No. 1385 determining to appropriate monies for the purpose of defraying the expenses of certain local public improvements for fiscal year beginning 1/1/96 and ending 12/31/96 including all outstanding claims/obligations

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Resolution No. 1385 A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION DETERMINING TO APPROPRIATE MONIES FOR THE PURPOSE OF DEFRAYING THE EXPENSES OF CERTAIN LOCAL PUBLIC IMPROVEMENTS FOR THE FISCAL YEAR BEGINNING JANUARY 1, 1996 AND ENDING DECEMBER 31, 1996 INCLUDING ALL OUTSTANDING CLAIMS AND OBLIGATIONS, FIXING A TIME WHEN THE SAME SHALL TAKE EFFECT Whereas, the South Bend Redevelopment Commission is the lessee of certain local improvements which shall, during calendar year 1996, realize revenues and incur expenses in connection with the operation and maintenance of the same; and Whereas, the South Bend Redevelopment Commission has determined that it is necessary to appropriate the revenues of certain local public improvements in order to defray the expenses of those local public improvements. NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT COMMISSION AS FOLLOWS: 1. The South Bend Redevelopment Commission determines that for the expenses of the Blackthorn Golf Course and its various divisions, for the fiscal year 1996, the sums of money, as set forth in the attached budget which is made a part hereof, are hereby appropriated and ordered set apart out of the funds hereinafter named, and for the purposes hereinafter specified, subject to the laws governing the same. The sums herein appropriated shall be deemed to include all expenditures authorized to be made in said year, unless otherwise expressly stipulated or provided by law. 2. The South Bend Redevelopment Commission determines that for the fiscal year ending December 31, 1996, the above referenced appropriations are made within the Blackthorn Golf Course Fund. 3. A hearing on the appropriation of funds herein described is set for Friday, December 1, 1995 at 10:00 A.M., 1308 County -City Building, 227 W. Jefferson Boulevard, South Bend Indiana 46601. 4. This resolution shall be in full force and effect from and after its adoption.