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of Twenty -two Million and 00 /100 Dollars ($22,000,000.00); <br />NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT <br />COMMISSION AS FOLLOWS: <br />1. The Commission hereby finds that there are insufficient funds available or provided <br />for in the existing budget and tax levy which may be applied to such expenses and the expenditure of <br />such amount from Allocation Area No. 1 Fund. <br />2. The funds from Allocation Area No. 1 Fund in the amount of Twenty -two Million <br />and 00 /100 Dollars ($22,000,000.00) are hereby appropriated for the purpose of paying the <br />expenditures described at Exhibit A. <br />3. Such appropriations shall be in addition to all the appropriations provided for in the <br />existing budget and levy and shall continue in effect until the completion of the activities described <br />herein. Any surplus of such proceeds shall be credited to the proper fund as provided by law. <br />4. The President and/or the Secretary of the Commission are hereby authorized and <br />directed to certify a copy of this Resolution together with such other proceedings and actions as may <br />be necessary to the St. Joseph County Auditor for certification to the Indiana Department of Local <br />Government Finance for the purpose of obtaining its approval of the appropriations herein made. <br />ADOPTED at a regular meeting of the South Bend Redevelopment Commission held on <br />October 25, 2012 at 1308 County -City Building, 227 W. Jefferson Boulevard, South Bend, Indiana <br />46601. <br />ATTEST: <br />Signature <br />Printed Name and Title <br />SOUTH BEND REDEVELOPMENT <br />COMMISSION <br />Printed Name and Tide <br />