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HomeMy WebLinkAbout09997-10 Appropriation - $521,800 with Professional Sports Development Fund #377ORDINANCE No. Passed by the Common Council of the City of South Bend, Indiana January 25, 2010 Attest: Attest: Presented by me to the Mayor of the City of Sorrth Bend, Indiana January 26, City Clerk President of Common Council Approved and signed by me .lanuary 26, 20 10 2010 City Clerk !t-~ ~ J~~~.c~e-~-`tee May~vr ORDINANCE NO. ~ ~ ~ 1-` ~ 0 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROPRIATING $521,800 WITHIN PROFESSIONAL SPORTS DEVELOPMENT FUND (#377), TRANSFERRING AN ADDITIONAL $200,000 FROM SPORTS DEVELOPMENT FUND (#377) TO HALL OF FAME CAPITAL IMPROVEMENT FUND (#677), AND APPROPRIATING ALL FUNDS FOR COLLEGE FOOTBALL HALL OF FAME OBLIGATIONS STATEMENT OF PURPOSE AND INTENT On September 28, 2009, the South Bend Common Council enacted Ordinance No 9956- 09 constituting the City of South Bend's budget appropriation for 2010. At that time, the status was uncertain of the College Football Hall of Fame located in downtown South Bend. Accordingly, South Bend's 2010 budget as enacted September 28, 2009 did not include appropriations for the College Football Hall of Fame. At this time, it is agreed that the College Football Hall of Fame will remain open and operational through all or most of calendar year 2010. Consequently, the City has certain financial obligations relating to the College Football Hall of Fame pursuant to the City's Second Interim Agreement with The National Football Foundation and College Football Hall of Fame, Inc. This ordinance appropriates monies necessary for South Bend to meet its financial obligations under the Second Interim Agreement. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana, as follows: Section I. The sum of $521,800 is appropriated and set aside within Professional Sports Fund (#377) to meet South Bend's minimum public funding obligation for the College Football Hall of Fame pursuant to the terms of the Second Interim Agreement with The National Football Foundation and College Football Hall of Fame, Inc. Section II. The sum of $200,000 is transferred from Professional Sports Development Fund (#377) to Hall of Fame Capital Fund (#677) to satisfy South Bend's minimum capital fund contribution in 2010. Section III. All appropriations in this Ordinance shall be made on a pro rata or incremental monthly basis for as long as the College Football Hall of Fame remains open and operational during calendar year 2010 but consistent with the terms of the Second Interim Agreement. SECTION IV. This Ordinance shall be in full force and effect from and after its passage by the Common Council and approval by the Mayor. Member of the Common Council Attest: City ler Presented by me to the Mayor of the City of South Bend, Indiana, on the Z-~~ day of dir. u._ , 2010, at I p ~_ 3 ~ o'clock .~. m. ,-- Cit Clerk ~ ~~~ Approved and signed by me on the 2~ day o ~^^~-4' , 2010, at ~ o'clock. m. ~ ~ r~,~_ Mayor, City th Bend, Indiana sf Rl'ADIt~G l "- ~' `M ~" O PUBLIC HEAPING ~ ~s-~1,~ ~3 rd READING NOt APPROVf.D ~ ~~'~~- ~~ REFERRER PASS~Di ~ - L,~ -- t ~ ~ ~;',~ - 6 201 JC-;!f.1fCQi~^uE CTiY C~.E^ , SQ. 0E!dD, tN. TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 03-10 A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA APPROPRIATING $521,800 WITHIN PROFESSIONAL SPORTS DEVELOPMENT FUND (#377), TRANSFERRING AN ADDITIONAL $200,000 FROM SPORTS DEVELOPMENT FUND (#377) TO HALL OF FAME CAPITAL IMPROVEMENT FUND (#677), AND APPROPRIATING ALL FUNDS FOR COLLEGE FOOTBALL HALL OF FAME OBLIGATIONS Respectfully report that they have examined the matter and that in their opinion, this bill is being recommended to the full Council with a favorable recommendation. Ann Puzzello Chairperson, Committee of the Whole CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR DEPARTMENT OF ADMINISTRATION AND FINANCE GREGG D. ZIENTARA CONTROLLER January 6, 2010 Mr. Derek Dieter President, South Bend Common Council 4th Floor, County-City Building South Bend, IN 46601 Re: Hall of Fame Appropriation Ordinance Dear President Dieter: Enclosed for filing with the South Bend Common Council is an ordinance appropriating $721,800 from Professional Sports Development Fund # 377 to satisfy the City's financial obligation to The National Football Foundation and College Hall of Fame, Inc., pursuant to the City's Second Interim Agreement with that entity. As you may recall, when the Common Council enacted its budget appropriation Ordinance #9956-09 on September 28, 2009, The National Football Foundation had recently announced its intent to relocate the Hall of Fame to Atlanta, Georgia. Accordingly, the Common Council did not appropriate funds for the Hall of Fame. At this time, the College Football Hall of Fame will remain open and operable through all or most of calendar year 2010. Because the City has certain financial obligations to The National Football Foundation under the Second Interim Agreement, this ordinance makes the necessary appropriation. I will present this ordinance to the Common Council at its Committee meeting and at public hearing. Thank you for your assistance. Since ly, /r~. ~~ Gregg , ientara Controller Fr~~~ fn Cierk'~ Ci#@~e JA ~d - 6 2010 ~o~.w voo~~E CtT1' CL~h4C, S4. BUN!~,1N. COUNTY-CITY BUILDING 227 W. ,JEFFERSON BOULEVARD SOUTH BEND, INDIANA 46601-1830 /~ PHONE 574/235-9216 FAx 574/235-9928 TDD 574/235-5567 /~ ~11~~