HomeMy WebLinkAbout5A6 Resolution No. 3497 (Redevelopment General)RESOLUTION NO. 3497
A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT
COMMISSION APPROPRIATING MONIES FROM THE
REDEVELOPMENT GENERAL (FUND 433) FOR THE PURPOSE
OF PA YING FOR CERTAIN EXPENSES INCURRED BY THE
REDEVELOPMENT COMMISSION
WHEREAS, the Redevelopment General-Fund 433 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, on September 26, 2019, the Commission adopted Resolution 3491
setting a public hearing on said appropriations, which public hearing, pursuant to the
Commission's action acknowledged at its public meeting on October 24, 2019; and
WHEREAS, the Commission held a public hearing on the proposed appropriation
on October 24, 2019 at 4:00 p.m. in the Board of Public Works Meeting Room, 1308
County-City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601 at which
all taxpayers and interested persons had an opportunity to appear and express their views at
to such appropriation, notice of which continued hearing was published in the South Bend
Tribune on September 27, 2019, in accordance with Indiana Code § 6-1.1-18-5 and
Indiana Code § 5-3-l-2(b );
NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND
REDEVELOPMENT COMMISSION AS FOLLOWS:
1. The Commission hereby approves the use of funds in the Redevelopment
General Fund in an amount not to exceed One Million Twenty-Nine Thousand and
Five Hundred Dollars ($1,029,500.00) for purposes of paying the Services and
appropriated said funds for said purpose. Such appropriation shall be in
addition to all appropriations provided for in the existing budget and levy and shall
continue in effect until the Services are completed and paid for.
2. The President and Secretary of the Commission shall be, and hereby are,
authorized and directed to certify a copy of this Resolution, together with such other
proceedings and actions as may be necessary, to the Department of Local Government
Finance.
ADOPTED at a meeting of the South Bend Redevelopment Commission held
on October 24, 2019 at the Board of Public Works Meeting Room,
1308 County-City Building, 227 W. Jefferson Boulevard, South Bend, Indiana 46601.
SOUTH BEND REDEVELOPMENT
Marcia I. Jones, President
Printed Name and Title
ATTEST
_______________________
Quentin Phillips, Secretary
Printed Name and Title
EXHIBIT A
REDEVELOPMENT GENERAL - FUND 433
2020 BUDGET SUMMARY
2020
Appropriation
Debt Service: Debt Service Payments 0
Total Debt Service 0
Projects Underway, Not Completed
Total Projects Underway, Not Completed 0
Other Activities: Legal Costs 4,500
Total Other Activities 4,500
Development Opportunity Reserve: 0
Projects Planned: Affordable and Reliable Transportation
High-quality and Convenient Childcare / Pre-k Services
Non-traditional Financial Capital
Responsive, Neighborhood-based Amenities
Support the Creation / Growth of Small Businesses
Workforce Training / Education
Total Projects Planned 1,025,000
Total Appropriation 1,029,500