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No. 2007 determining its intent to pay certain expenses incurred for local public improvements in/or serving the AEDA allocation area No. 1 from the AEDA allocation area No. 1 special fund
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No. 2007 determining its intent to pay certain expenses incurred for local public improvements in/or serving the AEDA allocation area No. 1 from the AEDA allocation area No. 1 special fund
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,w <br />WHEREAS, the expenditures incurred by the Commission proposed to be paid with <br />(Wv property tax proceeds deposited in the Allocation Fund are described on the attached Exhibit <br />"A "; and <br />WHEREAS, the Commission desires to approve said payments from the Allocation Fund <br />in the total amount as described on Exhibit "A "; and <br />WHEREAS, the proposed payment from the Allocation Fund as provided for herein is <br />not for the operating expenses of the Commission. <br />NOW, THEREFORE, BE IT RESOLVED, by the South Bend Redevelopment <br />Commission, governing body of the City of South Bend, Department of Redevelopment, as <br />follows: <br />1. The Commission intends to approve the use of funds in the Allocation Fund in the <br />amount of One Million One Hundred Fifty Five Thousand Dollars ($1,155,000) for paying the <br />expenditures as further described in Exhibit "A ". The Secretary of the Commission is hereby <br />authorized and directed to take all necessary steps to obtain the approval of the expenditure of <br />such funds pursuant to IC 6- 1.1 -18 -5, including the publication in accordance with IC 5 -3 -1 of <br />notice of a hearing on the appropriation of such funds to be held at 10:00 a.m., on November 7, <br />2003, at 1308 County -City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601. <br />ADOPTED at a regular meeting of the South Bend Redevelopment Commission held on <br />October 17, 2003, at 1308 County -City Building, 227 West Jefferson Boulevard, South Bend, <br />Indiana 46601. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />By: <br />Robert W. Hunt, President <br />ATTEST: <br />Marcia I. J(AeuU4� <br />Vic e President <br />
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