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No. 1211 supplemental appropriation resolution of the COSBRC SEDA
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No. 1211 supplemental appropriation resolution of the COSBRC SEDA
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RESOLUTION NO. 1211 <br />SUPPLEMENTAL APPROPRIATION RESOLUTION <br />OF THE CITY OF SOUTH BEND REDEVELOPMENT COMMISSION <br />(SAMPLE EWING DEVELOPMENT AREA) <br />WHEREAS, the South Bend Redevelopment Commission (the "Commission "), has <br />heretofore on December 17, 1993, adopted Resolution No. 1209, the provisions of which <br />Resolution are hereby included herein by this reference thereto, determining to pay expenses <br />incurred by the Commission for local public improvements that are in or serving the <br />Sample -Ewing Allocation Area (South Bend Allocation Area No. 8) (the "Allocation Area ") with <br />property tax proceeds that have been paid into the Sample -Ewing Allocation Area (South Bend <br />Allocation Area No. 8) Special Fund (the "Allocation Fund ") pursuant to IC 36- 7- 14 -39, such <br />payment being authorized by IC 36- 7- 14- 39(b)(2)(J); and <br />WHEREAS, the amount of funds in the Allocation Fund proposed to be expended for said <br />expenses incurred by the Commission is One Million Eight Hundred Thousand Dollars <br />($1,800,000.00); and <br />WHEREAS, the Commission did not include said funds in any regular budget for the year <br />1994; and <br />WHEREAS, there are insufficient funds available or provided for in the existing budget <br />and tax levy which may be applied to such expenses and the expenditure of such amount from <br />the Allocation Fund has been authorized by the Commission to procure the necessary funds and <br />an extraordinary emergency and necessity exists for the making of the additional appropriation <br />set out herein; and <br />WHEREAS, the Secretary of the Commission has caused notice of a hearing on said <br />appropriation to be published as required by law; and <br />WHEREAS, such public hearing was held on January 4, 1994, at 10:00 a.m. , E. S . T. , <br />at 1308 County -City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601, on <br />said appropriation at which all taxpayers and interested persons had an opportunity to appear and <br />express their views as to such additional appropriation. <br />NOW, THEREFORE, BE IT RESOLVED by the Commission that: <br />1. Funds from the Allocation Fund in the amount of One Million Eight Hundred <br />Thousand Dollars ($1,800,000.00) be, and they are hereby, appropriated by the Commission for <br />the purpose of providing funds to be applied to pay the expenses incurred by the Commission for <br />local public improvements that are in or serving the Allocation Area as more fully described in <br />Exhibit "A" hereto. <br />2. Such appropriation shall be in addition to all appropriations provided for in the <br />existing budget and levy and shall continue in effect until the completion of the activities <br />described in Section 1 above. Any surplus of such proceeds shall be credited to the proper fund <br />as provided by law. <br />3. The President and Secretary of the Commission be and they are hereby authorized and <br />directed to certify a copy of this Resolution together with such other proceedings and actions as <br />may be necessary to the St. Joseph County Auditor for certification to the Indiana State Board <br />of Tax Commissioners for the purpose of obtaining the approval of said Board of the additional <br />appropriation herein made. <br />
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