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ORDINANCE NO. l � ������ <br /> AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH <br /> BEND, INDIANA APPROPRIATING $1,350,000 FOR MAJOR CAPITAL <br /> INVESTMENT PROJECTS IN 2011 <br /> STATEMENT OF PURPOSE AND INTENT <br /> 5everal projects pertaining to economic development, community development, <br /> and structural improvement have been identified of interest and benefit to the City of <br /> South Bend. Among these are: <br /> 1. St. Joseph Hospital area site consolidation for economic and community <br /> development investment ($1,200,000); <br /> 2. US 31 Project utility relocation($60,000); <br /> 3. East Bank riverwalk repair of structurally deficient boardwalk support <br /> pylons ($50,000) <br /> 4. Elbel Golf Course water pump equipment replacing inefficient and <br /> obsolete equipment ($40,000); <br /> It is necessary to appropriate the funds to make the above identified capital <br /> investment expenditures. <br /> NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF <br /> THE CITY OF SOUTH BEND, INDIANA as follows: <br /> Section I. The following sums are appropriated and set aside within the following <br /> City Funds for purposes of capital investments on various projects: <br /> , ---- � --_ _ __ <br /> : Pro'ect _f _ __ Fund ; $ Amount ' <br /> -- — <br /> ; Site Consolidation : Fund 408 EDIT ; 1,200,000 ; <br /> , � ... <br /> _ - <br /> Utility Relocation , Fund 412 Major Moves ` 60,000 1 <br /> _ -- _ _ . . _.__ _� <br /> Riverwalk repairs_ ; Fund 201 Parks & Recreation 50,000 ? <br /> q.. _. _ <br /> -- <br /> E uipment Investment i Fund 201 Parks & Recreation � 40,000 ; <br /> _. : _ __ . _ , <br /> _ _ <br /> ; <br /> � 7otal � �� � ; 1,350,000 � <br /> Section II. The site consolidation appropriation of $1,200,000 is subject to a <br /> written agreement setting forth the public benefits to the citizens of South Bend <br />