No. 0021 issuance of bonds in the amount of $1,100,000, acquisition cost, clearance and renewal of property described in Res. No. 14

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RKSOIL.UT101 IlwTo Z I , this Commission has heretofore on the 7th day of July, 1960, authorized the issuance of bonds in the amount of $1, 100, 000 to pay the cost of acquisition, clearance and renewal of the property described in Resolution No. 14 and all expenses necessarily incurred in connection with said proceedings; and REAS, the Commission did not include the proceeds of said bonds in the regular budget for the year 1961; and REAS, the Executive Secretary of this Commission gave notice of the hearing §n the matter of appropriating the proceeds of said bonds as required by law; and , such public hearing was held on July 21, 1960, at 10:00 A.M., Central tandard Time (11 :00 A.M., Daylight Saving Time) at the office of the Commis ion and all taxpayers or interested persons desiring to be heard in re- gard to s�a.id appropriation were heard; now therefore, IT RESOLVED by the South Bend Redevelopment Commission that: 1 � An extraordinary emergency exists for the making of additional ap- propriation by the South Bend Redevelopment Commission in the amount of $1, 100, 0 0 to be appropriated on the cost of acquisition, clearance and renewal of the pr perty described in Resolution No. 14 and also expenses necessarily incurred lin connection with said proceedings. 2 � The proceeds of the bonds of said District in the amount of $1, 100, 000 heretofore authorized to be issued, be appropriated for the purposes set forth herein; tl at such appropriation shall be in addition to all appropriations provided for in th� existing budget and levy, and shall continue in effect until the comple- tion of said project. A OPTED at the regular meeting of the South Bend Redevelopment Com- mission eld on July 21, 1960, at the office of the Commission, 129 West Colfax Avenue , ATTEST: Bend, Indiana. cultve becretary SOUTH BEND REDEVELOPMENT COMMISSION By Fred J. Helmen, President