YES:
MR. SPEAKER:
Your Committee on Local Government , to which was referred Senate Bill 318 ,
has had the same under consideration and begs leave to report the same back to the House with
the recommendation that said bill be amended as follows:
development that will serve or benefit low or moderate
income families on the parcel of real property within a
specified period, which may not exceed five (5) years from the
date of the sale or grant.
(3) The community development corporation agrees that the
community development corporation and each applicant,
recipient, contractor, or subcontractor undertaking work in
connection with the real property will:
(A) use lower income project area residents as trainees and
as employees; and
(B) contract for work with business concerns located in the
project area or owned in substantial part by persons
residing in the project area;
to the greatest extent feasible, as determined under the
standards specified in 24 CFR 135.
(4) The community development corporation agrees to
rehabilitate or otherwise develop the property in a manner
that is similar to and consistent with the use of the other
properties in the area served by the community development
corporation.".
Page 8, line 24, delete "(b)" and insert " (c)".
Page 8, line 28, delete "(c)" and insert " (d)".
Page 8, line 32, delete "(b)" and insert " (c)".
Page 8, line 35, delete "(d)" and insert " (e)".
Page 8, line 39, after "association" insert " or community
development corporation".
Page 8, line 40, delete "(e)" and insert " (f)".
Page 9, line 5, delete "(f)" and insert " (g)".
Page 9, line 8, after "zone" insert " or to a community development
corporation".
Page 9, line 12, after "association" insert " or to the community
development corporation".
Page 9, line 13, delete "(g)" and insert " (h)".
Page 9, line 13, delete "to an urban enterprise association".
Page 9, line 16, delete "(h)" and insert " (i)".
Page 9, line 25, after "corporations" insert ",".
Page 9, line 25, strike "or" and insert " community development
corporations, or".
and when so amended that said bill do pass.