HomeMy Public PortalAbout077-1994 - SPECIAL ORDINANCE AUTHORIZING THE SUBMITTAL OF THE HORDINANCE NO. 77-1994
A SPECIAL ORDINANCE AUTHORIZING THE SUBMITTAL OF THE HOUSING DEVELOPMENT
FUND (HDF) APPLICATION TO THE INDIANA HOUSING FINANCE AUTHORITY AND
ADDRESSING RELATED MATTERS
WHEREAS the Richmond, Indiana, City Council recognizes the need to stimulate growth and to
maintain affordable housing within its corporate Iimits; and
WHEREAS the Housing and Community Development Act of 1974, as amended, authorizes the
Indiana Housing Finance Authority to provide grants to local units of government to
meet the affordable housing and community development needs of low and moderate
income persons; and
WHEREAS the Planning Department of Richmond, Indiana, will conduct public hearings prior to
the submission of an application to the Indiana Housing Finance Authority, said public
hearings to assess the housing, public facilities and economic needs of low and moderate
income residents;
NOW, THEREFORE, Be It Ordained by the Common Council of the City of Richmond, Indiana, that:
1. The Mayor is authorized to prepare and submit an application for grant funding of $50,000.00 to
assess the feasibility of converting the former Nicholson School building and campus into apartments
for low and moderate income families and to execute and administer a resultant grant including
requisite general administration and project management, contracts and agreements pursuant to
regulations of the Indiana Housing Finance Authority and the United States Department of Housing
and Urban Development.
2. The City of Richmond, Indiana, hereby commits the requisite local funds in the amount of
$5,000.00 comprised of $1,000.00 from the Richmond Housing Authority and $4,000.00 from local
financial institutions as leveraged funds for said program, such commitment to be contingent upon
receipt of HDF funding from the Indiana Housing Finance Authority.
Passec
Indiar
F.1%010
PRESS
tchmond,
4, at 9:00 a.m.
rk
V (Norma Carnes)
APPROVED by me, Roger Cornett, Mayor of the Ci f chm t
Indiana, this 4th day of October,
1994, at 9:05 a.m.
4 -- '�-ft ue t 13JUL V 1.1 ayor
k o er Cornett)
ATTES City Clerk
(Norma Carnes)
CITY OF RICHMOND
DEPARTMENT OF LAW
50 North 5th Street
Richmond, Indiana 47374
Phone (317) 983-7220
Fax (317) 966-2255
September 30,1994
Common Council
Richmond, Indiana 47374
RE: Ordinance No. 77-1994
ROGER CORNETT
Mayor
THOMAS S. MILLIGAN
City Attorney
:._:.._._.�____..�.._.__.Dear .CouncihMem�ier-._._ . __._.�__...m..__...m_........�......_.�_....____._.._...._._.�_.___......�._..___.....__�._._..._...�..._.._ �......_..._.._�__...�___.��__._�.__........_.._...._.__......�_.....__._......._._ __._�.___...______�_.::..
Discussions have been held by representatives of the Indiana Housing Finance Authority, the
Lieutenant Governor's office, the Mayor, the Planning Director, the Public Works Director, the
undersigned, Keith McGathey and Maxcine Bragg of the Richmond Housing Authority, Tony Broadwell
and John Martin of Richmond Community Schools Corporation, interested developers and other
concerned persons regarding the conversion of the former Nicholson School and campus into apartments
for low and moderate income families.
This project ranks number one in priority among all pending housing proposals involving the City of
Richmond as a sponsor and active participant.
Robert Goodwin will be available to answer your questions regarding this application to the Indiana
Housing Finance Authority for a feasibility study grant of $50,000.00.
This ordinance can be adopted in a single meeting with motions to suspend the rules.
Sincerely yours,
7i��
Thomas S. Milligan
City Attorney
Enclosure
TSM/ags
DISPOSITION OF ORDINANCE NO. RESOLUTION NO. -19
by Common Council
Ordinance No.
Resolution No. r
Elstro
Lundy
Brookbank
Donat
McBri
a Parke
Allen
Dickmar
Hutton
Date
Susp. rules Ist read
Title only
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Proof of Publicaton
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Seconded
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Move to 2nd read
Seconded
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Engrossment
Seconded
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Susp rules 3rd read
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Seconded
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Passage
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Rejection
Date Passed — �J
COMMITTEE ASSIGNMENTS:
Committee Date
Commitee Hearing Date
Reassigned to Council Agenda
PUBLICATION DATES:
AMENDMENTS:
COMMENTS: