HomeMy WebLinkAboutNo. 2303 a supplemental appropriation resolution of the Commission (DMSD).~ ' ,
• RESOLUTION NO. 2303
SUPPLEMENTAL APPROPRIATION RESOLUTION
OF THE CITY OF SOUTH BEND REDEVELOPMENT COMMISSION
(DOWNTOWN MEDICAL SERVICES DISTRICT)
WHEREAS, the South Bend Redevelopment Commission (the "Commission"), has
heretofore on January 5, 2007, adopted Resolution No. 2292, the provisions of which Resolution
are hereby included herein by this reference thereto, determining to pay expenses incurred by the
Commission for local public improvements that are in or serving the Downtown Medical
Services District (DMSD Allocation Area) with property tax proceeds that have been paid into
the Downtown Medical Services District (DMSD Allocation Area) Special Fund (DMSD
Allocation Fund) pursuant to IC 36-7-14-39, such payment being authorized by IC
36-7-14-39(b)(2)(J); and
WHEREAS, the amount of funds in the Allocation Fund proposed to be expended for
said expenses incurred by the Commission is One Million One Hundred Thirty-one Thousand
Nine Hundred Fifty-three Dollars ($1,131,953); and
• WHEREAS, the Commission did not include said funds in any regular budget for the year
2007; and
WHEREAS, there are insufficient funds available or provided for in the existing budget
and tax levy which maybe applied to such expenses and the expenditure of such amount from
the Allocation Fund has been authorized by the Commission to procure the necessary funds and
an extraordinary emergency and necessity exists for the making of the additional appropriation
set out herein; and
WHEREAS, the Secretary of the Commission has caused notice of a hearing on said
appropriation to be published as required by law; and
WHEREAS, such public hearing was held on January, 19, 2007, at 10:00 a.m., E.S.T., at
1308 County-City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601, on said
appropriation at which all taxpayers and interested persons had an opportunity to appear and
express their views as to such additional appropriation.
NOW, THEREFORE, BE IT RESOLVED by the Commission that:
1. Funds from the Allocation Fund in the amount of One Million One Hundred Thirty-
one Thousand Nine Hundred Fifty-three Dollars ($1,131,953) be, and they are hereby,
appropriated by the Commission for the purpose of providing funds to be applied to pay the
• expenses incurred by the Commission for local public improvements that are in or serving the
Allocation Area as more fully described in Exhibit "A" hereto.
2. Such appropriation shall be in addition to all appropriations provided for in the
existing budget and levy and shall continue in effect until the completion of the activities
described in Section 1 above. Any surplus of such proceeds shall be credited to the proper fund
as provided by law.
3. The President and Secretary of the Commission be and they are hereby authorized and
directed to certify a copy of this Resolution together with such other proceedings and actions as
maybe necessary to the St. Joseph County Auditor for certification to the Indiana State Board of
Tax Commissioners for the purpose of obtaining the approval of said Board of the additional
appropriation herein made.
ADOPTED at a regular meeting of the South Bend Redevelopment Commission held on
January 19, 2007, at 1308 County-City Building, 227 West Jefferson Boulevard, South Bend,
Indiana 46601.
SOUTH BEND REDEVELOP MENT COMMISSION
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ATTEST:
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EXHIBIT A
SOUTH BEND CENTRAL MEDICAL DEVELOPMENT AREA -FUND 426
2007 BUDGET SUMMARY
2007
Appropriation
Debt Service:
Debt Service Reserve Increase 0
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 Opportunities:
Development Opportunity Reserve 0
Total Development Opportunities 0
Infrastructure Planned:
(Could include the following projects)
Bartlett Street Lighting
Bartlett Street Relocation
Total Infrastructure Planned 1,131,953
Total Appropriation 1,131,953
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