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ORDINANCE NO. 4778 -65 <br />An Ordinance of the City of South Bend, Indiana <br />appropriating the sum of ONE MILLION FIVE HUNDRED <br />THOUSAND DOLLARS ($1,500,000) for the acquisition <br />of land as a site or sites for, and the construction, <br />furnishing and equipment of, a building or buildings <br />as a centralized city facility to house various depart- <br />ments, offices and branches of city government and <br />also to provide for the housing and maintenance of <br />city equipment of the City of South Bend, Indiana; <br />together with the incidental expenses in connection <br />with the foregoing and'on account of the issuance of <br />bonds therefor and declaring that an extraordinary <br />emergency exists for the expenditure of said funds. <br />WHEREAS, the Board of Public Works and Safety of the City of South Bend, <br />Indiana has found that it would be for the best interests of said City and its <br />citizens to provide funds for the acquisition of land as a site or sites for, <br />and the construction, furnishing and equipment of, a building or buildings as <br />a centralized city facility to house various departments, offices and branches <br />of city government and also to provide for the housing and maintenance of city <br />equipment of the City of South Bend, Indiana; together with the incidental <br />expenses in connection with the foregoing and on account of the issuance of <br />bonds therefor in the approximate amount of ONE MILLION FIVE HUNDRED THOUSAND <br />DOLLARS ($1,500,000); and <br />WHEREAS, the Board of Public Works and Safety has filed a request for <br />an appropriation in the amount of ONE MILLION FIVE HUNDRED THOUSAND DOLLARS <br />($1,500,000) for said purposes, which request has been approved by the City <br />Controller with the recommendation that the funds necessary to cover such <br />appropriation be obtained by the issuance and sale of general obligation bonds <br />of the City; and <br />WHEREAS, a petition has been filed under the provisions of Chapter 119 <br />of the Acts of 1937, as amended, by more than fifty (50) owners of taxable real <br />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 />-1- <br />