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HomeMy WebLinkAboutAppropriating the Sum of $1,000,000.00 Cost of Construction, Reconstruction and Improvement of StreetsI ORDINANCE No. 4166 Passed by the Common Council of the City of South Bend, Indiana i67-- Presented by me to the Mayor of the City of South Bend, Indian J Mav 28 Clerk of Common Council Approved and signed by me Mat' 28 Iq7 Clerk -OM07 ORDINANCE NO, 1166 AN ORDINANCE OF THE CITY OF SOUTH BEND* INDIANA, APPROPRIATING THE SUM OF ONE MILLION DOLLARS ($1, 000, 000, 00) TO BE APPLIED TO THE COST OF CON - STRUCTION,: RE- CONSTRUCTION AND IMPROVEME NT 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 safety and 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 purposes, 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, re- construction and improvement of streets is immediately nec- essary 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 issuance of bonds of the city in order to procure such funds, and that an extraordinary emergency exists for the making of the additional appropriation hereinafter set out; Novo, 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 tor be issued by the Common Council designated as "City of South Bend, Municipal Bonds of 1957 ", for the use of the Board of Public forks and Safety in paying the cost of construction, re- construction and improvement of streets, the program to include these minimums: 1. 'widening and re- surfacing Sample Street from Lafayette Street East to Lincoln Stay East. 2. Re- constructing Mishawaka Avenue from Louise Street to Beyer Avenue. 3. Widening and re- constructing South Olive Street from Sample Street South to Prairie Avenue. 4. Re- surfacing Sample Street from Olive Street West to Kenmore Street, Section 2. This ordinance shall be in full force and effect from and after its passage and signing by the Mayor. 2�� Member of the Co coon Council Passed and adopted by the Common Council of the City of South Bend on the day of June, 1957. Presiding Officer Attest: Freda G. Noble, City Clerk Presented by me to the Mayor of the City of South Bend on the day of June, 1957, at the hour of O'clock M. Freda G. Noble, City Clerk This ordinance approved and signed by me on the day of June, 1957, at the hour of o'clock _ M. FREDA 0. NOBLE CITY CLERK Id & 2nd READING 5�%3 COMMITTEE OF THE Wft PUBLIC HEARING�J / 3rd REARM qa7 /, NOT A "WVEO REFERRED PASSED q-17' S7 Edward F. Voorde, Mayor rc..... _ FREDA D; N08LL CITY CLERK FGAY FREDA GI NOBLE CITY CLERK A LEGAL D" "NT