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WHEREAS, the Commission now desires to approve said appropriations in a <br />total amount of Three Million Two Hundred Twenty -eight Thousand Five Hundred and <br />00 /100 Dollars ($3,228,500.00); <br />NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND <br />REDEVELOPMENT COMMISSION AS FOLLOWS: <br />1. The Commission hereby finds that there are insufficient funds available or <br />provided for in the existing budget and tax levy which may be applied to such expenses <br />and the expenditure of such amount from Allocation Area Fund. <br />2. The funds from Allocation Area Fund in the amount of Three Million Two <br />Hundred Twenty -eight Thousand Five Hundred and 00 /100 Dollars ($3,228,500.00) are <br />hereby appropriated for the purpose of paying the expenditures described at Exhibit A. <br />3. Such appropriations shall be in addition to all the appropriations provided <br />for in the existing budget and levy and shall continue in effect until the completion of the <br />activities described herein. Any surplus of such proceeds shall be credited to the proper <br />fund as provided by law. <br />4. The President and/or the Secretary of the Commission are hereby <br />authorized and directed to certify a copy of this Resolution together with such other <br />proceedings and actions as may be necessary to the St. Joseph County Auditor for <br />certification to the Indiana Department of Local Government Finance for the purpose of <br />obtaining its approval of the appropriations herein made. <br />ADOPTED at a regular meeting of the South Bend Redevelopment Commission <br />held on October 25, 2012 at 1308 County -City Building, 227 W. Jefferson Boulevard, <br />South Bend, Indiana 46601. <br />ATTEST: <br />4�4 Z. <br />Donald Alford, Sr., Secretary <br />Printed Name and Title <br />SOUTH BEND REDEVELOPMENT <br />COMMISSION <br />rZICIZ.0 ignature <br />Marcia 1. Jones, President <br />Printed Name and Title <br />