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WHEREAS, the Council now finds that an extraordinary emergency exists <br />for the expenditure of more money for the current year than was set out in <br />detail in the published budget and that the acquisition of such land and the <br />construction, furnishing and equipment of such buildings is necessary in order <br />to protect the well -being and the property of its citizens and will be of <br />general benefit to the entire City and its citizens; and <br />WHEREAS, the Council now finds that the City has no funds available <br />or provided for in the existing budgets and tax levies which may be applied on <br />said projects, making it necessary to authorize the issuance of bonds of the <br />City in order to procure such funds, and that an extraordinary emergency exists <br />for the 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 1965", heretofore authorized to be issued <br />to provide funds for the acquisition of land as a site or sites for, and the <br />construction, furnishing and equipment of, a building or buildings as a centralized <br />city facility to house various departments, offices and branches of city govern- <br />ment and also to provide for the housing and maintenance of city equipment of the <br />City of South Bend, Indiana; together with the incidental expenses in connection <br />with the foregoing and on account of the issuance of bonds therefor. <br />Section 2. This ordinance shall be in full force and effect from and <br />after its passage and signing by the Mayor. <br />Member of the Common Council <br />Passed and adopted by the Common Council of the City of South Bend <br />on the 12th day of July 1965. <br />ATTEST: <br />Kat n L. Blough City Clerk <br />-2- <br />