HomeMy WebLinkAboutNo. 3082 a supplemental appropriation resolutionRESOLUTION NO. 3082
ADDITIONAL APPROPRIATION RESOLUTION
OF THE CITY OF SOUTH BEND REDEVELOPMENT COMMISSION
(DOWNTOWN MEDICAL SERVICES DISTRICT)
WHEREAS, the South Bend Redevelopment Commission ( "Commission "), governing body
of the City of South Bend Department of Redevelopment ( "Department "), on May 10, 1985, adopted
Resolution No. 737 declaring the South Bend Central Development Area in the City of South Bend,
Indiana ( "City ") to be a blighted area within the meaning of the Redevelopment of Cities and Towns
Act of 1953, as amended, Indiana Code § 36 -7 -14 ( "Act "); and
WHEREAS, Resolution No. 737 and the South Bend Central Development Area
Development Plan ( "Development Plan ") adopted by Resolution No. 737 on May 10, 1985, were
confirmed by Resolution No. 739 adopted on June 14, 1985; and
WHEREAS, Resolution No. 737 has been amended from time to time pursuant to the
provisions of the Act; and
WHEREAS, Section 43 of the Act permits the creation of an allocation area within a
redevelopment area to provide for the allocation and distribution, as provided by the Act, of the
proceeds of taxes levied on property situated in the allocation area; and
WHEREAS, the Commission, in accordance with the Act, has previously established the
South Bend Central Allocation Area (South Bend Allocation Area No. 1A) and the South Bend
Central Development Area (South Bend Allocation Area No. 1 A) Special Fund; and
WHEREAS, the Commission further adopted Resolution No. 1737 creating the Downtown
Medical Services District (the "Allocation Area ") within the South Bend Central Allocation Area
(South Bend Allocation Area No. IA) and establishing the Downtown Medical Services District
Special Fund (the "Allocation Fund "), for the purpose of depositing into such Allocation Fund tax
increment revenues allocated to the Commission and resulting solely from the increase in the
assessed value of real property and improvements thereon located in Allocation Area pursuant to
Indiana Code § 36- 7- 14- 39(b)(1) and from the proceeds from the sale or leasing of property in the
Area under Indiana Code § 36- 7- 14-22, all in accordance with Indiana Code § 36- 7- 14-26; and
WHEREAS, the Commission desires to pay certain expenses incurred by it or the City for
local public improvements that are in or serving the Allocation Area, including but not limited to
debt service and lease payment for said improvements, from funds remaining in the Allocation Fund,
in accordance Indiana Code § 36- 7- 14- 39(b)(2) and certain other expenditures incurred by the
Commission in accordance with Indiana Code § 36- 7- 14- 39(b)(2); and
WHEREAS, the expenditures incurred or anticipated to be incurred by the Commission
proposed to be paid with funds from Allocation Fund are described on the attached Exhibit A; and
WHEREAS, the proposed appropriations from Allocation Fund are not for the operating
expenses of the Commission; and
WHEREAS, such appropriations are subject to the provisions of Indiana Code § 6- 1.1 -18—
5; and
WHEREAS, the amount of funds in the Allocation Fund proposed to be expended for said
expenses incurred by the Commission is Three Million Six Hundred Thousand and 00 /100 Dollars
($3,600,000.00) and
WHEREAS, on September 27, 2012, the Commission adopted Resolution 3078 setting a
public hearing on said appropriations for 9:30 a.m. on October 25, 2012 and authorizing the
Secretary of the Commission to duly publish notice of said hearing; and
WHEREAS, the Secretary of the Commission has caused notice of said hearing on said
appropriations to be published in accordance with law; and
WHEREAS, such public hearing was held at the Commission's meeting at 9:30 a.m. on
October 25, 2012, at 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 as to such additional appropriations; and
WHEREAS, the Commission now desires to approve said appropriations in a total amount
of is Three Million Six Hundred Thousand and 00 /100 Dollars ($3,600,000.00);
NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT
COMMISSION AS FOLLOWS:
1. The Commission hereby finds that there are insufficient funds available or provided
for in the existing budget and tax levy which may be applied to such expenses and the expenditure of
such amount from Allocation Fund.
2. The funds from Allocation Fund in the amount of Three Million Six Hundred
Thousand and 00 /100 Dollars ($3,600,000.00) are hereby appropriated for the purpose ofpaying the
expenditures described at Exhibit A.
3. Such appropriations shall be in addition to all the appropriations provided for in the
existing budget and levy and shall continue in effect until the completion of the activities described
herein. Any surplus of such proceeds shall be credited to the proper fund as provided by law.
4. The President and /or the Secretary of the Commission are hereby authorized and
directed to certify a copy of this Resolution together with such other proceedings and actions as may
be necessary to the St. Joseph County Auditor for certification to the Indiana Department of Local
Government Finance for the purpose of obtaining its approval of the appropriations herein made.
ADOPTED at a regular meeting of the South Bend Redevelopment Commission held on
October 25, 2012 at 1308 County -City Building, 227 West Jefferson Boulevard, South Bend, Indiana
46601.
ATTEST: e.
Sig tare
Donald Alford, Sr., Secretary
Printed Name and Title
SOUTH BEND REDEVELOPMENT
COMMISSION
Signature
Marcia I. Jones, President
Printed Name and Title
EXHIBIT A
CENTRAL MEDICAL SERVICES DISTRICT - FUND 426
2013 BUDGET SUMMARY
2013
Appropriation
Debt Service:
Debt Service Reserve Increase
Debt Service Payments
Total Debt Service
Infrastructure Projects Underway, Not Completed
400 Block N. Michigan - Parking Lot Improvements 655,656
Skyway Bridge & Building Improvements 980,774
Total Infrastructure Underway, Not Completed 1,636,430
Other Activities:
Other Services 2,500
Total Other Activities 2,buu
Development Opportunity Reserve: 1,961,070
Infrastructure Planned:
(Could include the following projects)
Parking Lot & Streetscape Improvements
Skyway Upgrades - Bridge & Building
Total Infrastructure Planned
Total Appropriation 3,600,000