RM 11-17-95 - Laserfiche WebLink

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South Bend Redevelopment Commission Regular Meeting - November 17, 1995 6. NEW BUSINESS (Cont.) n. continued... defraying the expenses of certain local public improvements for the fiscal year beginning January 1, 1996 and ending December 31, 1996, including all outstanding claims and obligations, fixing a time when the same shall take effect. (Blackthorn Golf Course) Mrs. Kolata explained that Resolution No. 1385 states the Commission's intent to appropriate the revenues generated by Blackthorn Golf Course during the next calendar year and sets a public hearing on the appropriation for December 1 at 10:00 a.m. Attached to Resolution No. 1385 is a copy of the 1996 budget for Blackthorn Golf Course, showing total income of approximately $1,400,000 and total expenses of just over $1,000,000. Upon a motion by Mr. Hojnacki, seconded by Mr. Hunt and unanimously carried, the Commission approved Resolution No. 1385 determining to appropriate monies for the purpose of defraying the expenses of certain local public improvements for the fiscal year beginning January 1, 1996 and ending December 31, 1996, including all outstanding claims and obligations, fixing a time when the same shall take effect. (Blackthorn Golf Course) o. Commission approval requested for Resolution No. 1387 determining to pay certain expenses incurred for local public improvements in or serving the Airport -15- COMMISSION APPROVED RESOLUTION NO. 1385 DETERMINING TO APPROPRIATE MONIES FOR THE PURPOSE OF DEFRAYING THE EXPENSES OF CERTAIN LOCAL PUBLIC IMPROVEMENTS FOR THE FISCAL YEAR BEGINNING JANUARY 1, 1996 AND ENDING DECEMBER 31, 1996, INCLUDING ALL OUTSTANDING CLAIMS AND OBLIGATIONS, FIXING A TIME WHEN THE SAME SHALL TAKE EFFECT. (BLACKTHORN GOLF COURSE)