WITHIN
FUND 209 FOR THE PURPOSE OF REDEVELOPMENT OF THE STUDEBAKER-OLIVER
PROJECT AREA
Statement of Purpose and Intent:
In order to assure the efficient and timely utilization of Studebaker-Oliver Redevelopment
project funds, certain appropriations are needed:
NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend,
Indiana, as follows:
SECTION I. The sum of $800,000, plus interest earned thereon, is hereby appropriated for use
in redevelopment activities (including acquisition, relocation, demolition, site preparation, environmental
studies and clean-up, disposition, etc.) taking place in the Studebaker-Oliver Redevelopment Project Area.
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.
-
Member of the Commo Council
Ot
1st READING ~^~
PUBLIC NEARING ~ ~2,3'~~
3rd READING ~. 23 ' ° ~
NOT APPROVED
REFERRED
PASSED `{-Z3~~~
,_ ...~ ,
_ _
L~,,,..,,.~ Y~ .1. ~i'sL2:"a
COMMITTEE REPORT
TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND:
Your Committee of the Whole, to whom was referred:
BILL NO.
34-01 A BILL APPROPRIATING $800,000, PLUS INTEREST
EARNED THEREON, WITHIN FUND 209 FOR THE PURPOSE OF
REDEVELOPMENT OF THE STUDEBAKER-OLIVER PROJECT
AREA
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.
Andrew Udj ak
Chairman
1200 COUNTr-Crnr BUILDING
SourH BEND, INDraNA 46601-1830
PHONE 219/ 235-9371
Fax 219/235-9021
TDD 219/ 235-5567
CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR
COMMUNITY SL ECONOMIC DEVELOPMENT
joN R. HUNT
EXECUTIVE DIRECTOR
April 2, 2001
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 $800,000 in Brownfield Economic
Development Initiative funds for Studebaker-Oliver Redevelopment project. These funds also are
companion to the Section 108 Loan, EDI, and Neighborhood Initiative dollars recently awarded by HUD
for work in the Studebaker-Oliver area. Ann Kolata and Andy Laurent will attend your April 23, 2001
meetings to present this bill. Please call them at 235-9374 or 235-5829 if you have any questions.
Sincerely,
Elizabeth Leonard
Director
Financial & Program Management
cc: Jon Hunt
John March
Judy Rosheck
Ann Kolata
Andy Laurent
COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL SC PROGRAM
PAMELA C. MEYBR DONALD E. INKS MANAGEMENT
219/235-9660 219/235-9371 EuzAaeTH LeoNAaD
FAx: 219!235-9697 219/235-9371