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9446-03 Appropriating the proceeds derived from the Indiana Development Grant fund in the amount f $1,050,000
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9446-03 Appropriating the proceeds derived from the Indiana Development Grant fund in the amount f $1,050,000
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Last modified
9/24/2009 2:31:32 PM
Creation date
4/18/2008 4:40:58 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
8/25/2003
Ord-Res Number
9446-03
Bill Number
63-03
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ORDINANCE NO. ~ ~ ~ b'~ <br />AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, <br />INDIANA, APPROPRIATING THE PROCEEDS DERIVED FROM THE INDIANA <br />DEVELOPMENT GRANT FUND IN THE AMOUNT OF $1,050,000 WITHIN THE STATE <br />GRANTS FUND (FUND210) FOR THE PURPOSE OF FINANCING THE DEVELOPMENT <br />COSTS CONNECTED WITH THE TJX/AJ WRIGHT DISTRIBUTION CENTER PROJECT <br />Statement of Purpose and Intent: <br />The City of South Bend, Indiana, has previously agreed to offer certain assistance to The <br />TJX Companies, Inc., the developer of the South Bend AJ Wright Distribution Center project at <br />1902 West Sample Street. The assistance included in the Indiana Department of Commerce <br />Infrastructure Grant is specifically targeted for site preparation, utility relocation and <br />infrastructure development improvements. <br />In order to assure the efficient and timely utilization of the grant from the State of Indiana <br />certain appropriations from State Grants Fund #210 are necessary. <br />NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />Section I. The sum of $1,050,000 from proceeds derived from the Indiana Development <br />Grant Fund is hereby appropriated within Fund 210 for site development expenses at the TJX/AJ <br />Wright development site. <br />Section II. This Ordinance shall be in full force and effect from and after its passage by <br />the Common Council and approval by the Mayor: <br />Member of the Common ouncil <br />1 st READING S i ~^ <br />PllBL1C HEARING ~~Z S - 03 <br />3rd READING O' _ZS -~3 <br />NOT APPROVED <br />REFERRED <br />PASSED g'-Z,S-f~ <br />filed in ~Ierk's ®ffice <br />~u~ a ~ 200 <br />LCRBTTA J. Ol10A <br />cRVa~tc,ao,,rw <br />
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