HomeMy WebLinkAboutNo. 1333 appropriating monies for purpose of defraying expenses of certain local public improvements for fiscal year beginning 1/1/95 ending 12/31/95 including all claims/obligationsAWN 0
Substitute Resolution 1333
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, 1995
AND ENDING DECEMBER 31, 1995
INCLUDING ALL OUTSTANDING CLAIMS AND OBLIGATIONS,
FIXING A TIME WHEN THE SAME SHALL TAKE EFFECT,
AND ESTABLISHING CERTAIN ENTERPRISE FUNDS
Whereas, the South Bend Redevelopment is the lessee of
certain local improvements which shall, during calendar year 1995,
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 local public improvements in order to defray the expenses
of those local public improvements; and
Whereas, the South Bend Redevelopment Commission has
determined that it is in the best interests of the Commission, the
Redevelopment District and the public to establish enterprise funds
for the purpose of receiving the revenues, and out of which to pay
the expenses, of certain local public improvements.
NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND
REDEVELOPMENT COMMISSION AS FOLLOWS:
1. The South Bend Redevelopment Commission hereby
creates the Blackthorn Golf Course Fund, Fund No. 619, an
enterprise fund of the South Bend Redevelopment Commission for the
purpose of receiving the revenues, and out of which to pay the
expenses, of Blackthorn Golf Course and its various divisions.
This Fund shall be subject to full accrual accounting and any
excess revenues of this Fund shall be subject to distribution in
accordance with the terms of the Agreement Among the South Bend
Redevelopment Authority, The South Bend Redevelopment Commission,
and the St. Joseph County Airport Authority for the Operation and
Management of Blackthorn Golf Course dated October 8, 1992, as the
same may be amended from time to time.
2. For the expenses of the Blackthorn Golf Course and
IL its various divisions, for the fiscal year 1995, the sums of money,
as set forth in the attached budget which is made a part hereof,
are hereby appropriated and ordered set apart out 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.
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3. For the fiscal year ending December 31, 1995, the
above referenced appropriations are made within the Blackthorn Golf
Course Fund.
4. 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 April 7, 1995 at 10:00 A.M., 1308
County -City Building, 227 W. Jefferson Boulevard, South Bend
Indiana 46601.
SOUTH BEND REDEVELOPMENT COMMISSION
ATTES,"i Philip ccenda, President
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Robert W. Hunt
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