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South Bend Redevelopment Commission <br />Regular Meeting -December 5, 2008 <br />5. OLD BUSINESS <br />There was no Old Business. <br />6. NEW BUSINESS <br />A. Public Hearing <br />(1) Public Hearing on Resolution No. 2524 <br />determining to transfer monies among <br />various accounts within Fund 619 for the <br />purpose of defraying the expenses of <br />certain local public improvements for the <br />fiscal year beginning January 1, 2008 and <br />ending December 31, 2008 including all <br />outstanding claims and obligations, fixing <br />a time when the same shall take effect . <br />Ms. Leonard noted that Substitute Resolution <br />No. 2524 is presented for consideration by <br />the Commission. <br />Upon a motion by Ms. King, seconded by <br />Mr. Blake and unanimously carried, the <br />Commission agreed to consider Substitute <br />Resolution No. 2524. <br />Ms. Leonard noted that Resolution No. 2524 <br />modifies the Blackthorn Golf Course budget <br />by moving money between funds to allow the <br />Blackthorn Golf Course accounting system to <br />remain within budget. The resolution does <br />not increase the size of the budget; it simply <br />adjusts the fund totals to allow payment of <br />existing bills. The biggest change is in the <br />Administration and Management line. Part <br />of the management fee for 2007 was not paid <br />unti12008. The majority of the other <br />changes are due to increased costs of natural <br />gas. <br />THERE WAS NO OLD BUSINESS <br />Mr. Varner asked if the $12,000 is in <br />