HomeMy WebLinkAboutNo. 2662 setting a public hearing on appropriation of monies from redevelopment general fund (Fund 433) for purpose of paying for certain expenses incurred by Redevelopment Commission0 RESOLUTION NO. 2662
A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT
COMMISSION SETTING A PUBLIC HEARING ON THE
APPROPRIATION OF 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 may be applied to payment for the Services; and
WHEREAS, the Commission desires to pay certain expenses incurred by it out of the
Proceeds; and
WHEREAS, such appropriations are subject to the provisions of Indiana Code § 6- 1.1 -18 -5;
and
WHEREAS, the Commission desires to set a public hearing on the proposed additional
appropriation for April 9, 2010 at 10:00 a.m. in the Board of Public Works Meeting Room, 13th
Floor, County -City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601 and to
authorize the Secretary of the Commission to duly publish notice of said hearing in accordance with
Indiana Code § 6- 1.1 -18 -5 and Indiana Code § 5- 3- 1 -2(b);
NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT
COMMISSION AS FOLLOWS:
1. The Commission hereby finds that there are insufficient funds available or provided
for in the existing budget and tax levy which may be applied to the payment of the Services.
2. The Commission hereby approves the use of funds in the General Fund in an amount
not to exceed Seventy Thousand and 00 /100 Dollars ($70,000.00) for purposes of paying the
Services and desires to appropriate the said funds for said purpose.
3. The Secretary of the Commission is hereby authorized and directed to take all
necessary steps to obtain the approval of the expenditure of such funds and to appropriate such funds
is Pursuant to Indiana Code § 6 -1.1 -18.5, including publication in accordance with Indiana Code §5 -3 -1
of notice of a hearing on the appropriation of such funds to be held at 10:00 a.m., Friday, April 9,
2010, in the Board of Public Works Meeting Room, 13th Floor, County -City Building, 227 West
Jefferson Boulevard, South Bend, Indiana 46601.
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ADOPTED at a meeting of the South Bend Redevelopment Commission held on
March 19, 2010 at 1308 County -City Building, 227 W. Jefferson Boulevard, South Bend, Indiana
46601.
ATTEST:
Signature
Nancy N. King, Secretary
Printed Name and Title
SOUTH BEND REDEVELOPMENT
COM ION
e
David A. Varner, Vice President
Printed Name and Title