HomeMy WebLinkAboutAppropriating $1,496,700 plus interest, within Fund 209 for purpose of Redevelopment of Studebaker- Oliver Project AreaORDINANCE No.
Passed by the Common Council of the City of Soutlt Bend, Indiana
April 23,
20
Attest:
Attest:
City Clerk
President of Common Corrncil
Presented by me to t/ze Mayor of the City of Soutli Bend, Indiana
A rip 124, 20 01
City Clerk
April 24, O1
Approved and signed by me 20
Mayor
ORDINANCE NO. \ 7i1~ ~'~,
AN ORDINANCE APPROPRIATING $1,496,700, 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 $1,496,700, 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 Comm n Council
1st READING ~~~ ~~
PUBLIC HEARING ~ ~L3-09
3 rd READING 3_ I
NOT APPROVED ~ L O
REFEP.RED
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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.
36-01 A BILL APPROPRIATING $1,496,700, 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 COUNTY-CITY BUILDING
Sovn-1 BEND, IND1ANa 46601-1830
PHONE 219/ 235-9371
Fax 219/235-9021
TDD 219/ 235-5567
CITY OF SOUr'H BEND STEPHEN J. LUECKE, MAYOR
COMMUNITY HL 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 $1,496,700 in Neighborhood
Initiative funds for the Studebaker-Oliver Redevelopment project. These funds also are companion to the
Section 108 Loan, BEDI, and EDI 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 FINANCUL & PROGRAM
PAMELA C. MEYER DONALD E. INKS MANAGEMENT
219/235-9660 219/235-9371 ELIZABETH LEONARD
FAx: 219/235-9697 219!235-9371