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No. 3235 appropriating tax increment financing revenues from Allocation Area Fundfor the payment of certain obligations and expenses related to the West Washington-Chapin Development Area
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No. 3235 appropriating tax increment financing revenues from Allocation Area Fundfor the payment of certain obligations and expenses related to the West Washington-Chapin Development Area
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10/17/2014 10:30:22 AM
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1 <br /> a <br /> I <br /> Secretary of the Commission to duly publish notice of said hearing; and <br /> a <br /> Y WHEREAS, the Secretary of the Commission has caused notice of said hearing on said <br /> appropriations to be published in accordance with law; and <br /> WHEREAS, such public hearing was held at the Commission's meeting at 9:30 a.m. on <br /> October 16 2014, at 1308 County-City Building, 227 West Jefferson Boulevard, South Bend, <br /> Indiana 46601, at which all taxpayers and interested persons had an opportunity to appear and <br /> express their views as to such additional appropriations; and <br /> a <br /> Q WHEREAS, the Commission now desires to approve said appropriations in a total amount <br /> of Seven Hundred Twenty Two Thousand and 00/100 Dollars ($722,000.00); <br /> NOW,THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT <br /> COMMISSION AS FOLLOWS: <br /> I <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 /> ii of such amount from Allocation Area Fund. <br /> 2. The funds from Allocation Area Fund in the amount of Seven Hundred Twenty <br /> Two Thousand and 00/100 Dollars ($722,000.00) are hereby appropriated for the purpose of <br /> paying the expenditures described at Exhibit A. <br /> 3. Such appropriations shall be in addition to all the appropriations provided for in the <br /> 1 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 /> (remainder of page intentionally left blank) <br /> 1 <br /> i <br /> i <br /> 4 <br />
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