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ORDINANCE NO. \ 5 23- 0~} <br />An Ordinance of the Common Council of the City of South Bend, Indiana <br />Authorizing the Acquisition, Construction and Installation of Certain <br />Additions, Extensions and Improvements for the City's Sewage Works, the <br />Issuance and Sale of Revenue Bonds to Provide Funds for the Payment <br />Thereof, and the Collection, Segregation and Distribution of the Revenues of <br />Such Sewage Works, and Other Matters Connected Therewith <br />STATEMENT OF PURPOSE AND INTENT <br />The City of South Bend, Indiana (the "City") has established, constructed and financed a <br />sewage works (the "Sewage Works" or the "Works") and now owns and operates the Sewage <br />Works, by and through its Board of Public Works (the "Board"), pursuant to IC 36-9-23, as <br />amended, and other applicable laws. The Board has determined and recommended to the <br />Common Council of the City (the "Common Council") that certain additions, extensions and <br />improvements to the Sewage Works, as described herein, are necessary. As such, the Board has <br />chosen Jason J. Durr, Gary A. Gilot and Carl P. Littrell, each professional engineers employed by <br />the City (collectively. the "Engineers"), who have prepared and filed plans, specifications, and <br />detailed descriptions and estimates of the costs of the necessary additions, extensions and <br />improvements of the Sewage Works, which plans, specifications, descriptions and estimates, to <br />the extent required by law, have been duly submitted to and approved by, or will be approved by, <br />all governmental authorities having jurisdiction thereover, particularly the Indiana Department of <br />Environmental Management ("IDEM"), if and to the extent IDEM approval is required under <br />Indiana law (the additions, extensions and improvements to the Sewage Works as described in the <br />Engineer's plans, specifications, descriptions and estimates and below, are referred to herein as <br />the "Project"). <br />The Common Council now finds, based on the estimates prepared and delivered by the <br />Engineers, that the costs (as defined in Indiana Code Section 36-9-23-11) of the acquisition, <br />construction and installation of such additions, extensions and improvements to the Sewage <br />Works, including all authorized costs relating thereto, including the costs of the issuance of bonds <br />on account of the financing of all or a portion thereof, will be in the estimated amount of Eleven <br />Million Five Hundred Thousand Dollars ($11,500,000). <br />The City will advertise for and receive bids for the Project, and such bids will be subject <br />to the Common Council's determination to acquire, construct and install the Project and the City <br />obtaining funds for the Project. <br />