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HomeMy WebLinkAboutAppropriating $25,000 in the COIT Fund #404 to provide additional funding for commercial Corridor Program in South Bend,, ORDINANCE No. 9346-02 Passed by the Common Council of the Ciry of South Bend, Indiana August 26, Attest: Attest ' ~~~'~•-vf" 20 02 Presented by me to the Mayor of the City of South Bend, Indiana August 27 20 02 Ciry Clerk President of Common Council Ciry Clerk Approved and signed by me August 28, 20 02 ~~~r;~= Mayor Deputy Mayor/Acting Executive ORDINANCE N0. ` ~ -1 ~ ~~ AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA APPROPRIATING $25,000 WITHIN THE COUNTY OPTION INCOME TAX FUND (FUND 404) FOR THE PURPOSE OF PROVIDING ADDITIONAL FUNDING FOR THE COMMERCIAL CORRIDOR PROGRAM WITHIN THE CITY OF SOUTH BEND Statement of Purpose and Intent: In order to assure the efficient and timely utilization of County Option Income Tax Funds and to further the implementation of the commercial corridor program within the City, certain appropriations are necessary. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The sum of $25,000 is hereby appropriated within Fund 404 for the calendar year 2002. 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. Member of the Common Cou cil 02_ 1st READING g' ~~'~ PUBLIC HEARING ~-Leo-~Z 3rd READING ~ _Z~,- O'2.. NOT APPROVED REFERRED Fire ~~ Cl~rir°~ office AUK 0 5 2002 LOt3~'T7'AJ. D8dD4 CITYCLEFtiS~ fI0.13i=tdE1, itl. PASSED g -Z~ 02 -- COMMITTEE REPORT TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 60-02 A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA APPROPRIATING $25,000 WITHIN THE COUNTY OPTION INCOME TAX FUND (FUND 404) FOR THE PURPOSE OF PROVIDING ADDITIONAL FUNDING FOR THE COMMERCIAL CORRIDOR PROGRAM WITHIN THE CITY OF SOUTH BEND Respectfully report that they have examined the matter and that in their opinion, this bill is being recommended to the full Council with a favorable recommendation. Karl King Chairman t 1200 C.oUNTY-CITY BUILDING SOUTH BEND, INDIANA 46601-1830 PHONE 574/ 235-9371 FAx 574/235-9021 TDD 574/ 235-5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY H~L ECONOMIC DEVELOPMENT joN R. HUNT EXECUTIVE DIRECTOR August 5, 2002 South Bend Common Council Fourth Floor Council Chambers 400 County-City Building South Bend, IN 46601 Dear Council Member: The attached bill for your consideration and approval will appropriate $25,000 of County Option Income Tax funds for use in the Commercial Corridor program on Lincolnway West. The LWW corridor program has been successful in generating this $25,000 in income and wishes to use the income for additional Commercial Corridor activities. Pam Meyer will make presentation to the Council at your August 26t'' meeting. If you have any questions, please call her at 235-5845. Sincerely, \ ~, lizabe h Leonard Director Financial Ft Program Management cc: Pam Meyer Tom Skarbek Find in ~i~r~'~ ~ffi~~ ~U~ 0 ~ 2002 LO€1dTTild. ~LP)r. crrv CiLErt~ S0. ~~eu~e Ii I. COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL SC PROGRAM PAMELA C. MEYER DONALD E. INKS MANAGEMENT 574/235-9660 574/235-9371 ELIZABETH LEONARD FAx: 574/235-9697 574/235-9371