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estate in the City of South Bend, Indiana requesting the Common Council to issue <br />bonds in an amount not exceeding One Million Five Hundred Thousand Dollars <br />($1,500,000) for the purpose of procuring funds to be applied on the cost of <br />the projects hereinbefore described; and <br />WHEREAS, the Council now finds that an extraordinary emergency exists <br />for the expenditure of more money than was set out in detail in the published <br />budget and that the said acquisition, construction, equipping and improvements <br />are necessary in order to .protect the well -being and the ,property of its citizens <br />and will be of general benefit to the entire City and its citizens; and <br />WHEREAS, the Council now finds that the City has no funds available or <br />provided for in the existing budgets and tax levies which may be applied on said <br />projects, making it necessary to authorize the issuance of bonds of the City in <br />order to ,procure such funds, and that an extraordinary emergency exists for the <br />making of the additional appropriation hereinafter set out; NOW, THEREFORE: <br />BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: <br />Section 1. That the sum of One Million Five Hundred Thousand Dollars <br />($1,500,000) be, and the same is, hereby appropriated out of the .proceeds of the <br />bonds designated as "Municipal Bonds of 1967" heretofore authorized to be issued <br />to provide funds for the cost of acquisition of land, easements and rights -of -way <br />and the construction thereon of major arterial streets to extend the inner belt <br />street system; for the construction and equipping or the remodeling and equipping <br />of a building for use as a fire station and the acquisition, improvement and <br />landscaping of any land necessary as a site therefor; construction of sewers; <br />construction, reconstruction and improving of streets; and the engineering, archi- <br />tectural, appraisal, abstracting, title insurance and legal fees and expenses <br />incidental thereto and the expenses and legal fees incidental to the issuance of <br />said bonds. <br />Section 2. This ordinance shall be in full force and effect from and <br />after its passage and signing by the Mayor. <br />Ist & 2nd READING % 7 i ' 6. <br />COISirITTEE OF THE WHOLE <br />PUBLIC HEAM810 / % -(- �/ <br />3rd READH!0 / -9'- j <br />NOT A'-PROVED <br />REFERRED <br />PASSED <br />-2- <br />`Y4l �)4A� " <br />S , <br />I ember of the Common Cl uncil <br />9 <br />