HomeMy WebLinkAboutAppropriating $249,450 plus interest in Fund 209 for the purpose of Redevelopment of the Studebaker- Oliver Project AreaORDINANCE No.
9218-01
Passed by the Common Council of the Ciry of Sout{t Bend, Indiana
April 23,
Attest:
Attest:
01
20
Presented by me to the Mayor of the City of Soutlt Bend, Indiana
April 24, 20 01
City Clerk
President of Common Council
City Clerk
Approved and signed by me a; ,-; i ~ 4., 20 _0,]-
Mayan
ORDINANCE NO. `~\21 b -~
AN ORDINANCE APPROPRIATING $249,450, 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 $249,450, 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 Redeveiopment 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.
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Member of the Common ouncil
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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.
35-O1 A BILL APPROPRIATING $249,450, 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
ti .
1200 CAUNTY-CI7Y BUILDING
Sovn-1 BEND, INDIaNn 46601-1830
PHONE 219/ 235-9371
FAx 219/235-9021
TDD 219/ 235-5567
CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR
COMMUNITY BL ECONOMIC DEVELOPMENT
JON R. HUNT
EXECUTIVE DIRECTOR
Apri12, 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 $249,450 in Economic
Development Initiative funds for Studebaker-Oliver Redevelopment project. These funds also are
companion to the Section 108 Loan, BEDI, and Neighborhood Initiative dollars recently awarded by HUD
for work in the Studebaker-Oliver area. Ann Kolata and Andy Laurent will attend your Apri123, 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
- .,.
r ~ ~' `t
_ _ _
COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL & PROGRAM
PAMELA C. MEYEA DONALD E. INKS 1VIANAGEMENT
219/235-9660 2191235-9371 ELIZABETH LEONARD
FAx: 219/235-9697 219/235-9371