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02-28-11 Council Agenda & Packet
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02-28-11 Council Agenda & Packet
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o�sa1VT <br /> ,f <br /> CE. <br /> 1865 <br /> CITY OF SOUTH BEND STEPHEN J.LUECKE,MAYOR <br /> DEPARTMENT OF ADMINISTRATION & FINANCE <br /> GREGG D.ZIENTARA <br /> CONTROLLER <br /> February 23, 2011 ' a,m 00— <br /> Mr. Derek Dieter <br /> President, South Bend Common Council <br /> Ott'Floor, County-City Building <br /> South Bend, IN 46601 <br /> re: Appropriation of Common Council for State of Indiana Grant Monies for the Construction of the <br /> Kroc Center in the City of South Bend <br /> Dear President Dieter: <br /> On June 28, 2010, the Common Council adopted Ordinance 10016-10, appropriating $2,000,000 in State <br /> of Indiana Grant pass through funds for the operating endowment for the Ray and Joan Kroc Center to be <br /> constructed at Western and Chapin Streets in the City of South Bend. <br /> The State of Indiana grant funds were defined to be awarded for the project in four(4) payment tranches <br /> of$500,000, the first in July of 2010, with the remaining three(3) in fiscal 2011. <br /> This bill, will appropriate, the remaining $1,500,000, of the State of Indiana Grant funds to the Kroc <br /> Center project, for receipt from the State of Indiana, and pass through to the Salvation Army, during fiscal <br /> 2011. <br /> Funds will be received from the State of Indiana, and upon receipt will be disbursed to the Salvation <br /> Army, in accordance with the stipulations of the State of Indiana Grant. <br /> Funds will be received in Fund 210, State Grant, and will be disbursed from the same fund. Payment <br /> tranches from the State of Indiana will be in increments of$500,000, receipted by the City of South Bend <br /> and disbursed to the Salvation Army in$500,000 tranches,following receipt of funds. <br /> This bill is presented to Council for first read at the February 28 meeting, committee meeting, 2Ra read, P <br /> read and Council vote on March 14, 2011. <br /> Controller Zientara will present this bill to Council at the committee meeting and at the Council session. <br /> Regard , F110d in Glory's f ff�Ce <br /> FE <br /> Gregg i ara �t 3 a <br /> cc: Stephen J. Luecke, Mayor of the City of South Bend JQHN VQORpE <br /> Jeff Gibney CITY CLERK,SOM IIIEND,IN <br /> County-City Building 227 West Jefferson Boulevard South Bend,Indiana 46601-1830 <br /> Phone: 574/235-92I6 Fax; 5741235-9928 T'DD: 5741235-5567 <br />
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