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RESOLUTION NO. 2339 <br />SUPPLEMENTAL APPROPRIATION RESOLUTION <br />OF THE CITY OF SOUTH BEND REVEVELOPMENT COMMISSION <br />(SAMPLE SWING DEVELOPMENT AREA) <br />WHEREAS, the South Bend Redevelopment Commission (the "Commission"), has <br />heretofore on May 8, 2007 adopted Resolution No. 2337, the provisions of which Resolution are <br />hereby included herein by this reference thereto, determining its intent to pay expenses incurred by <br />the Commission for local public improvements that are in or serving the Sample-Ewing Allocation <br />Area (South Bend Allocation Area No. 8) (the "Allocation Area") with property tax proceeds that <br />have been paid into the Sample-Ewing Allocation Area (South Bend Allocation Area NO.8) SpeClal <br />Fund (the "Allocation Fund") pursuant to IC 36-7-14-39, such payment being authorized by IC <br />36-7-14-39(b)(2)(J); and <br />WHEREAS, the amount of funds in the Allocation Fwld proposed to be expended for said <br />expenses incurred by the Commission is Two Hundred Thirty Nine Thousand Nine Hundred Ninety <br />Three Dollars (5239,993); and <br />WHEREAS, the Commission did not include said fwids in any regular budget for the year <br />2007; and <br />WHEREAS, there are insufficient fiends available or provided for in the existing budget and <br />tax levy which may be applied to such expenses and the expenditure of such amount from the <br />Allocation Fund has been authorized by the Commission to procure the necessary funds and an <br />extraordinary emergency and necessity exists for the making of the additional appropriation set out <br />herein; and <br />WHEREAS, the Secretary of the Commission has caused notice of a hearing on said <br />appropriation to be published as required by law; and <br />WHEREAS, such public hearing was held on June 8, 2007, at 10:00 a.m., E.S.T., at 1308 <br />County-City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601 on said <br />appropriation at which all taxpayers and interested persons had an opportunity to appear and express <br />their views as to such additional appropriation. <br />NOW, THEREFORE, BE IT RESOLVED by the Commission that: <br />1. Funds from the Allocation Fund in the amount of Two Hundred Thirty Nine Thousand <br />Nine Hundred Ninety Three Dollars ($239,99 ~) be, and they are hereby, appropriated by the <br />Commission for the purpose of providing funds to be applied to pay the expenses incurred by the <br />Commission for local public improvements that are in or serving the Allocation Area as more fully <br />described in Exhibit "A" hereto. <br />