HomeMy WebLinkAboutNo. 1923 appropriating monies for purpose of defraying expenses of certain local public improvements for fiscal year beginning 1/1/2002 ending 12/31/2002 including all outstanding claims/obligations. -• "'%
RESOLUTION NO. 1923
A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION APPROPRIATING
MONIES FOR THE PURPOSE OF DEFRAYING THE EXPENSES OF CERTAIN LOCAL
PUBLIC IMPROVEMENTS FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2002,
AND ENDING DECEMBER 31, 2002, INCLUDING ALL OUTSTANDING CLAIMS AND
OBLIGATIONS, FIXING A TIME WHEN THE SAME SHALL TAKE EFFECT
WHEREAS, the South Bend Redevelopment Commission is the lessee of certain local
public improvements which, during calendar year 2002, realize revenues and incur expenses in
connection with the operation and maintenance of the same; and
WHEREAS, the South Bend Redevelopment Commission has determined that it is
necessary to appropriate the revenues of certain public improvements in order to defray the expenses of
those local public improvements.
NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT
COMMISSION AS FOLLOWS:
1. For the expenses of the South Bend Central Development Area Building Operations
Budget —Fund 424 (which currently includes Wayne St. Garage, Wayne St. Garage Retail Space and the
Palais Royale Retail Spaces), for the fiscal year 2002, the sums of money, as set forth in the budget which
is made a part hereof, are hereby appropriated and ordered set apart out of the funds hereinafter named,
and for the purposes hereinafter specified, subject to the laws governing the same. The sums herein
appropriated shall be deemed to include all expenditures authorized to be made in said year, unless
otherwise expressly stipulated or provided by law.
2. For the fiscal year ending December 31, 2002, the above referenced appropriations are
made within the South Bend Central Development Area Building Operations Budget Fund.
3. This resolution shall be in full force and effect from and after its adoption.
Adopted at the regular meeting of the South Bend Redevelopment Commission held Friday,
December 6, 2002, at 10:00 a.m., 1308 County -City Building, 227 West Jefferson Boulevard, South Bend,
Indiana 46601.
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
ATTEST:
Marcia Jones, e- President
Publish November 15, 2002
H: \wpdata \C0MMISSI\RES1923 Approp fund 424.wpd
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Fund 424
Building Operations Budgets
Beginning Cash a 1/1/02
Wayne Street Garage
Revenue:
11 -04 Monthly Parking
11 -03 Visitor parking
11 -05 Validations
11-06 Special Events
360 -00-00 Miscellaneous Income
Reimbursement from SBCDA TIF
Total Revenue
Expenses:
10 -01 Payroll
11 -01 FICA Regular
11 -08 Group Ins. - Health
11 -09 Clothing Allowance
11 -99 Other Fringe Benefits
21-04 Other Office Supplies
22 -24 Other Operating Supplies
31 -06 Other Professional Services
32 -02 Postage
32.04 Telephone
34 -01 Worker's Comp
34 -02 Liability Insurance
35.01 Electric
Gas
35.02 Water
36 -01 Repair & maintenance - Buildings
36 -03 Repair 8 maintenance - Automotive Equip.
36 -05 Repair & maintenance - Other Equip.
37 -07 Rentals - Equipment
39.40 Incentive Fee
39-41 Management Fee
39-89 Miscellaneous Charges 8 Services
Total Expenses
Net Income Wayne St. Garage
Wayne arage Retail Snace
Revenue:
36-02 Gross Potential Rent
Total Revenue
Expenses:
36-01 Repair & maintenance - Buildings
39-01 Management Fee
39.04 Lease Commissions
Total Expenses
Net Income Wayne St. Garage Retail Space
Palais Royale Retail Space
Revenue:
36 -02 Gross Potential Rent
360 -20.00 Common Area Maintenance Income
Reimbursement from Palais
Total Revenue
Original Increase Revised
Budget (Decrease) Budee!
$11,658 0 $11,658
132,000 (12,000) 120,000
3,600 1,200 4,800
0 2,100 2,100
200 (200) 0
420 (420) 0
0 25,846 25,846
136,220 16,526 152,746
45,108
21,892
67,000
4,635
1,365
6,000
2,160
0
2,160
240
(240)
0
2,460
(2,000)
460
324
676
1,000
1,800
(400)
1,400
22,402
(22,402)
0
1,200
(140)
1,060
2,340
(390)
1,950
1,536
964
2,500
6,300
3,820
10,120
18,960
5,540
24,500
0
100
100
1,080
(60)
1,020
8,460
20,729
29,189
120
620
740
120
5,580
5,700
102
278
380
2,615
(2,235)
380
4,500
0
4,500
4,920
(920)
4,000
131,382
32,777
164,159
4,838
(16,251)
(11,413)
13,678 2,280 15,958
13,678 2.280 15.958
5,300
(3,800)
1,500
1,200
0
1,200
479
(479)
0
6,979
(4,279)
2,700
6,699
6,559
13,258
0 554 554
0 0 0
0 9,740 9,740
0 10,294 10.294
Expenses:
602
23.797
(23,195)
22.24 Other Operating Supplies
50
27
77
36 -13 Repair 8 Maint. - Maint. Supervisor Labor
550
1,730
2,280
Postage
0
35
35
Copy 8 Fax
0
100
100
Common Area Maint. - Grounds
0
1,320
1,320
36 -17 Repair & Maint. - Electrical labor
500
(500)
0
36 -15 Repair & Maint. - Genl Maint. Labor
700
3,230
3,930
36 -18 Repair & Maint. - Mechanical Labor
300
1,060
1,360
36 -20 Repair 3 Maint. - Mileage
50
200
250
36-19 Repair S Maint. - Plumbing Labor
50
(50)
0
39.03 Management Fee
1,700
2.655
4,355
36 -11 Repair & Maint. - Exterminating
95
(95)
0
36-14 Repair & Maint. - Repair contract
400
(150)
250
23 -99 Other Repair & Maint. Supplies
100
0
100
35-01 Electric
15.000
(7,086)
7.914
35-02 Gas
3,500
(2,302)
1,198
35-04 Water
200
428
628
Total Expenses
Net Income Palais Royale Retail Space
Net Income for Fund 424
Ending Cash C 12/31/02
-ile: Fund424
23.195
602
23.797
(23,195)
9.692
(13,503)
(11,656)
0
(11,658)
$0
s0
$0