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NOTICE OF PUBLIC HEARING
NOTICE OF REDEVELOPMENT RETAIL BUDGET HEARING
SOUTH BEND REDEVELOPMENT COMMISSION
The South Bend Redevelopment Commission hereby declares that on Thursday, October 25, 2012 at 9:30
a.m. a public hearing will be held in the Board of Public Works meeting room, 1308 County -City Building,
227 West Jefferson Boulevard, South Bend, Indiana, concerning the following resolution determining to
approve and revise a budge for the Redevelopment Retail for fiscal year 2013, and appropriating funds for
the same. Men bers of the public are cordially invited to attend the hearing for purposes of expressing their
views.
RESOLUTION NO. 3088
A RESOLUTI N 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, 2013, AND ENDING
DECEMBER 31, 2013, INCLUDING ALL OUTSTANDING CLAIMS AND OBLIGATIONS,
FIXING A TIME WHEN THE SAME SHALL TAKE EFFECT
WHEREA , the South Bend Redevelopment Commission is the lessee of certain local public
improvements which, during calendar year 2013, realize revenues and incur expenses in connection with the
operation and rr aintenance of the same; and
WHEREAS the South Bend Redevelopment Commission has determined it is necessary to appropriate
the revenues cf certain public improvements in order to defray the expenses of those local public
improvements.
NOW, TH�REFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT
COMMISSIO AS FOLLOWS:
1. For the xpenses of the South Bend Central Development Area Building Operations Budget Fund
425 (which cu ently includes Leighton Plaza Retail Space, Leighton Plaza Courtyard and Wayne Street
Garage Retail Space), for the fiscal year 2013, 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 here appropriated shall be
deemed to include all expenditures authorized to be made in said year, unless otherwise expressly stipulated
or provided by 1 iw.
2. For the fiscal year ending December 31, 2013, the above referenced appropriations are made within
the South Bend entral Development Area Building Operations Budget Fund.
3. This
Adopted at t
25, 2012, at 9::
46601
shall be in full force and effect from and after its adoption.
Regular Meeting of the South Bend Redevelopment Commission held Thursday, October
a.m., 1308 County -City Building, 227 West Jefferson Boulevard, South Bend, Indiana
SOUTH BEND REDEVELOPMENT COMMISSION
ATTEST:
Publish: October{ 12, 2012
Beginning
Reve
Operatir
Total 01
Net Ope
Ending Cash
@ 1/1 Estimate
nterest
_eighton Retail Revenue
Nayne Street Retail Revenue
Total Revenue
] Expenses:
Leighton Retail Space
Leighton Plaza
Wayne Street Retail
erating Exp.
ng Income
End of Period
Redevelopment Retail
Operations Budget
For Calendar Year 2013
Budget
95,187
500
126,123
30,282
156,905
100,409
33,918
16,858
151,185
5,720
100,907