10076-11 Appropriation- $1,500,000 State Grant Fund (#210) Kroc Center

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ORDINANCE NO. � ��O�� AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA,APPROPRIATING $1,500,000.00 FROM STATE GRANT FUND (#210) AS THE OPERATING ENDOWMENT FOR THE RAY AND JOAN KROC CENTER STATEMENT OF PURPOSE AND INTENT On June 28, 2010, the Common Council adopted Ordinance 10016-10, appropriating $2,000,000 in State of Indiana Grant pass through funds for the operating endowment for the Ray and Joan Kroc Center to be constructed at Western and Chapin Streets in the City of South Bend. The State of Indiana grant funds were defined to be awarded for the project in four (4) payment tranches of $500,000, the first in July of 2010, with the remaining three (3) in fiscal 2011. This Ordinance, will appropriate, the remaining $1,500,000, of the State of Indiana Grant funds to the Kroc Center project, for receipt from the State of Indiana, and pass through to the Salvation Army, during fisca1201 l. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana, as follows: Section I. The sum of $1,500,000.00 is hereby appropriated from State Grant Fund (Fund #210) for the operating endowment at the Ray and Joan Kroc Center to be constructed at Western and Chapin Streets in South Bend. Section II. This Ordinance shall be in full force and effect from and after ' passage by the �. 1 Common Council and approval by the Mayor. � . ; Member of the Common Council Attes • ity C rk Presented by me to the Mayor of the City of South Bend, Indiana on the �S � day of �� , 2 p�, at �'•S� o'clock�C, _ m. � �'Q�-ea�r City lerk � �� ;