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163, <br />pay t <br />descr <br />in co <br />RESOLUTION #71 <br />RESOLUTION TO APPROPRIATE BOND ISSUE PROCEEDS IN THE <br />AMOUNT OF $250,000 COVERING PROJECT INDIANA R -29 <br />CHAPIN STREET AREA <br />LEAS, this Commission has heretofore on the 29th day of August, <br />authorized the issuance of bonds in the amount of $250,000 to <br />cost of acquisition, clearance and renewal of the property <br />)ed in Resolution No. 53 and all expenses necessarily incurred <br />section with said proceedings; and <br />WHEREAS, the Commission did-not include the proceeds of said bonds <br />in the regular budget for the year 196,41; and <br />WHE EAS, the Executive Secretary of this Commission gave notice of <br />the h;ired ring on the matter of appropriating the proceeds of said bonds <br />as re by law; anei <br />WHEREAS, such public hearing was held on the 19th day of September, <br />1963, at 11:00 o'clock A. M., Eastern Standard Time, at the office of <br />the Commission and all taxpayers or interested persons desiring to be <br />heard in regard to said appropriation were heard; now therefore, <br />BE �T RESOLVED by the South Bend Redevelopment Commission that: <br />1. An extraordinary emergency exists for the making of an addi- <br />tional appropriation by the South Bend Redevelopment Commission in <br />the amount of $250,000 to be appropriated on the cost of acquisition, <br />clearance and renewal of theproperty described in Resolution No. 53 <br />and al o expenses necessarily incurred in connection with said proceed- <br />ings. <br />2. The proceeds of the bonds of said District in the amount of <br />$250,0)0 heretofore authorized to be issued, be appropriated for the <br />purpos s set forth herein; that such appropriation shall be in addition <br />to all appropriations provided for in the existing budget and levy, <br />and sh ll continue in effect until the completion of said project. <br />ADO <br />Commis <br />129 We <br />ATTEST <br />?TED at the regular meeting of the South Bend Redevelopment <br />;ion held on September 15, 10-63, at the office of the Commission, <br />;t Colfax Avenue, South Bend, Indiana. <br />cuXive Secretary <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />By. <br />President <br />