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HomeMy WebLinkAbout6A(1) & (2) Public Hearing Resolution No. 2760 RESOLUTION N0.2760 A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION APPROPRIATING MONIES FROM THE REDEVELOPMENT GENERAL FUND (FUND 433) FOR THE PURPOSE OF PAYING FOR CERTAIN EXPENSES INCURRED BY THE REDEVELOPMENT COMMISSION WHEREAS, the Redevelopment General Fund-Fund 433 (the "General Fund'') was established for the purpose of holding, among other things, certain miscellaneous revenue proceeds (the "Proceeds") received by the South Bend Redevelopment Commission (the "Commission"~); and WHEREAS, the Commission desires to engage outside legal counsel to assist the Commission in its redevelopment efforts (the '`Services"'); and WHEREAS, there are insufficient funds available or provided for in the existing budget and tax levy which maybe applied to pa}nnent for the Services; and WHEREAS, the Commission desires to pay certain expenses incurred by it out of the Proceeds; and and WHEREAS, such appropriations are subject to the provisions of Indiana Code ti 6-1.1-18-5; WHEREAS, on April 23, 2010 the Commission adopted Resolution 2664 appropriating Fifteen Thousand and no/100 Dollars 015.000.00) and on July 9, 2010 adopted Resolution 2703 appropriating an additional Fifteen Thousand and no/100 Dollars (515,000.00) for purposes of paying the Services; and WHEREAS, the Commission on September 3, 2010 set a public hearing for October 1, 2010 at 10:00 a.m. in the Board of Public Works Meeting Room. 13`f' Floor, County-City Building, 227 West Jefferson Boulevard, South Bend. Indiana 46601; and WHEREAS, the Secretary of the Commission has caused notice of said hearing on said appropriations to be published in accordance with law; and WHEREAS. such public hearin~~ was held at the Commission's meeting at 10:00 a.m. on October 1, 2010, at 1308 County-City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601, at which all taxpayers and interested persons had an opportunity to appear and express their views as to such additional appropriations; and WHEREAS, the Commission now desires to approve said additional appropriations in a total amount of an additional Fifteen Thousand and no/100 Dollars (S 15,000.00); NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT COMMISSION AS FOLLOWS: 1. The Commission hereby finds that there ai°e insufficient funds available or provided for in the existing budget and tax levy which maybe applied to the payment of the Services. 2. The Commission hereby approves the use of funds in the General Fund in an amount of an additional Fifteen Thousand and 00/100 Dollars ($15,000.00) for purposes of paying the Services and desires to appropriate the said funds for said purpose. 3. Such appropriations shall be in addition to all the appropriations provided for in the existing budget and levy and shall continue in effect until the completion of the activities described herein. Any surplus of such proceeds shall be credited to the proper fund as provided by law. ADOPTED at a meeting of the South Bend Redevelopment Commission held on October 1, 2010 at 1308 County-City Building, 227 W. Jefferson Boulevard, South Bend, Indiana 46601. SOUTH BEND REDEVELOPMENT COMMISSION ATTEST: S'i,~nann~e Nrinu~d .A~~unc° and Title Prin~cd A~mnc~ curd 7~itl~~