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South Bend Redevelopment Commission <br />Regular Meeting - October 3, 1997 <br />6. NEW BUSINESS (CONT.) <br />a. continued.... <br />to that of South Bend Heritage Foundation. <br />There were no objections and item 6.a. was TABLED ITEM 6.A. <br />tabled until the next meeting. <br />b. Commission approval requested for <br />Resolution No. 1544 regarding use of <br />excess funds in the Redevelopment <br />District (Stadium) Fund (Fund 311) and <br />authorizing the closing of the same. <br />Mrs. Kolata stated that when the Coveleski <br />Stadium's debt was paid off, there was <br />$45,817.57 remaining in Fund 311, which <br />was obtained through a tax levy. Bond <br />40 Counsel has determined that the funds can <br />legally be used to displace other bond funds <br />in the same taxing jurisdiction. Fund 311 <br />will be closed, and the remaining funds will <br />be transferred to Fund 310 which will pay <br />for the Studebaker Bond. <br />Upon a motion by Ms. Schwartz, seconded COMMISSION ADOPTED RESOLUTION NO. 1544 <br />by Mr. Faccenda and unanimously carried, REGARDING THE USE OF EXCESS FUNDS IN THE <br />the Commission adopted Resolution REDEVELOPMENT DISTRICT (STADIUM) FUND <br />No. 1544 regarding the use of excess funds THE D 31 SAME AND AUTHORIZING THE CLOSING OF <br />in the Redevelopment District (Stadium) <br />Fund (Fund 311) and authorizing the <br />closing of the same. <br />c. Commission approval requested for <br />proposal from Cole Associates, Inc. for <br />planning and pre- design engineering <br />services for the Master Plan for Airport <br />2010 Project Phases II and III for <br />property located in the Airport <br />H:\HOME\CPIHPPS\WPDATA\COMMSN\100397.MfN -7- <br />