During the Beat HaIbor
City Co mission meeting
on y, August 26, a Public
-tllwu' _ d OIl the 1990
Commuaity DevclopDCDt Block
. program to allow ati
opportunity to commcot OIl
the proposed activities.
The commission approved a
re5(IIIUb' OIl specifies ho an
auOcaDC)Il of 5469,000 from the
U.s. Department of &using and
Urban Development for the
CDBG pogram would be pent
The government says the
f ,d povidc benefit to
low - moderate income persons,
remove sl um and blight, in
addi tion to meeting urgent
needs.
Out of the $469,000,
$150,000 ill go to ard housing
rehabilit tion; $170,000 for
demolition; $55,200 for street
improvements; and $93,800 for
dministration, of which
$23,000 will be used for HUD
p b c and $70,800 used
toward the curren program.
The city is expected to rehab
bout 18 es this year for 10
and moderate income residents
with the $150,000, plus the
monies th were not spent from
I t year. I
The prim ry objective of
COBG i to improve
communi tie by providing
decen i, a suit ble living
environment and exp nding
1IZt!�74 74 ALL STREET
141022
��'S CUT ALl STYLES
� & SET • EN'S EYEBROWS ARCHED
ClA..S BY APPOINTMEN
ove ·Com
CCOIloaUc opportuniti�.
Commi ioner George
Wy iDger . d the majority of
the money for the COBG
program hould go toward
repairing the treets.
• There' re streets that are
ready to fall in: said Wysinger.
• All they need' a heavy truck
to drive over them. •
Commi sioner Wy inger
voted" no" on the resolution and
Commi ioner Charles
Yarbrough" abstained' .
In other busi ness the
commission voted to approve a
funding agreement nd a'
JXl>POSed budget of $320,000 for
the 1991 Fiscal Year for the
Oty's Downtown Developnent
Authority (DDA) and the T
Increment Finance Authority
(rIFA).
The change in, Enterprise
Zone Legisl tion has modified
bo DDA and T1FA Boards are
funded and the new Enterprise
Zone Le islation specifically
'allows a fu ding agreement
between the DDNI1FA and the
City.
The term of the agreement
will be for a 10 year period
beginning July 1, 1990.
According to the funding
agreement, DDA a d TIFA
Boards will be allowed to carry
out maj projects.
In tb reement for the first
year, annual funding will be a
net $320,000 from City tax
uni
II
ICHIGAN CITIZEN PAGE 15
Deveopm
sources. The DDA/TIFA
Boards, combined ill get a
check for a minimum of 25% of
the total paylDClll due DO 1 er
than October 15, 1990 aDd the
.balance nq latrz than March 15,
1991, for the first year of the
agreement. Payments not
received by March 15 ill be
delinquent nd will accrue
interest at a rate to be determined
by both parties. .
A��toilie��
- The DDNI1FA Boards
will present annual budgets to
the City Commis ion.
- Audit costs for all monies
utilied by the DDA!I1F A will be
paid for directly out of the
QDA!IlFA funding.
- The Ci of Benton Harbor
releases th TIF A from Urban
Land As embly Gr nt
responsibilities including
bonding and annual payment
and the previous DDA & TIP A
City Share Agreement.
- Termin tion of the
agreement rna terminated
upon mutual consent of the
parties in writing and u n
expiration of the term 0 , e
agreement.
In the proposed budget or
DDA, $41,67 will go toward
salary and fri ; 18,900 for
operations; $199,426 for
projects, m ing at total of
S260,000. ForTIFA $41,284 for
alary 'and fringes; $8,40 for
operations; and 10,31 for
nt budget
S6(fooo I 31, 19 2, for the amount of
er' the $1.00 .:
a 1 The DDA inve ted in
eXCC"a of. $40,000 in ilizing
the Liberty Theater in order to
mothball and preserve the
historical structure. DDA
also committed to paying utility
. bills 00 the building.
Buy Government seized merchand' t fan tic
prices. Cars, hou s� bo t , computers and furni­
ture are available. 5.ti I.ction Ga.... 1ftfI. For
information ru h stamped If-addre d
envelope to: Dyer Associ te
57 Chapel Hill Drive
Fairfield, OM 4s014
1
WILLIE
WILLI
'5
o aer
APPLIA
CES
DICKEY
REALTY
(616) 926-1936
GROUP
30
PI
to
Road-
nton Harbor,
149022
"Evt!fjlhing We Touch,
LEASI
G
Tu
to SOLD"
A
2819 Detroit Rd., i , ichig n
616-683-5913
ATTOR EY nd COU SELOR AT LAW ,
o RISG
•
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GENERAL PRAC17CE OF LAW
C" 1 I 2 714'3