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20-25 Creation of Fund 457
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20-25 Creation of Fund 457
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3/19/2025 11:19:56 AM
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4/1/2025 12:24:53 PM
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City Council - City Clerk
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County City Building Phone 311 inside City limits <br /> 227 W Jefferson Blvd Suite,1200 N '' ca0'z0UTH <br /> .$�, Email 311@southbendin.gov <br /> South Bend,IN 46601 CSC \� Webs ite Southbendin.gov <br /> James Mueller,Mayor �,�' <br /> !' i <br /> Va <br /> PEACE/ Filed in Clerk's Office <br /> • x 1865 x wrj{'y`� 1 W <br /> Bianca Tirado <br /> City of South Bend City Clerk, South Bend, IN <br /> Department ofAdm inistration &Finance <br /> Division ofHuman Resources <br /> March 19th,2025 <br /> Canneth Lee,President <br /> City of South Bend Common Council <br /> 227 W.Jefferson Boulevard,4th Floor <br /> South Bend, Indiana 46601 <br /> RE:Creation of Fund 457 Ordinance <br /> Dear President Lee, <br /> During the past several years, it has been the practice of the Controller's Office to have the <br /> Common-Council approve the creation of a new fund as required by our internal policies. Fund <br /> 457 is being created for the purpose of receiving and disbursing the bond proceeds of the 2024 <br /> South Bend Redevelopment Authority Lease Rental Revenue Bonds,Series B that were issued to <br /> fund the Madison Lifestyle District project. <br /> I will present this bill to the Common Council at the appropriate committee and Council meetings. <br /> It is requested that this bill be filed for 1st reading on March 24th,2025,with 2nd reading,public <br /> hearing and 3rd reading scheduled for April 14th,2025. <br /> Thank you for your attention to this request. If you should have any questions,please feel to contact <br /> me at 574-235-9822. <br /> Regards, <br /> Kyle Willis <br /> City Controller <br />
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