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ORDINANCE NO. <br /> AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH <br /> BEND,INDIANA APPROPRIATING $ 1,000,000 IN INFRASTRUCTURE <br /> INVESTMENT FOR ADDITIONAL S'T'REET PAVING AND INSTALLATION <br /> OF A TRAFFIC SIGNAL REQUIRED FOR EFFICIENT TRAFFIC ]FLOW <br /> IN 2011 <br /> STATEMENT OF PURPOSE AND INTENT <br /> A project pertaining to structural improvement has been identified of interest and <br /> benefit to the City of South Bend. This project includes investment in street paving to <br /> repair certain deficient street surfaces and the installation of a traffic signal required to <br /> enable efficient traffic flow on a main city artery. <br /> It is necessary to appropriate the funds to make this infrastructure investment <br /> expenditure. <br /> NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF <br /> THE CITY OF SOUTH BEND, INDIANA as follows: <br /> Section I. The sum of$ 400,000.00 is hereby appropriated and set aside within <br /> Motor Vehicle Highway Fund#202 for purposes of investment in the street paving <br /> projects. <br /> Section II. The sum of$ 600,000.00 is hereby appropriated and set aside within <br /> Local Roads and Streets Fund#251 for purposes of investment in the street paving and <br /> traffic signal installation projects. <br /> Section III. This ordinance shall be in full force and effect from and after its <br /> passage by the Common Council and approval by the Mayor. <br /> Member of the Common Courkil <br /> Attest: <br /> dV Of this bill 1, <br /> City Clerk ,y� lsi ��+`tatgfe tl !°Pt- i7 a31 <br /> Presented by me to the Mayor of the City of South Bend, Indiana on the <br /> day of , 2 , at o'clock m. <br />