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RESOLUTION NO. 3235
A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION
APPROPRIATING TAX INCREMENT FINANCING REVENUES FROM
ALLOCATION AREA FUND FOR THE PAYMENT OF CERTAIN OBLIGATIONS
AND EXPENSES RELATED TO THE WEST WASHINGTION-CHAPIN
DEVELOPMENT AREA ALLOCATION AREA
WHEREAS, the South Bend Redevelopment Commission (the "Commission"), the
governing body of the City of South Bend Department of Redevelopment(the "Department"), on
October 23, 1987, adopted Resolution No. 818 declaring the West Washington-Chapin
Development Area in the City of South Bend, Indiana (the "City") to be an area needing
redevelopment within the meaning of the Redevelopment of Cities and Towns Act of 1953, as
amended, which is codified at, Indiana Code § 36-7-14-1 et seq(the"Act"); and
WHEREAS, Resolution No. 818 and the West Washington-Chapin Development Area
Development Plan(the"Development Plan")adopted by Resolution No. 818 on October 23, 1987
were confirmed by Resolution No. 824 adopted on December 11, 1987 (collectively, the
"Declaratory Resolution"); and
WHEREAS, the Declaratory Resolution created the West Washington Allocation Area
(South Bend Allocation Area No. 7) Special Fund ("Allocation Area Fund") for the purpose of
depositing into such fund tax increment revenues allocated to the Commission and resulting solely
from the increase in the assessed value of real property and improvements thereon located in
Allocation Area pursuant to Indiana Code § 36-7-14-39(b)(1) and from the proceeds from the
sale or leasing of property in the Area under Indiana Code § 36-7-14-22, all in accordance with
Indiana Code § 36-7-14-26; and
WHEREAS,the Commission desires to pay certain expenses incurred by it or the City for
local public improvements that are in or serving Allocation Area from funds remaining in the
Allocation Area Fund, in accordance Indiana Code § 36-7-14-39(b)(2) and certain other
expenditures incurred by the Commission in accordance with Indiana Code § 36-7-14-39(b)(2);
and
WHEREAS, the expenditures incurred or anticipated to be incurred by the Commission
proposed to be paid with funds from Allocation Area Fund are described on the attached Exhibit
A; and
WHEREAS, the proposed appropriations from Allocation Area Fund are not for the
operating expenses of the Commission; and
WHEREAS, such appropriations are subject to the provisions of Indiana Code § 6-1.1-
18-5; and
WHEREAS, on September 11, 2014, the Commission adopted Resolution 3232 setting a
public hearing on said appropriations for 9:30 a.m. on October 16, 2014 and authorizing the
Secretary of the Commission to duly publish notice of said hearing; and
WHEREAS, the Secretary of the Commission has caused notice of said hearing on said
appropriations to be published in accordance with law; and
WHEREAS, such public hearing was held at the Commission's meeting at 9:30 a.m. on
October 16 2014, at 1308 County-City Building, 227 West Jefferson Boulevard, South Bend,
Indiana 46601, at which all taxpayers and interested persons had an opportunity to appear and
express their views as to such additional appropriations; and
WHEREAS,the Commission now desires to approve said appropriations in a total amount
of Seven Hundred Twenty Two Thousand and 00/100 Dollars ($722,000.00);
NOW,THEREFORE,BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT
COMMISSION AS FOLLOWS:
1. The Commission hereby finds that there are insufficient funds available or provided
for in the existing budget and tax levy which may be applied to such expenses and the expenditure
of such amount from Allocation Area Fund.
2. The funds from Allocation Area Fund in the amount of Seven Hundred Twenty
Two Thousand and 00/100 Dollars ($722,000.00) are hereby appropriated for the purpose of
paying the expenditures described at Exhibit A.
3. Such appropriations shall be in addition to all the appropriations provided for in the
existing budget and levy and shall continue in effect until the completion of the activities described
herein. Any surplus of such proceeds shall be credited to the proper fund as provided by law.
4. The President and/or the Secretary of the Commission are hereby authorized and
directed to certify a copy of this Resolution together with such other proceedings and actions as
may be necessary to the St. Joseph County Auditor for certification to the Indiana Department of
Local Government Finance for the purpose of obtaining its approval of the appropriations herein
made.
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ADOPTED at a regular meeting of the South Bend Redevelopment Commission held on
October 16,2014 at 1308 County-City Building,227 W.Jefferson Boulevard,South Bend,Indiana
46601.
SOUTH BEND REDEVELOPMENT
COMMISSION
Signature
ATTEST' Printed Name and Title
Signature
Printed Name and Title
EXHIBIT A
WEST WASHINGTON DEVELOPMENT AREA-FUND 422
2015 BUDGET SUMMARY
2015
Appropriation
Debt Service:
Debt Service Payments 0
Total Debt Service 0
Infrastructure Projects Underway, Not Completed:
Total Infrastructure Underway, Not Completed 0
Other Activities:
Total Other Activities 0
Development Opportunity Reserve: 722,000
Infrastructure Planned:
(Could include the following projects)
Cemetery Improvements
Curb&Sidewalks
William Street Improvements
Total Infrastructure Planned 0
Total Appropriation 722,000