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COUNTY-CITY BUILDING <br />227 W. JEFFERSON BLVD. <br />SOUTH BEND, INDIANA 46601-1830 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />PHONE 574/235-9216 <br />Fax 574/235-9928 <br />TDD 574/ 235-5567 <br />DEPARTMENT OF .ADMINISTRATION AND FINANCE <br />M. CATHERINE FANELLO <br />CONTROLLER <br />December 16, 2008 <br />Mr. Timothy Rouse <br />President, South Bend Common Council <br />4`" Floor, County-City Building <br />South Bend, IN 46601 <br />Re: Resolution Appropriating a Total of One Hundred Fifty-One Thousand <br />Dollars ($151,000.00) Within Various Funds to Pay Interest on Temporary <br />Tax Anticipation Time Warrants <br />Dear President Rouse: <br />Attached for filing with the Common Council is a Resolution along with two related <br />Resolutions which address the unusual current financial circumstances of the City. These <br />circumstances were caused by non-receipt as yet of City tax revenues levied in 2007, payable in <br />2008. <br />The captioned Resolution appropriates an aggregate total of One Hundred Fifty-One <br />Thousand Dollars ($151,000.00) out of the General Fund (No. 101), Parks and Recreation Fund <br />(No. 201), and Hall of Fame Bond Fund (No. 313), to repay interest on the Tax Anticipation <br />Time Warrants which come due December 30, 2008. <br />I will present this and the related Resolutions to the Council at its special meeting <br />scheduled for December 29, 2008. Thank you for considering this Resolution, and a special <br />thanks to the Council for making time to schedule this special meeting during the holiday season. <br />Sincerely, <br />Fi~~~ !n ~t€rk's Qi~~ca <br />D EC l 6 2008 <br />J~~f?J YC~On~lE <br />CtTYC~.EiK, ~~?. S~h~D, l1}. <br />M. Catherine Fanello <br />Controller <br />JANICE L. HALL JoxN M~IRPI-IY RosERTALLEx <br />DIRECTOR ASSISTANT CONTROLLER DIRECTOR <br />HUMAN RESOURCES INFORMATIONTECHNOLOGY <br />