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HomeMy WebLinkAboutAppropriating the sum of $1,000,000.00 Applied to Construction, Reconstruction and Improvement of StreetsORDINANCE No. 4305 - - -60 Passed by the Common Council of the City of South Bend, Presented by me to the Mayor of the City of South Bend, MARCH 15. �93c60 Clerk of Common Council Approved and signed by me MARCH 15, xg f 60 Clerk 7 3Cb ORDINANCE NO. v AN ORDINANCE OF THE CITY OF SOUTH BEND, F I L = INDIANA APPROPRIATING THE SUM OF ONE MILLION HiLD of sc8U, :;° DOLLARS ($1, 000, 000, 00) TO BE APPLIED, TO THE _u`�_._ �z`° dOST OF CONSTRUCTION, RE- CONSTRUCTION AND IMPROVEMENT OF STREETS, AND. EXPENSES INCURRED IN CONNECTION THEREWITH. WHEREAS., the Board of Public Works and Safety of the City of South Bend has found that many streets in said city have deteriorated and have become defective to a serious extent; that an emergency exists for the immediate construction, re- construction and improvement of such streets, and that said project is necessary in order to protect the well -being of the citizens of said city, and will be of general benefit to the entire city; and WHEREAS, the Board of Public Works and Safety has determined that the estimated cost of said project, and the incidental expenses necessary to be incurred in connection therewith, including the issuance of bonds, will be in the approximate amount of One Million Dollars ($1, 000, 000. 00), and has filed a request for an appropriation in said amount for said purpose, which request has been approved by the City Controller, with the recommendation that the funds necessary to cover such appropriation be obtained by the issuance and sale of general obligation bonds of the city; and WHEREAS, the Council now finds that the construction, rerconstruction and improvement of streets is immediately necessary and will be of general benefit to the city and its citizens; and WHEREAS, the Council now finds that the city has no funds available or provided for in the existing budget and tax levy which may be applied to said projects, making it necessary to authorize the is.s.uance of bonds of the city in order to procure such funds, that an extraordinary emergency exists for the making of the additional appropriation hereinafter set out; Now, Therefore BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA: Section 1. That the sum of One Million Dollars ('$1, 000, 000. 00) be appropriated out of the proceeds of the bonds. heretofore authorized to be issued by the Commom Council designated as "City of South Bend, Municipal Bonds of 1960 ", for the use of the Board of Public Works and Safety in paying the cost of construction, re- construction and im- provement of streets, the program to include these minimums: Name of Project From Limit of Project To Sample Street Lincoln Way East Michigan Street Sample Street Michigan Street Lafayette Blvd. Sample Street Kenmore Kentucky East half of Riverside Drive Cleveland Road Darden Road Ewing Avenue Scott Gertrude Corby Street Ironwood McKinley Terrace Maple Road Lincoln Way West North to CityLimits Sheridan Street Lincoln Way West North to City Limits Linden Avenue Walnut Jackson Wilbur Lincoln Way West Elwood Section 2. This ordinance shall be in full force and effect from and after its passage and signing by the Mayor. Mem er of the Common Council Passed and adopted by the Common Council of the City of South Bend on the day of 1960. Attest: Presiding Officer Freda G. Noble, City Clerk r Presented by me to the Mayor of the City of South Bend on the day of F /� G , 1960, at the hour of / o'c lock �M. Freda G. Noble, City Clerk This ordinance approved and signed by me on the 412��ay of �. 1960, at the hour of d , .%J o'ctock�' M. ist'tt 2nd RFAB!n ✓XIA 314 u CGit3t.! Es nF THE WHOLE 311NI4o 3H ;'I 3IILi IUO No A: Pt:'.''VF6 REF &:.IEO FA'SLD Edward F. Voorde, Mayor FEB 9 r '60 ' ar cr° :. sou d BEND