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ORDINANCE NO. <br />AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND <br />APPROPRIATING $1,708,707 FROM THE COMMUNITY DEVELOPMENT FUND (FUND <br />212) FOR THE NEIGHBORHOOD STABILIZATION PROGRAM 3 FOR THE PURPOSE OF <br />DEFRAYING THE EXPENSES OF THE DEPARTMENT OF COMMUNITY AND <br />ECONOMIC DEVELOPMENT OF THE CITY OF SOUTH BEND, INDIANA, AND <br />DESIGNATED SUBGRANTEE AGENCIES FOR THE PROGRAM YEAR BEGINNING, <br />MARCH 8, 2011, TO BE ADMINISTERED THROUGH THE DEPARTMENT OF <br />COMMUNITY AND ECONOMIC DEVELOPMENT. <br />Statement of Pu ose and Intent: <br />The government of the City of South Bend, in partnership with the City's private sector <br />and residents, is committed to the goal of improving the quality of life in the City; its <br />neighborhoods, and for its residents. As part of this commitment to a comprehensive community <br />development and improvement program, the City of South Bend, through its Department of <br />Community and Economic Development, has applied for and has received on March 8, 2011 the <br />approval of the United States Department of Housing and Urban Development to expend <br />$1,708,707 in the execution of certain housing rehabilitation/assistance, neighborhood <br />development, and general program planning and development activities. In order to implement <br />the aforementioned activities, funds are required. <br />NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />SECTION I. The sum of $1,708,707 is hereby appropriated for the program year starting <br />March 8, 2011, for the City of South Bend's Community Development Block <br />Grant/Neighborhood Stabilization Program 3 (Program Year 2011). The appropriation shall be <br />used as approved by the United States Department of Housing and Urban Development under the <br />Wall Street Reform and Consumer Protection Act of 2010, American Recovery and <br />Reinvestment Act of 2009, and the Housing and Economic Recovery Act of 2008 (Public Laws <br />111- 203,111 -005, and 110 -289) and of the Code of Federal Regulations, Part Five Hundred and <br />Seventy (570) for Community Development and as modified Neighborhood Stabilization <br />Program 3. This appropriation shall be administered by the Department of Community and <br />Economic Development and its designated subgrantees, in accordance with the 2011 Housing <br />and Community Development (HCD) Action Plan and Amendment, which are hereby approved <br />and incorporated by reference with respect to the following distributions: <br />B -11 MN -18 -0011 <br />Neighborhood Stabilization Program 3 <br />Dept. of Community & Economic Development - Admin 105,000 <br />Northeast Neighborhood Revitalization Organization 1,603,707 <br />Permanent Rental Housing for Special Needs Population 493,067 <br />