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Alk o <br />trans <br />IF <br />p <br />south bend public <br />transportation corporation <br />Via Hand Delivery <br />August 20, 2014 <br />Mr. Oliver Davis <br />President - City of South Bend Common Council <br />County - City Building - Room 4005 <br />South Bend, IN 46601 <br />Dear President Davis: <br />Enclosed please find an original and several copies of: <br />AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, <br />APPROPRIATING, ADOPTING AND APPROVING THE SOUTH BEND PUBLIC TRANSPORTATION <br />CORPORTATION'S 2015 BUDGET AND LEVYING THE TAX AND FIXING THE RATE OF THE TAXATION <br />FOR THE PURPOSE OF RAISING REVNUE TO FUND THE SOUTH BEND PUBLIC TRANSPORTATION <br />CORPORATION, SOUTH BEND, INDIANA, FOR THE FISCAL YEAR ENDING DECEMBER 31, 2015 <br />Due to a recent enactment of Indiana law, Transpo is required to submit its proposed budget and tax levy to the City of <br />South Bend Common Council (the "Council ") for adoption by the Council. Specifically, Indiana Code § 6- 1.1 -17 -20 <br />requires that Transpo, as a political subdivision governed by a majority of unelected officials, submit its proposed budget <br />and property tax levy to the Council for adoption. Pursuant to I.C. § 6- 1.1- 17- 20(e), the Council should review Transpo's <br />budget and proposed tax levy and adopt a final budget and tax levy for Transpo. <br />I.C. § 6- 1.1 -17 -3 sets forth the publication requirements relating to the Council's adoption of Transpo's budget and levy. <br />Pursuant to this code section, the first publication of Transpo's budget must occur by September 5, 2014 and the second <br />publication must be made by September 12, 2014. <br />Transpo's Board of Directors will vote to approve the budget and levy after it is formally adopted by the Council. <br />Transpo's Board of Directors will vote to approve the budget and levy at Transpo's regularly scheduled monthly Board <br />meeting on October 20, 2014. <br />Transpo's budget was filed with the Common Council on August 20, 2014. Transpo will present this Ordinance to the <br />Council by its Controller, Christopher Kubaszak. Tranpso's General Counsel, Jamie C. Woods, may also attend along <br />with Members of Transpo's Board of Directors. <br />On behalf of Transpo's Board of Directors, the Council's assistance in this budget process is greatly appreciated. <br />Sincerely, <br />David Cangany <br />General Manager, South Bend Public Transportation Corporation <br />Filed Ira <br />z 0 '1014 <br />JOHN VOORUR <br />CITY CLERK, SOUTH BEND, IN <br />(574) 232 -9901 • FAX (574) 239 -2309 • 1401 South Lafayette Blvd • South Bend, IN 46613 �cEI <br />