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WHEREAS, the amount of funds in the Allocation Fund proposed to be expended for said <br />expenses incurred by the Commission is Five Million Two Hundred Seven Thousand Two Hundred <br />Two and 00 /100 Dollars ($5,207,202.00), and <br />WHEREAS, on December 4, 2009, the Commission adopted Resolution 2618 setting a <br />public hearing on said appropriations for 10:00 a.m. on January 15, 2010 and authorizing the <br />Secretary of the Commission to duly publish notice of said hearing; and <br />WHEREAS, the Secretary of the Commission has caused notice of said hearing on said <br />appropriations to be published in accordance with law; and <br />WHEREAS, such public hearing was held at the Commission's meeting at 10:00 a.m. on <br />January 15, 2010, at 1308 County -City Building, 227 West Jefferson Boulevard, South Bend, Indiana <br />46601, at which all taxpayers and interested persons had an opportunity to appear and express their <br />views as to such additional appropriations; and <br />WHEREAS, the Commission now desires to approve said appropriations in a total amount <br />of Five Million Two Hundred Seven Thousand Two Hundred Two and 00 /100 Dollars <br />($5,207,202.00); <br />0 NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT <br />COMMISSION AS FOLLOWS: <br />1. The Commission hereby finds that there are insufficient funds available or provided <br />for in the existing budget and tax levy which may be applied to such expenses and the expenditure of <br />such amount from Allocation Area Fund. <br />2. The funds from Allocation Area Fund in the amount of Five Million Two Hundred <br />Seven Thousand Two Hundred Two dollars ($5,207,202.00) are hereby appropriated for the purpose <br />of paying the expenditures described at Exhibit A. <br />3. Such appropriations shall be in addition to all the appropriations provided for in the <br />existing budget and levy and shall continue in effect until the completion of the activities described <br />herein. Any surplus of such proceeds shall be credited to the proper fund as provided by law. <br />4. The President and /or the Secretary of the Commission are hereby authorized and <br />directed to certify a copy of this Resolution together with such other proceedings and actions as may <br />be necessary to the St. Joseph County Auditor for certification to the Indiana Department of Local <br />Government Finance for the purpose of obtaining its approval of the appropriations herein made. <br />• <br />