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HomeMy WebLinkAboutAppropriating the Fixed sum of $150,000 Plus up to an Addtional $125,000 from Economic Development Income Tax with the Potawatomi Zoological SocietyORDINANCE No. J0289-14 Passed by the Common Council of the City of South Bend, Indiana Attest: JOHN Attest: Presented by me to the Mayor February W 20 14 City of South Bend, Indiana February 11, 20 14 City Clerk President of Common Council JOHN VOORDE Approved and signed by me F G 6 - qAI `y 20 L City Clerk Mayer ORDINANCE NO. MM— ( y AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROPRIATING THE FIXED SUM OF $150,000.00 PLUS UP TO AN ADDITIONAL $125,000.00 FROM ECONOMIC DEVELOPMENT INCOME TAX (EDIT) FUND #408 FORCAPITAL OBLIGATIONS PURSUANT TO AGREEMENT WITH THE POTAWATOMI ZOOLOGICAL SOCIETY STATEMENT OF PURPOSE AND INTENT The City of South Bend through its Board of Park Commissioners entered into a Lease and Management Agreement (the Agreement) with the Potawatomi Zoological Society (PZS), effective January 1, 2014, by which the City granted to PZS all rights to manage and operate the Potawatomi Zoo for a period of five years. Among the obligations of the City of South Bend pursuant to the Agreement at Section 6.4 is to pay to PZS in calendar year 2014 the fixed, initial sum of One Hundred Fifty Thousand Dollars ($150,000) for capital improvements to the Potawatomi Zoo Premises. Additionally, at Section 6.5 of the Agreement, the City has agreed to share with PZS the cost to resurface and/or strip the existing parking lot and create an additional parking area in 2014 for the benefit of Zoo visitors as well as Potawatomi Park visitors. The net City share of the cost is Seventy Five Thousand Dollars ($75,000. Because the City's financial obligation to the PZS under the Agreement was unknown when the City's 2014 Budget was approved, it is necessary at this time to appropriate the necessary capital funds for payment to PZS, and for parking lot improvement costs in 2014 per the terms of the Agreement. This ordinance accomplishes that purpose. NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA as follows: SECTION I. The sum of One Hundred Fifty Thousand Dollars ($150,000) be and hereby is appropriated from and set aside within Economic Development Income Tax (EDIT) Fund 4408 for the purpose of payment to the Potawatomi Zoological Society (PZS) in calendar year 2014 for capital improvements to the Potawatomi Zoo premises pursuant to the terms and obligations of the Board of Park Commissioners' Lease and Management Agreement (the Agreement) with PZS. SECTION II. The additional sum of up to One Hundred Twenty Five Thousand Dollars ($125,000) be and hereby is appropriated from and set aside within Economic Development Income Tax (EDIT) Fund #408 for the purpose of improvements to and new surface of the parking lot in Potawatomi Park pursuant to the terms of the Agreement with PZS. The City shall pay all costs and expenses to complete the parking lot improvements and then shall seek reimbursement from PZS for its share of costs not to exceed Fifty Thousand Dollars ($50,000). SECTION III. This Ordinance shall be in full force and effect from and after its passage by the Common Council and approval by the May( Attest: q4J�_ ',z City Clerk _ Presented by me to the Mayor of the City of South Bend, Indiana on the (" l`kday of 2014, at 'clock �^ m. pp pp AMti ( G adil City Cl�k L Approved and signed by me on the 13 day of Ff 6000 `/2014, at S o'clock P m. Mayor, City Soy! Bend 1-, READING (—(3-(V PUBLIC HEARNG Z —lO-dy 3 rd REAMNG 2--U) t NOT APPROVED REFERRED PASSED lled in Clerk's Office; dQ? ik�1 vrj0RDIE CITY CLERi , SOUTH SEND, IIN � 120ON COUNTY -CITY BUILDING 227 W. JEFFERSON BLVD. SOUTH BEND, INDIANA 46601 -1830 PHONE 574.235.9216 FAx 574.235.9928 CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR DEPARTMENT OF ADMINISTRATION AND FINANCE January 8, 2014 Mr. Oliver J. Davis, President City of South Bend Common Council 227 W. Jefferson Boulevard, 4h South Bend, Indiana 46601 RE: 2014 Potawatomi Zoo Appropriation Ordinance Dear President Davis, The City of South through its Board of Parks Commissioners entered into a Lease and Management Agreement with the Potawatomi Zoological Society (PZS) effective January 1, 2014. Among the requirements in the agreement is that the City has agreed to make a one -time initial capital contribution of $150,000 to the PZS. In addition, the City has agreed to make parking lot improvements in an amount not -to- exceed $125,000, with $50,000 reimbursed to the City by the PZS Mark Neal and I will present this bill to the Common Council at the appropriate committee and council meetings. It is requested that this bill be filed for I" reading on January 13, 2014 with 2nd reading, public hearing and 3`d reading scheduled for January 27, 2014. Thank you for your attention to this request. If you should have any questions, please feel to contact me at 574- 235 -7678. Regards, J46 H. Murphy rphy City Controller CC: Mayor Pete Buttigieg Kathryn Roos, Chief of Staff Mark W. Neal Christal Brisco, Corporation Counsel Piled in C1ei*'e 0fflc,.:- f 71- V:Lrl jc ",n. v00RDF CITY CLY :.. iG TH BEND, IN Ft4l3f,i4 TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 01 -14 A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROPRIATING THE FIXED SUM OF $150,000.00 PLUS UP TO AN ADDITIONAL $125,000.00 FROM ECONOMIC DEVELOPMENT INCOME TAX (EDIT) FUND #408 FOR CAPITAL OBLIGATIONS PURSUANT TO AGREEMENT WITH THE POTAWATOMI ZOOLOGICAL SOCIETY 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. This bill was heard by the PARCS Committee. Valerie Schey Chairperson, Committee of the Whole