HomeMy WebLinkAboutNo. 1464 determining to pay certain expenses incurred for local public improvements in or serving the WWCAA (No. 7) from the WWCAA (No. 7) special fundRESOLUTION NO. 1464
RESOLUTION OF THE SOUTH BEND REDEVELOPMENT
COMMISSION DETERMINING TO PAY CERTAIN EXPENSES
INCURRED FOR LOCAL PUBLIC IMPROVEMENTS IN OR
SERVING THE WEST WASHINGTON - CHAPIN ALLOCATION AREA
(SOUTH BEND ALLOCATION AREA NO. 7) FROM THE
WEST WASHINGTON - CHAPIN ALLOCATION AREA (SOUTH BEND
ALLOCATION AREA NO. 7) SPECIAL FUND
WHEREAS, the South Bend Redevelopment Commission ( "Commission "), governing
body of the City of South Bend Department of Redevelopment ( "Department "), on October 23,
1987, adopted Resolution No. 818 declaring the West Washington - Chapin Development Area to
be a blighted area within the meaning of IC 36 -7 -14 (the "Act "); and
WHEREAS, Resolution No. 818 and the West Washington - Chapin Development Area
Development Plan were confirmed by Resolution No. 824 adopted on December 11, 1987; and
WHEREAS, Resolution No. 818 has been amended from time to time pursuant to the
provisions of the Act; and
WHEREAS, Resolution No. 818 created the West Washington - Chapin Allocation Area
(South Bend Allocation Area No. 7) and the West Washington - Chapin Allocation Area (South
Bend Allocation Area No. 7) Special Fund ( "Allocation Fund ") for purposes of paying into such
fund property tax proceeds in excess of those described in Section 39(b)(1) of the Act for the
purposes as described in Section 39(b)(2) of the Act; and
WHEREAS, the Commission desires to pay expenses incurred by it for local public
improvements that are in or serving the Allocation Area with property tax proceeds deposited in
the Allocation Fund pursuant to the Act; and
WHEREAS, such payments are authorized pursuant to Section 39(b)(2)(J) of the Act and
are subject to the provisions of IC 6- 1.1 -18 -5; and
WHEREAS, the expenditures incurred by the Commission proposed to be paid with
property tax proceeds deposited in the Allocation Fund are described on the attached Exhibit "A";
and
WHEREAS, the Commission desires to approve said payments from the Allocation Fund
in the total amount as described on Exhibit "A "; and
WHEREAS, the proposed payment from the Allocation Fund as provided for herein is not
for the operating expenses of the Commission.
NOW, THEREFORE, BE IT RESOLVED, by the South Bend Redevelopment
Commission, governing body of the City of South Bend, Department of Redevelopment, as
follows:
1. The Commission hereby approves the use of funds in the Allocation Fund in the
amount of Four Thousand Nine Hundred Eighty -Five Dollars and Thirty -five Cents ($4,985.35)
for purposes of paying the expenditures as described on Exhibit "A". 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 pursuant to IC 6- 1.1 -18 -5, including the publication in
accordance with IC 5 -3 -1 of notice of a hearing on the appropriation of such funds to be held at
10:00 a.m., on October 18, 1996 at 1308 County -City Building, 227 West Jefferson Boulevard,
South Bend, Indiana 46601.
ADOPTED at a regular meeting of the South Bend Redevelopment Commission held on
October 4, 1996, at 1308 County -City Building, 227 West Jefferson Boulevard, South Bend,
Indiana 46601.
ATTEST:
G! z /s� —�, �
William P. Hojna , Secretary
vb:resl464
SOUTHBEND REDEVELOPMIIVT COAVMffSSION
By: /V
Paula N. Auburn, President
• • • M.
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For local public improvements in or serving the West Washington - Chapin Allocation Area (South
Bend Allocation Area No. 7) as may be authorized by IC 36- 7- 14- 39(b)(2)(J) in a total amount
not to exceed $4,985.35.