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No. 0999 supplemental appropriation resolution of the COSB Redevelopment Commission
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No. 0999 supplemental appropriation resolution of the COSB Redevelopment Commission
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RESOLUTION NO. 999 <br />SUPPLEMENTAL APPROPRIATION RESOLUTION <br />OF THE CITY OF SOUTH BEND REDEVELOPMENT COMMISSION <br />WHEREAS, the South Bend Redevelopment Commission (the <br />"Commission "), has heretofore on June 14, 1991, adopted Resolution <br />No. 998, the provisions of which Resolution are hereby included <br />herein by this reference thereto, determining to pay expenses <br />incurred by the Commission for local public improvements that are <br />in or serving the South Bend Central Allocation Area (South Bend <br />Allocation Area No. 1A) (the "Allocation Area ") with property tax <br />proceeds that have been paid into the South Bend Central Allocation <br />Area (South Bend Allocation Area No. 1A) Special Fund (the <br />"Allocation Fund ") pursuant to IC 36- 7- 14 -39, such payment being <br />authorized by IC 36- 7- 14- 39(b)(2)(J); and <br />WHEREAS, the amount of funds in the Allocation Fund <br />proposed to be expended for said expenses incurred by the <br />Commission is Two Hundred Fifty Thousand Dollars ($250,000); and <br />WHEREAS, the Commission did not include said funds in <br />any regular budget for the year 1991; and <br />WHEREAS, there are insufficient funds available or <br />provided for in the existing budget and tax levy which may be <br />applied to such expenses and the expenditure of such amount from <br />the Allocation Fund has been authorized by the Commission to <br />procure the necessary funds and an extraordinary emergency and <br />necessity exits for the making of the additional appropriation set <br />out herein; and <br />
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