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03-14-11 Council Agenda & Packet
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03-14-11 Council Agenda & Packet
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1865- <br /> CITY OF SOUTH BEND STEPHEN J. LUECKE,MAYOR <br /> .DEPARTMENT OF ADMTNISTRATION & RNANcE <br /> GREGG D.ZIENTARA <br /> CONTROLLER <br /> February 23, 2011 �a LLK3 - <br /> Mr. Derek Dieter <br /> President, South Bend Common Council <br /> 4th Floor, County-City Building <br /> South Bend, IN 46601 <br /> re: Appropriation of Common Council for State of Indiana Grant Monies for the Construction of the <br /> Kroc Center in the City of South Bend <br /> Dear President Dieter: <br /> On June 28, 2010,,the Common Council adopted Ordinance 10016-10, appropriating$2,000,000 in State <br /> of Indiana Grant pass through funds for the operating endowment for the Ray and Joan Kroc Center to be <br /> constructed at Western and Chapin Streets in the City of South Bend. <br /> The State of Indiana grant funds were defined to be awarded for the project in four(4) payment tranches <br /> of$500,000, the first in July of 2010, with the remaining three (3) in fiscal 2011. <br /> This bill, will appropriate, the remaining $1,500,000, of the State of Indiana Grant funds to the Kroc <br /> Center project, for receipt from the State of Indiana, and pass through to the Salvation Army, during fiscal <br /> 2011. <br /> Funds will be received from the State of Indiana, and upon receipt will be disbursed to the Salvation <br /> Army, in accordance with the stipulations of the State of Indiana Grant. <br /> Funds will be received in Fund 210, State Grant, and will be disbursed from the same fund. Payment <br /> tranches from the State of Indiana will be in increments of$500,000, receipted by the City of South Bend <br /> and disbursed to the Salvation Army in $500,000 tranches,following receipt of funds. <br /> This bill is presented to Council for first read at the February 28 meeting, committee meeting, 2w read, 3"d <br /> read and Council vote on March 14, 2011. <br /> Controller Zientara will present this bill to Council at the committee meeting and at the Council session. <br /> Regard , W- JOINN ck's 0641, <br /> Gregg i ara 3 Nil <br /> I <br /> cc: Stephen J. Luecke, Mayor of the City of South Bend QORpE <br /> Jeff Gibn ey CrYCLERK,SOUTH BEND,IN <br /> County-City Building 227 West Jefferson Boulevard South Bend,Indiana 46601-1830 <br /> Phone: 574/235-9216 Fax: 574/235-9928 TDD: 574/235-5567 <br />
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