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ORDINANCE NO, 1166 <br />AN ORDINANCE OF THE CITY OF SOUTH BEND* INDIANA, <br />APPROPRIATING THE SUM OF ONE MILLION DOLLARS <br />($1, 000, 000, 00) TO BE APPLIED TO THE COST OF CON - <br />STRUCTION,: RE- CONSTRUCTION AND IMPROVEME NT <br />OF STREETS, AND EXPENSES INCURRED IN CONNECTION <br />THEREWITH, <br />WHEREAS, the Board of Public Works and Safety of <br />the City of South Bend has found that many streets in said city <br />have deteriorated and have become defective to a serious extent; <br />that an emergency exists for the immediate construction, re- <br />construction and improvement of such streets, and that said project <br />is necessary in order to protect the safety and well -being of the <br />citizens. of said city, and will be of general benefit to the entire <br />city; and <br />WHEREAS, the Board of public Works and Safety has <br />determined that the estimated cost of said project, and the incidental <br />expenses necessary to be incurred in connection therewith, including <br />the issuance of bonds, will be in the approximate amount of One <br />Million Dollars ($1, 000, 000.00), and has filed a request for an <br />appropriation in said amount for said purposes, which request has <br />been approved by the City Controller, with the recommendation that <br />the funds necessary to cover such appropriation be obtained by <br />the issuance and sale of general obligation bonds of the city; and <br />WHEREAS, the Council now finds that the construction, <br />re- construction and improvement of streets is immediately nec- <br />essary and will be of general benefit to the city and its citizens; and <br />WHEREAS, the Council now finds that the city has no <br />funds available or provided for in the existing budget and tax levy <br />which may be applied to said projects, making it necessary to <br />