HomeMy WebLinkAboutCommon Council & Mayor of South Bend Expressing the City's Support to Project Future in 1997 Through 2001RESOLUTION
N0. 2354 -96
Passed by the Common Council of the City of South Bend. Indiana
Attest:
May 13, 19 96
Presented by me to the Mayor of the City of South Bend.
15, 19 96
Clerk
of Common Council.
City Clerk
Approved and signed by me �� 19y�_.
4-�• Mayor
RESOLUTION NO. O _ /
A RESOLUTION OF THE COMMON COUNCIL AND MAYOR OF
THE CITY OF SOUTH BEND, INDIANA, EXPRESSING THE CITY'S
SUPPORT TO PROJECT FUTURE IN 1997 THROUGH 2001
WHEREAS, the Common Council and Mayor of the City of South Bend, Indiana, acknowledge
that for the past fourteen (14) years Project Future has promoted South Bend, Mishawaka and St.
Joseph County for economic development purposes; and
WHEREAS, over this period of time, Project Future has assisted in numerous major economic
development projects in our community which have generated nearly $1.4 billion of investment and
directly created more than 4,800 newjobs (with over 30,000 total jobs ultimately being created in the
County); and
WHEREAS, Project Future plans to continue to conduct an area -wide economic development
program to attract businesses and expand our existing businesses; and
WHEREAS, Project Future has requested from the City of South Bend, the City of Mishawaka,
and St. Joseph County, respectively, five (5) year commitments to assist in the funding of its economic
development programs and its educational initiatives;
NOW, THEREFORE, BE IT RESOLVED by the Common Council and Mayor of the City of
South Bend, Indiana:
Section 1. The City of South Bend pledges its support to Project Future in jointly working
together to attract new businesses and jobs and revitalize existing businesses in our community.
Section 2. Project Future has requested a five (5) year commitment from the City of South
Bend for $100,000 in 1997, $100,000 in 1998, $100,000 in 1999, $100,000 in 2000, and $100,000
in 2001.
Section 3. The City of South Bend makes a $500,000 commitment to Project Future for 1997
through 2001, contingent upon the fiscal condition of the City in each of the designated years, and
subject to the annual budget review and approval process.`
ADOPTED by the Common Council and Mayor this / v�-tlay of 1996.
COMMON UNCIL
Roland Kelly, President
hn Broden
S-ean,Col an ,,_
:John osinski
Stephen Lue e
ATTEST:
orett uda, U y Cler<
PRESENTE9 -13 - 9 6
NOT APPROVIIIIII
ADOPTED
1
�Charlotte Pfeiffer
�
d Varner
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K/ 40 -
Joseph E. Kernan, Mayor