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10-16-14 Redevelopment Commission Meeting
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10/14/2014 12:25:22 PM
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NOW,THEREFORE,BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT <br /> COMMISSION AS FOLLOWS: <br /> 1. The Commission hereby finds that there are insufficient funds available or provided <br /> for in the existing budget and tax levy which may be applied to such expenses and the expenditure <br /> of such amount from Allocation Area No. 1 Fund. <br /> 2. The funds from Allocation Area No. 1 Fund in the amount of Eighteen Million <br /> Eight Hundred Forty Nine Thousand Two Hundred Fifteen and 00/100 Dollars ($18,849,215.00) <br /> are hereby appropriated for the purpose of paying the expenditures described at Exhibit A. <br /> 3. Such appropriations shall be in addition to all the appropriations provided for in the <br /> existing budget and levy and shall continue in effect until the completion of the activities described <br /> herein. Any surplus of such proceeds shall be credited to the proper fund as provided by law. <br /> 4. The President and/or the Secretary of the Commission are hereby authorized and <br /> directed to certify a copy of this Resolution together with such other proceedings and actions as <br /> may be necessary to the St. Joseph County Auditor for certification to the Indiana Department of <br /> Local Government Finance for the purpose of obtaining its approval of the appropriations herein <br /> made. <br /> ADOPTED at a regular meeting of the South Bend Redevelopment Commission held on <br /> October 16,2014 at 1308 County-City Building,227 W.Jefferson Boulevard,South Bend,Indiana <br /> 46601. <br /> SOUTH BEND REDEVELOPMENT <br /> COMMISSION <br /> Signature <br /> ATTEST' Printed Name and Title <br /> Signature <br /> Printed Name and Title <br />
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