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HomeMy WebLinkAboutAppropriating $80,000 from the Urban Development Action grant fund for the purpose of funding predevelopment costsORDINANCE No. 9017-99 Passed by the Common Council of the City of South Bend, Indiana July 12, Attest: Attest: Presented by me to the Mayor of the City of South Bend, Indiana July 13, 19 99 19 99 ~ty Clerk President of Common Council City Clerk Approved and signed by me Jul 14, 19 99 Mayor ORDINANCE NO. ~ l ~ _~ AN ORDINANCE APPROPRIATING $80,000 FROM THE URBAN DEVELOPMENT ACTION GRANT FUND FOR THE PURPOSE OF FUNDING PREDEVELOPMENT COSTS Statement of Purpose and Intent This is a bill to appropriate $80,000 from the repayments to the Urban Development Action Grants program as the City's contribution to a predevelopment fund. This fund will be used to examine the development potential of several sites throughout the City and to fund the costs of doing so, such as site plans, feasibility studies, title and survey work, etc. Potential sites include: Oliver Plow Works site; Studebaker Corridor and Sample Street Industrial Corridor; Rum Village; Central Business District and the East Bank, as funds allow. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana, as follows: SECTION 1. The sum of $80,000 is hereby appropriated within Fund 410 for predevelopment costs. 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. ~tb~i}ltnvl,A'L1 Member of the Common Council 1 sf R~ADlFIG ~-~-~q PUBLIC HEARING-I-1Z~`~~ 9.rd READING 1-\2-a~ NOt APPROVED REFERRED PASS~3 Z ~ ~ L' `~ ~ ~ ~k~ z ~ ~sss LD„~Pi:~3. C'3'Jfi: COMMITTEE REPORT TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 49-99 A BILL APPROPRIATING $80,000 FROM THE URBAN DEVELOPMENT ACTION GRANT FUND FOR THE PURPOSE OF FUNDING PREDEVELOPMENT COSTS 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. Charlotte Pfeifer Chairman 1200 COUNTY-CITY BUILDING SOUTH BEND, INDIANA 46601-1$3O PHONE 219/235-9371 Fax 219/235-9021 TDD 219/ 235-5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY ~ ECONOMIC DEVELOPMENT JON R. HUNT ANN E. KOLATA EXECUTIVE DIRECTOR DEPUTY EXECUTIVE DIRECTOR June 21, 1999 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 580,000.00 from the repayments to the Urban Development Actions Grants program as the City's contribution to a Predevelopment Fund. The fund will be used to pay for costs such as preparation of site plans, appraisals, feasibility studies, title and survey work, preliminary architecture and engineering work, planning, etc. necessary to examine the development potential for several sites around the city. Potential locations include: Oliver Plow Works site; Studebaker Corridor and Sample Street Industrial Corridor; Rum Village; Central Business District and the East Bank, as funds allow. If you have any questions, please call Jon Hunt at 235-9375. Sincerely, Elizabeth Leonard Director Financial & Program Management cc: Ann Kolata J U ~~ 2 3 199 Lo~~rr;. ~. Q~~~ CiT'l CLEF:;:, ::9. E'I E~, Ii ~. REDEVELOPMENT BUSINESS ASSISTANCE FINANCIAL Si PROGRAM ANN E. ICOLATA St DEVELOPMENT MANAGEMENT 219/235-9371 DONALD E. INKS ELIZA9ETH LEONARD 19/235-9335 BUREAU OF HOUSING PLANNING & NEIGHBORHOOD KATHRYN BAUMGARTNER DEVELOPMENT 521 ECLIPSE PLACE PAMELA C. MEYER 219/235-9335 219/235-9475 219/235-9660 FAx: 219/235-9469 FAx: 219/235-9697