No. 0820 supplemental appropriation resolution one, COSB redevelopment district tax increment revenue bonds of 1988

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COMMISSION, as follows: Section 1. The proceeds derived from the sale of the bonds heretofore authorized to be issued and designated as "City of South Bend Redevelopment District Tax Increment Revenue Bonds of 1988" be, and they are hereby, appropriated by the Commission for the purpose of providing funds to be applied to the cost of property acquisition and redevelopment in the Allocation Area together with a sum sufficient to pay the estimated cost of all expenses reasonably incurred in connection with property acquisition and redevelopment in the Allocation Area, including the total cost of all land, rights -of -way and other property to be acquired and redeveloped, all necessary architectural engineering, legal, accounting, advertising, bond discount, and supervisory expenses, a debt service reserve and Apk capitalized interest as provided in the bond resolution, and expenses the Commission may be required to pay as "relocation assistance" under IC 8 -13 -18.5, together with expenses in connection with the issuance of the bonds not provided for in the existing budget and tax levy. Section 2. Such appropriation shall be in addition to all appropriations provided for in the existing budget and levy, and shall continue in effect until the completion of the activities described in Section 1 above. Any surplus of such proceeds shall be credited to the proper fund as provided by law. Section 3. The President and the Secretary of the Commission be and they are hereby authorized and directed to certify a copy of this resolution together with such other proceedings and actions as may be necessary to the St. Joseph County Auditor for certification to the Indiana State Board of Tax Commissioners for the purpose of obtaining 3