Laserfiche WebLink
ORDINANCE NO. ~~ ~ ~~Q~ <br />AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, <br />INDIANA, CHANGING THE TITLE AND PURPOSE OF FUND NUMBERS 305, 315 <br />AND 328 WITHIN THE BUDGET OF THE CIVIL CITY OF SOUTH BEND, INDIANA <br />STATEMENT OF PURPOSE AND INTENT <br />The City of South Bend heretofore established certain bond proceed and debt service reserve <br />funds within the Budget of the City of South Bend known as Fund 305 -Redevelopment Bond - <br />1998/1992 TIF SBCDA; Fund 315 -Redevelopment Bond Airport Taxable; and Fund 328 - <br />RedevelopmentBond -Palais Royale. The bonds pertaining to these Funds have now been retired, <br />and the original purpose of the Funds has been satisfied. The City now wishes to re-assign these <br />fund numbers to recently issued bonds. <br />NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South <br />Bend, Indiana as follows: <br />Section I. Fund Number 305 previously known as Redevelopment Bond - 1998/1992 TIF <br />SBCDA shall be known and identified hereafter as South Bend Central Development Area (SBCDA) <br />2003 Bond Proceeds. <br />Section II. Fund Number 315 previously known as Redevelopment Bond Airport Taxable <br />shall be known and identified hereafter as Redevelopment Bond -Airport 2003 Debt Reserve. <br />Section III. Fund Number 328 previously known as Redevelopment Bond -Palais Royale <br />shall be known and identified hereafter as South Bend Central Development Area (SBCDA) 2003 <br />Debt Reserve. <br />Section IV. This Ordinance shall be in full force and effect from and after its adoption by <br />the Common Council and approval by the Mayor <br />1 st READING t-1 Z' - ° 1 <br />PUBLIC HEARING 1-2-~-0"~, <br />3 rd READWG ~--Z„~-q~ <br />NOT APPP.OVED <br />REFERRED <br />PASSED ~'Z-'I-0`~ <br />u ~~ <br />Member, South Bend Co mon Council <br />,-,-,. ~_.._._,~~ y,.. <br />Est. _ ,,. .... ,. ~ .. .. ... .~. - _. <br />,.~.w---l~-°~° 11~ <br />1 ~ ~i ~ w~, <br />