No. 2703 appropriating monies from the Redevelopment General Fund (Fund 433) for the purpose of paying for certain expenses incurred by the Redevelopment Commission

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0 RESOLUTION NO. 2703 A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT APPROPRIATING MONIES FROM THE REDEVELOPMENT GENERAL FUND (FUND 433) FOR THE PURPOSE OF PAYING FOR CERTAIN EXPENSES INCURRED BY THE REDEVELOPMENT COMMISSION WHEREAS, the Redevelopment General Fund —Fund 433 (the "General Fund ") was established for the purpose of holding, among other things, certain miscellaneous revenue proceeds (the "Proceeds ") received by the South Bend Redevelopment Commission (the "Commission "); and WHEREAS, the Commission desires to engage outside legal counsel to assist the Commission in its redevelopment efforts (the "Services "); and WHEREAS, there are insufficient funds available or provided for in the existing budget and tax levy which may be applied to payment for the Services; and WHEREAS, the Commission desires to pay certain expenses incurred by it out of the Proceeds; and WHEREAS, such appropriations are subject to the provisions of Indiana Code § 6- 1.1 -18 -5; and WHEREAS, on April 23, 2010 the Commission adopted Resolution 2664 appropriating Fifteen Thousand and no /100 Dollars ($15,000.00) for purposes of paying the Services ; and WHEREAS, the Commission on June 18, 2010 approved Resolution 2680 to set a public hearing for July 9, 2010 at 10:00 a.m. in the Board of Public Works Meeting Room, 13th Floor, County -City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601; and WHEREAS, the Secretary of the Commission has caused notice of said hearing on said appropriations to be published in accordance with law; and WHEREAS, such public hearing was held at the Commission's meeting at 10:00 a.m. on July 9, 2010, at 1308 County -City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601, at which all taxpayers and interested persons had an opportunity to appear and express their views as to such additional appropriations; and WHEREAS, the Commission now desires to approve said additional appropriations in a total amount of an additional Fifteen Thousand and no /100 Dollars ($15,000.00); .NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT COMMISSION AS FOLLOWS: 1. The Commission hereby finds that there are insufficient funds available or provided