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RE' GULAR -MEET VL <br />RESOLUTION NO. 126 -66 (Continued) <br />3. That it is cognizant of the conditions that are imposed in the undertaking and carrying out of urban <br />renewal projects with Federal financial assistance under Title I, including those relating to (a) the reloca- <br />tion of site occupants,. (b) the provision of local grants -in -aid, (c) the prohibition of discrimination <br />because of race, color, creed, or national origin, and (d) the requirement that the locality present to <br />the Housing and Home Finance Administrator as a prerequisite to approval of the application described <br />below, a workable program for community improvement, as set forth in Section 101(e) of Title I, for utilizing <br />appropriate public and private resources to eliminate and prevent the development or spread of slums and <br />urban blight. <br />4. That it is the sense of this body(a) that a feasible method for the relocation of individuals <br />and families displaced from the Urban Renewal Area, in conformity with Title I, can be prepared, and (b) <br />that the local grants -in -aid can and will be provided in an amount which will be not less than one -third <br />of the Net Project Cost of the Project and which together with the Federal capital grant, will be generally <br />equal to the difference between Gross Project Cost and the proceeds or value of project land sold, leased, <br />or retained for use in accordance with the urban renewal plan. <br />5. That the filing of an application by the City of South Bend, Department of Redevelopment for an advance <br />of funds from the United States of America to enable it to defray the cost of the surveys and plans for <br />an urban renewal project in the proposed Urban Renewal Area described above is hereby approved. <br />/s/ John L. Hunter, Jr. <br />Member of the Common Council <br />Public Hearing on the above resolution was held at this time. Speaking in :-favor of the resolution was <br />H. Jan Chong, Executive Director of the Urban Redevelopment Commission. <br />Councilman Muszynski made a motion for suspension of rules. Councilman Laven seconded the motion. Motion <br />carried by a roll call vote of 8 ayes, 0 nays, i absent. The resolution was passed by a roll call vote <br />of 8 ayes, 0 nays, 1 absent. <br />There being no further business before the Council, Councilman Smith made a motion that the meeting be <br />adjourned. Councilman Muszynski seconded the motion. Motion carried. Council adjourned at 9 :00 P.M. <br />ATTEST: <br />CLERK <br />i <br />APPROVED: <br />f' <br />IDENT <br />r <br />