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HomeMy WebLinkAboutEstablishing Century Center Construction Fund Appropriating $616,000.00 from the Civic CenterORDINANCE No. 5760 -74 Passed by the Common Council of the City of South Bend, OCTOBER 28 Ig 74 IRENE K. GAMMON Presented by me to the Mayor of the City of South Bend, OCTOBER 29, 19 74 Clerk Of Common Council (° "- City Clerk IRENE K. GAMMON Approved and signed by me t 7 !2 a% 19& ORDINANCE NO. S'7 &O -') y AN ORDINANCE ESTABLISHING THE CENTURY CENTER CONSTRUCTION FUND AND APPROPRIATING TO THIS FUND $616,000.00 FROM THE CIVIC CENTER DEVELOP- MENT FUND, BOTH FUNDS BEING WITHIN THE FUNDS OF THE CIVIL CITY OF SOUTH BEND, INDIANA. WHEREAS, the Civic Center Development Fund of the Civil City of South Bend, Indiana was established by Ordinance in order to receipt donations made for the purposes of building a convention, arts and cultural facility, and WHEREAS, the expenditures of these donations and other receipts require the establishment of a special operations fund for the purposes of constructing this facility; NOW, THEREFORE BE IT ORDAINED by the Common Council of the City of South Bend, Indiana: SECTION I. That there be, and hereby is established a new fund of the Civil City of South Bend, to be known as the Century Center Construction Fund. SECTION II. That the sum of $616,000.00 be, and hereby is appropriated from the Civic Center Development Fund to the Century Center Construction Fund. SECTION III. That all future monies, other than donations, gifts and bequests, given for the construction of the Century Center be receipted to the Century Center Construction Fund in order to be appropriated for such construction. SECTION IV. This Ordinance shall be in full force and effect from and after its adoption by the Common Council, its approval by the Mayor, and the fulfillment of all statutory requirements. Member of th C mmon Council FILED IN CLERK'S OFFICE ist READING /o - / 44 -'? 1L OCT 9 1974 PUBLIC HEARING / d - P -� q 2nd READING o _ 8 _ Y Irene Gammon NOT APPROVED REFERRED CITY CLERK, SOUTH BEND, IND. PASSED 10 -0 3--) Y (gDUt11tii1Ce Irport 010 Me Tommu (geunrtl of thr Oty of Ovut4 10end: Your Committee of the Whole to whom was referred AN ORDINANCE ESTABLISHING THE CENTER CONSTRUCTION FUND AND TO THIS FUND $616,000.00 FROM CENTER DEVELOPMENT FUND, BOTH BEING WITHIN THE FUNDS OF THE CITY OF SOUTH BEND, INDIANA. CENTURY %PPROPRIATING THE CIVIC FUNDS CIVIL Respectfully report that they have examined the matter and that in their opinion the Ordinance should be recommended favorably to the Common Council. Odell Newburn Chairman Fq![ FgEO! .......... CO. CITY OF SOUTH BEND South Bend, Indiana 46601 Jerry J. Miller Mayor Rollin E. Farrand, Sr., P. E. Director, Public Works Members of the Common Council County /City Building South Bend, IN 46601 Gentlemen: Reply To: Department of Public Works October 9, 1974 I respectfully submit for your consideration the following ordinances: An Ordinance Establishing the Century Center Con- struction Fund and Appropriating $616,000.00 from the Development Fund. It is necessary to establish a new fund for the construction of the Century Center since the existing fund is a trust fund only, and disbursements were not meant to be made from it. The $616,000 being appropriated is actually a transfer of current receipts and monies to be received by December 31, 1974, to the Con- struction Fund. The following ordinance is the actual appropriation ordinance for construction. 2. An Ordinance Appropriating $1,100,000.00 from the Century Center Construction Fund to Phase I Con- struction, Account 710.0. As you will note, this money is required for the first four contracts of construction to be let yet this year. The source of the funds will be a combination of gifts and donations and EDA Funds, in addition to the $616,000 transferred by the above ordinance. 3. An Ordinance Appropriating $201,925 from Revenue Sharing to F.A. Program 45 "Civic Center Authority" Members of the Common Council Page 2 October 9, 1974 Of the amount requested, $32,945 were funds originally appropriated in 1973 but inadvertantly left off the re- appropriation ordinance passed earlier this year. These particular amounts are not actually "new" or additional funds. The remaining $168,000 is required for architectural fees for Johnson - Burgee, Sollitt Construction Company management fees and an additive for the demolition of the power house. The power house demolition was originally budgeted at $10,000, but the contract was for $40,000, of which $10,000 is still outstanding; the difference of $20,000 was paid for by the existing Other Contractuals Account in F.A. 45. Also paid for out of the existing Other Contractuals Account were Sollitt's fees. As a net result, the above payments, coupled with the original under - budgeting of Johnson - Burgee fees, a shortage in Other Contractuals Account has occurred. Even though the breakdown in the ordinance shows $120,000 for architec- tural fees, this does not mean an increase in the original estimate for these fees. I am at your convenience to discuss this with you in further detail. Very truly yours, Rollin E. Farrand, P. E. Contract Administrator Century Center Project REF:amc Attachments