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ORDINANCE NO. l Z ~ 3 ~ ~ I <br />AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, <br />INDIANA, APPROPRIATING PRIVATE DONATIONS TOTALING $1,832,930.87 <br />WHICH ARE ON DEPOSIT IN COUNTY OPTION TAX FUND (#404) FOR PURPOSES <br />OF PALMS ROYALE CAPITAL IMPROVEMENTS <br />STATEMENT OF PURPOSE AND INTENT <br />The City of South Bend is commencing the capital renovation and rehabilitation of the Palais <br />Royale Ballroom at the Morris Performing Arts Center located at the corner of Colfax and Michigan <br />Streets in South Bend. The City previously appropriated funds for this project in Ordinance Number <br />9196-01. In addition to the previously appropriated funds, the City has received private donations <br />from South Bend Entertainment, Inc., for this Palais Royale improvement project. These private <br />donations total $1,832,930.87 and they have been deposited into the County Option Tax Fund <br />(#404). It is in the best interest of the City of South Bend that these privately donated funds now be <br />appropriated for purposes of beginning the capital renovation and rehabilitation construction of the <br />Palais Royale Ballroom at the Morns Performing Arts Center. <br />NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY <br />OF SOUTH BEND AS FOLLOWS: <br />Section I. The sum of $1,832,930.87 consisting solely of private donations deposited <br />into County Option Income Tax Fund (#404) is hereby appropriated for the purpose of capital <br />renovation and rehabilitation construction work of the Palais Royale Ballroom at the Moms <br />Performing Arts Center. <br />Section II. This Ordinance shall be in full force and effect from and after its passage by <br />the Common Council and approval of the Mayor. <br />K <br />Member, South Bend Co on Council <br />1st READING ~ I `iL-0~ <br />PUBLIC HEARING 1 ~ _~ -O~ <br />3 rd READ{NG <br />NOT APPROVED `l ' 2'~ ~ 0~ <br />RETERRED <br />PASSfi) `~- L~ci- O, <br />Fled to Clerk's ®fffce <br />--- LOR$T'TA JET aj ~"'."{ <br />CITY CLERK, 8fl. BEFIi1~ t#!, <br />.-.a...~..~ .-.~....~, ~ w.. ~ ...~.m, <br />i <br />t <br />