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No. 3237 appropriating tax increment financing revenues from Allocation Area Fund for the payment of certain obligations and expenses related to the Northeast Neighborhood Development Area Allocation Area
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No. 3237 appropriating tax increment financing revenues from Allocation Area Fund for the payment of certain obligations and expenses related to the Northeast Neighborhood Development Area Allocation Area
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10/17/2014 10:33:27 AM
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I <br /> i <br /> 1 <br /> 1 <br /> Secretary of the Commission to duly publish notice of said hearing; and <br /> WHEREAS, the Secretary of the Commission has caused notice of said hearing on said <br /> 1 appropriations to be published in accordance with law; and <br /> 1 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 /> 1 <br /> 1 WHEREAS,the Commission now desires to approve said appropriations in a total amount <br /> 1 of One Million Two Hundred Fifty Two Thousand and 00/100 Dollars ($1,252,000.00); <br />) <br /> I NOW,THEREFORE,BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT <br /> 4 COMMISSION AS FOLLOWS: <br /> 1 <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 /> 1 of such amount from Allocation Area Fund. <br />) <br /> 2. The funds from Allocation Area Fund in the amount of One Million Two Hundred <br /> Fifty Two Thousand and 00/100 Dollars ($1,252,000.00) are hereby appropriated for the purpose <br /> 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 /> 1 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 /> I <br /> I <br /> 1 <br /> 1 <br /> 1 <br /> 1 <br /> I <br /> i <br /> 1 <br />
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