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Resolution No. 3620 Adopting Spending Plan & Authorizing Amendments - Signed
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Resolution No. 3620 Adopting Spending Plan & Authorizing Amendments - Signed
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11/14/2024 2:15:12 PM
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RESOLUTION NO. 3620 <br />A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION <br />ADOPTING AN ANNUAL SPENDING PLAN FOR YEAR 2025 AND AUTHORIZING <br />REDEVELOPMENT STAFF TO UNDERTAKE CERTAIN RELATED ACTS <br />WHEREAS, the South Bend Redevelopment Commission (“Commission”) is the governing <br />body of the City of South Bend Department of Redevelopment established under the Redevelopment <br />of Cities and Towns Act of 1953, as amended, being I.C. 36-7-14-1 et seq. (the “Act”); and <br />WHEREAS, Section 12.7 of the Act requires the Commission to file with the Department of <br />Local Government Finance, Office of the Mayor, and the Common Council an annual spending plan <br />for the upcoming calendar year setting forth its planned expenditures; and <br />WHEREAS, Department of Redevelopment staff members (“Redevelopment Staff”) have <br />helped to prepare a spending plan for the Commission for calendar year 2025 (the “2025 Spending <br />Plan”), attached hereto as Exhibit A; and <br />WHEREAS, the Commission now desires to approve and adopt the 2025 Spending Plan and <br />authorize Redevelopment Staff to conduct certain acts related thereto. <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as <br />follows: <br />1.The Commission approves and adopts the 2025 Spending Plan attached hereto as <br />Exhibit A. <br />2.The Commission directs Redevelopment Staff to take all necessary steps to file the 2025 <br />Spending Plan with the Department of Local Government Finance, Office of the Mayor, and the South <br />Bend Common Council, and to take any other steps required under the Act. <br />3.In the event amendments to the 2025 Spending Plan are later needed, the Commission <br />hereby directs Redevelopment Staff to amend the 2025 Spending Plan accordingly, and take all other <br />appropriate measures to document any such amendments as required by the Act. <br />4. . This Resolution shall be in full force and effect after its adoption by the South Bend <br />Redevelopment Commission.
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