Loading...
HomeMy WebLinkAboutNo. 2330 setting a public hearing on the appropriation of monies from the General Fund (Fund 433) for the purpose of paying for certain expenses incurred by the Redev Comm• ~" RESOLUTION NO. 2330 • A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION SETTING A PUBLIC HEARING ON THE APPROPRIATION OF MONIES FROM THE REDEVELOPMENT GENERAL FUND (FUND 433) FOR THE PURPOSE OF PAYING FOR CERTAIN EXPENSES INCURRED BY THE REDEVELOPMENT COMMISSION WHEREAS, the Redevelopment General Fund-Fund 433 (the "General Fund") was established for the purpose of holding, among other things, certain miscellaneous revenue proceeds (the "Proceeds") received by the South Bend Redevelopment Commission (the "Commission") and WHEREAS, the Commission desires to engage outside legal counsel to assist the Commission in its redevelopment efforts (the "Services"); and WHEREAS, there are insufficient funds available or provided for in the existing budget and tax levy which maybe applied to payment for the Services; and WHEREAS, the Commission desires to pay certain expenses incurred by it out of the Proceeds; and WHEREAS, such appropriations are subject to the provisions of Indiana Code § 61.1-18-5; and WHEREAS, the Commission desires to set a public hearing on the proposed additional appropriation for May 18, 2007 at 10:00 a.m. in Room 1308 County-City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601 and to authorize the Secretary of the Commission to duly publish notice of said hearing in accordance with Indiana Code § 6-1.1-18-5 and Indiana Code § 5-3-1-2(b); 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 maybe applied to the payment of the Services. 2. The Commission hereby approves the use of funds in the General Fund in an amount not to exceed Forty Thousand and 00/100 Dollars ($40,000.00) for purposes of paying the Services and desires to appropriate the said fiords for said purpose. 3. The Secretary of the Commission is hereby authorized and directed to take all necessary steps to obtain the approval of the expenditure of such funds and to appropriate such funds pursuant to Indiana Code ~ 6-1.1-18.5, including publication in accordance with Indiana Code §5-3-1 of notice of a hearing on the appropriation of such funds to be held at 10:00 a.m., Friday, May 18, 2007, at Room 1308 County-City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601. ,~ ~~ . ADOPTED at a meeting of the South Bend Redevelopment Commission held on April 20, 2007 at 1308 County-City Building, 227 W. Jefferson Boulevard, South Bend, Indiana 46601. SOUTH BEND REDEVELOPMENT COMMISSION ATTEST: ~gn re CrP~or~. S Downes, Secretary Printed Name and 'Tide • Signature / Marcia I Jones, President Printed Nmne and Title •