HomeMy WebLinkAboutNo. 1326 determining to appropriate monies for purpose of defraying expenses of certain local public improvements for fiscal year beginning 1/1/95 ending 12/31/95 including all outstanding claims/obligationsAFN
RESOLUTION NO. 13260
A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION
DETERMINING TO APPROPRIATE 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 DETERMINING TO ESTABLISH CERTAIN ENTERPRISE FUNDS
Whereas, the South Bend Redevelopment Commission 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
determines to create, effective May 1, 1995, 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.
2. The South Bend Redevelopment Commission determines
that for the expenses of the Blackthorn Golf Course and 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 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.
3. The South Bend Redevelopment Commission determines
that for the fiscal year ending December 31, 1995, the above
referenced appropriations are made within the Blackthorn Golf
Course Fund.
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4. A hearing on the creation of the enterprise fund and
the appropriation of funds herein described is set for April 7,
1995 at 10:00 A.M., 1308 County -City Building, 227 W. Jefferson
Boulevard, South Bend Indiana 46601.
5. 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 March 3, 1995 at 10:00 A.M., 1308
County -City Building, 227 W. Jefferson Boulevard, South Bend
Indiana 46601.
SOUTH BEND REDEVELOPMENT COMMISSION
ATTEST: Philip J ccenda, President
Robert W. Hunt
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