73-16 Establishing New Funds - Laserfiche WebLink

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Section 2- 170.25 Erskine Village Debt Service Fund. The Erskine Village Debt Service Fund (No. 758) is established to account for Erskine Village project debt retirement of the South Side Tax Increment Financing (TIF) District. Funding is provided by transfers from the TIF South Side Development Fund. SECTION II. Chapter 2, Article 14 of the South Bend Municipal Code shall be amended to add a new section which shall take effect December 12, 2016, and which shall read in its entirety as follows: Section 2- 170.26. Local Road and Bridte Matchinjj Grant Fund No 265. The Local Road and Bridge Matching Grant Fund (No 265) is established to account for receipt of Community Crossing state tate grant and matching revenue and for the payment of expenditures on eligible projects. SECTION III. Chapter 2, Article 14, Section 2- 170.16 of the South Bend Municipal Code shall be amended to change the Fund name and which shall read in its entirety as follows: 2- 170.16. T/Innovation/ 311 Call Center Fund. Eff,eetive jan,,ary 1, 201 ti +The T /Innovation/ 311 Call Center Fund (No.279) is established to receive allocations and fees from various City departments to be used to defray the expenses of the City of South Bend Innovation and Technology Department. pro +„ foes fr„r, var-iou de ta++ enis to be used to defray the e:e„s°s o f the GiVy of South Lo.. 3 1 1 Call Center-. SECTION IV. Except for Section II, which shall be retroactive to December 12, 2016, this ordinance shall be in full force and effect from and after its passage by the Common Council and approval by the Mayor. Member, South Bend Common Council Attest: City Clerk Presented by me to the Mayor of the City of South Bend, Indiana on the day of 2 , at o'clock m. City Clerk