Establishing Century Center Construction Fund Appropriating $616,000.00 from the Civic Center

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CITY OF SOUTH BEND South Bend, Indiana 46601 Jerry J. Miller Mayor Rollin E. Farrand, Sr., P. E. Director, Public Works Members of the Common Council County /City Building South Bend, IN 46601 Gentlemen: Reply To: Department of Public Works October 9, 1974 I respectfully submit for your consideration the following ordinances: An Ordinance Establishing the Century Center Con- struction Fund and Appropriating $616,000.00 from the Development Fund. It is necessary to establish a new fund for the construction of the Century Center since the existing fund is a trust fund only, and disbursements were not meant to be made from it. The $616,000 being appropriated is actually a transfer of current receipts and monies to be received by December 31, 1974, to the Con- struction Fund. The following ordinance is the actual appropriation ordinance for construction. 2. An Ordinance Appropriating $1,100,000.00 from the Century Center Construction Fund to Phase I Con- struction, Account 710.0. As you will note, this money is required for the first four contracts of construction to be let yet this year. The source of the funds will be a combination of gifts and donations and EDA Funds, in addition to the $616,000 transferred by the above ordinance. 3. An Ordinance Appropriating $201,925 from Revenue Sharing to F.A. Program 45 "Civic Center Authority"