Appropriating $1,100,000 to be Applied on the Cost of the Construction of Storm, Sanitary and Other Sewers

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WHEREAS, a petition has been filed under the provisions of Chap- ter 119 of the Acts of 1937 by more than fifty (50) owners of taxable real estate in the City of South Bend, requesting the Common Council to issue bonds in an amount not exceeding One Million One Hundred Thousand Dollars ($1,100,000) for the purpose of procuring funds to be applied on the cost of the projects hereinbefore described; and WHEREAS, the Council now finds that the construction of such improvements and the acquisition of such lands and rights -of -way are necessary and will be of general benefit to the City and its citizens; and WHEREAS, the Council now finds that the City has no funds available or provided for in the existing budgets and tax levies which may be applied on said projects, making it necessary to authorize the issuance of bonds of the City in order to procure such funds, and that an extra- ordinary emergency exists for the making of the additional appropriation hereinafter set out; now therefore, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Section 1. That the sum of One Million One Hundred Thousand Dollars ($1,100,000) be and the same is hereby appropriated out of the proceeds of the bonds designated as "Municipal Bonds of 196111, hereto- fore authorized to be issued for application on the cost of the con- struction of storm, sanitary and other sewers to Maple Road for the Northwest Industrial Development area, as well as in the area of LaFayette Boulevard and Iroquois Avenue located North of the St. Joseph River and in the Chippewa Avenue and Ireland Road areas; also, for the acquiring of lands and rights -of -way for a new Sample Street bridge and for making major thoroughfare improvements and acquiring of rights -of -way therefor, and the incidental expenses necessary to be incurred in connection with such projects and the issuance of bonds on account thereof. -2-