HomeMy WebLinkAboutTransferring $813,000 among various accounts within the department of Community and Economic Developmentr t.
ORDINANCE No. as~sa
Passed by the Common Council of the City of South Bend, Indiana
April 13, 19 98
Attest: t~ C , .. ~ ~ ~~~ City Clerk
LORETTA J UDA
Attest:
Presented by me to the Mayor of the City of South Bend, Indiana
President of Common Council
April 14, Ig 98
City Clerk
Approved and signed by me April 1 S , 19 98
Mayor
' ,. - .
ORDINANCE NO. D ! ~ (n" ~ U
AN ORDINANCE TRANSFERRING $813,000 AMONG
VARIOUS ACCOUNTS WITHIN THE DEPARTMENT OF
COMMUNITY AND ECONOMIC DEVELOPMENT
STATEMENT OF PURPOSE AND INTENT:
r~
In order to assure the efficient and timely utilization of Community Development
Block Grant Funds transfers among accounts 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 $813,000 is hereby transferred among accounts as set forth
below.
Reduce the following accounts:
Project No. Descri to ion Amount
CD95-8107 REWARD $ 9,000
CD95-8116 NW Revolving Loan 35,708
CD95-8186 NRTSC 5,897
CD96-8104 Community Homebuyer's Corp. 183,411
CD96-8105 Affordable Loan 195,000
CD96-8186 NRTSC 4,514
CD97-8101 NH5 (Corby/Niles) 55,000
CD97-8105 Affordable Loan 300,000
CD97-8107 REWARD 24,470
TOTAL $813,000
Increase the following accounts:
Project No. Description Amount
CD98-8129 Special Public Works $405,000
CD98-8128 NHS Acquisition and Clearance 50,000
CD98-8126 West Washington/Chapin Improvements 200,000
CD98-8127 Rental Housing Conversion 75,000
CD98-8141 Neighborhood Partnership Center Public Works 40,000
CD98-8107 REWARD 30,000
CD98-8189 Human Rights -Fair Housing 13,000
TOTAL $813,000
SECTION II. No costs will be incurred or funds expended for any of the activities in this
ordinance prior to an official release of funds received from the United States Department of
Housing and Urban Development as may be required.
SECTION III. 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 Common Council
1st READING ~' ~3' ! b
PUQLIC HEARING y /~ j -~
3rd REAp(NG y / 3 _~~
NOT APPROVED
REFERREp
PASSELZ y-i3' (6 ~IS cSU(3S~/%Z~T~~
l~ited in Clerk's affiCe
~P~= 1 4 S~J~
IUREtTA J. DUDA
CITY CLER6C, ~O. SEND, IAJ.
~• /
COMMITEE REPORT
TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND:
Your Commitee of the Whole, to whom was referred:
BILL NO.
34-98 PUBLIC HEARING ON A BILL TRANSFERRING $813,000
AMONG VARIOUS ACCOUNTS WITHIN THE DEPARTMENT OF
COMMUNITY AND ECONOMIC DEVELOPMENT
Respectfully report that they have examined the matter and that in their opinion, this bill
has been recommended to the Council favorably, as substituted.
John Broden
Chairman