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HomeMy WebLinkAboutAppropriating $125,000.00 Provide Assistance Economic Development Activities in the Inner-Core AreaORDINANCE No. 7474 -85 Passed by the Common Council of the City of South Bend, Indiana June �9 85 Attest: City Clerk IRENE K. GAMMON Attest: of Common Council Presented by me to the Mayor of the City of South Bend, Indiana Approved and signed by me June 11, 19 85 q"` A— City Clerk IRENE K. GAMMON i g .S ORDINANCE NO. -7 LJ `7 q 25 AN ORDINANCE APPROPRIATING $125,00.00 FROM THE GENERAL FUND OF THE CITY OF SOUTH BEND, INDIANA TO PROVIDE ASSISTANCE IN CONNECTION WITH CERTAIN ECONOMIC DEVELOPMENT ACTIVITIES IN THE INNER -CORE AREA OF THE CITY OF SOUTH BEND, INDIANA. STATEMENT OF PURPOSE AND INTENT: WHEREAS, the City of South Bend, Indiana in creative and affirmative partnership with its residents, private enterprise and the Federal Government, is committed to the goal of expanding economic opportunities for all its residents. To further this goal, the City of South Bend funds a variety of economic development activities. The assistance provided through these funding efforts will enable the City of South Bend to pursue those economic development activities in a more efficient and effective manner, and WHEREAS, the City can now estimate its miscellaneous revenues to be higher than originally estimated for the activities of the general fund. NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA: SECTION I. The sum of $125,000.00 is hereby appropriated for the year 1985 from the General Fund of the City of South Bend, Indiana. This appropriation is to be administered by the Department of Administration and Finance. ACCOUNT 399.0 AMOUNT $125,000.00 SECTION II. This Ordinance shall be in full force and effect from and after its passage by the Common Council and approval by the Mayor. Tommit#rr I rpor# (To #lit (common MonnrU of t4r Tq of *otd4 jornD: Your Committee of the Whole to whom was referred R T T.T. Mr) 58 -85 A BILL APPROPRIATING $125,000.00 FROM THE GENERAL FUND OF THE CITY OF SOUTH BEND, INDIANA TO PROVIDE TECHNICAL ASSISTANCE IN CONNECTION WITH CERTAIN ECONOMIC DEVELOPMENT ACTIVITIES IN THE INNER CORE AND OTHER AREAS OF THE CITY OF SOUTH BEND, INDIANA. Respectfully report that they have examined the matter and that in their opinion This bill should be recommended to the Council favorable Chairman Joseph T. Serge FREE PRESS PUBLISHING CO. Irene K. Gammon, C.M.0 City Clerk Chief Deputy Clerk Jo Ann Harper CITY of SOUTH BEND OFFICE OF THE CITY CLERK 445 COUNTY -CITY BUILDING SOUTH BEND, INDIANA 46601 Area 219 284.9221 June 5, 1985 Common Council City of South Bend County -City Building South Bend, IN 46601 Dear Council Members: Re: Bill No. 57 and 58 -85 The captioned bills were not advertised as additional appropriations at the last meeting. They have been properly advertised for June 10. Since we had a presentation for these bills at the May 28 meeting, all that is necessary at this meeting is the formality of a public hearing and second reading. Sincerely, 4--_ Irene K. Gammon, C.M.C. City Clerk