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HomeMy WebLinkAboutApproprating $500,000 From the city of South Bend General Fund for the College Football Hall of Fame operating fund ORDINANCE No. 8,669, Passed by the Common Council of the City of South Bend, Indiana March 10, 97 19 Attest: Attest: Presented by me to the Mayor of the City of South Bend, Indiana March 11, Ciry Clerk President of Common Council 19 97 Ciry Clerk Approved and signed by me March I1, l9 97 Mayor ORDINANCE N0. g7101O~~ AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF' SOUTH BEND, INDIANA, APPROPRIATING $500,000 FROM THE CITY OF SOUTH BEND GENERAL FUND TO THE COLLEGE FOOTBALL HALL OF FAME OPERATING FUND STATEMENT OF PURPOSE AND INTENT The Common Council of the City of South Bend, Indiana, has determined that it is in the best interest of the City of South Bend that it appropriate the sum of $500,000 from the City of South Bend General Fund to the College Football Hall of Fame Operating Fund in order to fund activities to market and promote the College Football Hall of Fame. On August 26, 1996, under Ordinance No. 8711-96, a similar sum of $500,000 was appropriated as part of a capital infusion plan to help ensure the long-term success of the Hall. In addition, the National Football Foundation and College Football Hall of Fame, Inc., has also contributed $500,000 and will also deliver a similar amount in 1997 towards this common plan. It is contemplated that over time this appropriation from the City General Fund will be replenished from excess revenues of the College Football Hall of Fame. NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AS FOLLOWS: SECTION I. The following sum is hereby appropriated and ordered set apart from and within the indicated funds of the City of South Bend: ACCOUNT N0. DESCRIPTION AMOUNT 101.0401.415.50.02 General Fund $500,000 SECTION II. This ordinance shall be in full force and effect from and after its passage by the Common Council and approval by the Mayor. ~~ Member, South Bend C mmon Council 1st FEADING ~'~ FULIC HE~,RIN -~ -~ f:Oi ,~.°?ROVED F;='~ .RED Fiied in ~i~~~a'~ ~~~i~~ FED 1 ~~ i997 ICR::'iTsZ J. DUDA CITY CLERrt, .`sU. E~Fl9, tV. City of South Bend Joseph E. Kernan, Mayor Re: An Ordinance of the Common Council of the City of South Bend, Indiana, Appropriating $500,000 From the City of South Bend General Fund to the College Football Hall of Fame Operating Fund Richard A. Nussbaum, II Jenny Pitts Manier City Attorney Chief Assistant City Attorney February 17, 1997 Mr. Roland Kelly, President South Bend Common Council 4th Floor, County-City Building South Bend, IN 46601 Dear President Kelly: The enclosed appropriation is being submitted as part of the Capital Infusion Plan that was begun last August in order to ensure the long-term success of the College Football Hall of Fame. As you may recall, Ordinance No. 8711-96 that was passed on August 26, 1996, appropriated $500,000 to the Hall to help fund activities to market and promote the College Football Hall of Fame. That appropriation was matched by a similar contribution by the National Football Foundation. Along with the 1997 appropriation that is contemplated by the attached Ordinance, the National Football Foundation will also be making another $500,000 investment. The College Football Hall of Fame is, and will continue to be, a unique and valuable asset for the City of South Bend and its citizens. This appropriation will help to lay the foundation for its financial success. We would be pleased to answer any questions that you or any members of the Council may have and look forward to your action on this appropriation. RAN/jl FEB 1 ~ ~9~7 CITY CLE~,i;, ~K:.. ~.:;~-+: ";, .. Department of Law ro4.~.,,..., ,.,~.,...._.i~ Sincerely, ~~< ~ V /V l~U~'Z-S i Richard A. Nussbaum, II City Attorney 1400 County-City Building • South Bend, Indiana 46601 •219/235-9241 • TDD 219/235-5567 Thomas L. Bodnar Jeffrey M. Jankowski Anne E. Bruneel Robert C. Rosenfeld Aladean M. DeRose Ann-Carol Simons COMMITTEE REPORT TO THE COMMON COUNCIL OF THE CITY OFSOUTHBEND: Your Committee to whom was referred BILL NO. 14-97 A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROPRIATING $500,000 FROM THE CITY OF SOUTH BEND GENERAL FUND TO THE COLLEGE FOOTBALL HALL OF FAME OPERATING FUND Respectfully report that tl:ey have examined the matter and that in their opinion, this bill has been recommend to the Council favorably. Sean Coleman Chairman