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HomeMy WebLinkAboutAppropriating $1,000,000.00 to be Applied on the cost of Construction, Reconstruction and Improvement of Streets, and Expenses IncurredORDINANCE No. 3992 (AS AD DED) Passed by the Common Council of the City of South Bend, 19.A— Presented by me to the Mayor of the City of South Bend, AUGUST 10TH, 19fi4 14 Clerk of Common Council Approved and signed by me AIIGUSS 10TH, 19354 -42107 Clerk 1 X¢ vFaDINANCE NO, r7 k An Ordinance of the City of 6outh bend, Indiana, % appropriating the sum of One Million Dollars ($1,000,000.00) to be applied on the cost of construction, reconstruction and improvement of streets, and expenses incurred in connection therewith. WHEREAS, The Board of Public Works 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, reconstruction 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 WHE ZAS, the Board of Public Works 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 Comptroller, 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 XHEREAS, the Council now finds that the construction, reconstruc- tion 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 avail -- able or provided for in the existing budget and tax levy which may be applied on said project, 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; (As Amended) 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 Common Council, designated as "City of South Bend, Municipal Bonds of 1954," for the use of the Board of Public Works in paying the cost of construction, reconstruction and improvement of streets, the program to include these minimums: 1. The re- surfacing and improvement of Olive Street from Lincolnway West to Sample. 2. The re- surfacing of Miami Street from Ridgedale to Ireland Road. 3. The re-surfacing of Jefferson Street from 26th to Logan. 4. The resurfacing of portions of Portage Avenue. 5. The resurfacing of portions of Mishawaka Avenue. 6. Theresurfacing and improvement of Eddy Street. 7. The resurfacing of Sample Street from Grant Street to Olive Street. 8. The engineering estimates on the widening and resurfacing of La PorteAvenue. and the incidental expenses necessary to be incurred in connection with said project, including the issuance of bonds on account thereof. now therefore, BE IT OADAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH LEND, 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 Common Council, designated as "City of South Bend, Municipal Bonds of 1954," for the use of the Board of Public Works in paying the cost of construction, reconstruction and improve- ment of streets,land the incidental expenses necessary to be in curred in connection with said project, including the issuance of bonds on account thereof. Sec. 2. This ordinance shall be in full force and effect from and after its passage and signing by the Mayor. Passed and adopted by the Common Council of the City of South Bend on the May of ,� 1954. Presiding officer AST: % ✓ _ City ler Presented by me to the Mayor of the City of South Lend on the /0 day of 1954, at the hour of All " o'clock 1.1 . A- ' ity Clerk This ordinance approved and signed by me on the 40 day of "�7 1954, at the hour of /O: a'e o'clock 6-1. M. iA & 2nd REANN 7 /a -.S`X CWTT_FE OF THE WWU PUK19 HK#AW dl'- 7--(s-4111� 3ni READMI NOT A*PWVED REFERRED PASSE! - O