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additions which have been under consideration for some time, and on the basis of the lowest and best bids received
<br />and estimates of other expenses made by the consulting engineers, the total cost of said extensions and additions
<br />including all incidental expenses to be incurred in connection therewith, has been determined to be One Million
<br />Nine Hundred Forty Thousand Dollars ($1,940,000.00), itemized as follows:
<br />Contract
<br />No.
<br />DESCRIPTION..
<br />AMOUNT
<br />1 and 2
<br />Remodeling and improving present facilities at the Oliver Park Pumping
<br />$236,671.94
<br />Station and construction of an addition thereto
<br />3
<br />Pinhook Park and Airport area wells and pumping units
<br />$136,802.00
<br />4
<br />Chlorination, well controls and metering equipment, Pinhook
<br />Park and Airport areas
<br />$116,876.00
<br />5
<br />Ironwood Drive reservoir
<br />$209,920.00
<br />6
<br />Feeder Water main,-13,600 feet, from Riverside Drive, Pinhook Park Area
<br />$407,948.59
<br />7
<br />Feeder water main from Airport area, 15,700 feet
<br />$203,017.26
<br />8
<br />Distribution water main, 11,500 feet, from Mishawaka Avenue and Logan
<br />Street to Edison Road and Manchester Drive
<br />$110,042.40
<br />9
<br />Distribution water main, 12,400 feet in length, from Ireland Road
<br />and York Drive to Ironwood Drive and Ewing Avenue
<br />$134,238.21
<br />10
<br />Distribution water main, 7,500 feet, from Pinhook Park area to
<br />Lilac Road and Darden Road
<br />$ 59,754.38
<br />Engineering
<br />$174,313.13
<br />Contingencies
<br />$139,540.33
<br />Land Acquisition $ 20,000.00
<br />Public Service Commission Fees and Costs, Legal Fees, Accounting Fees,
<br />Bond Printing, Preparation of Official Statement, and Miscellaneous
<br />Expense 1 $ 50,875.76
<br />TOTAL PROJECT COST $1,940,000.00
<br />and
<br />WHEREAS, in order to finance said extensions and additions it will be necessary to issue.revenue bonds in
<br />the amount of One Million Nine Hundred Forty Thousand Dollars ($1,940,000.00), payable out of the revenues of the
<br />municipality owned waterworks system; and
<br />WHEREAS, in order to provide sufficient funds to pay the cost of operation and maintenance of the water-
<br />works, provide for reasonable depreciation, and the payment of said bonds and the interest thereon, it will be,
<br />necessary to increase the rates and charges for water service; and
<br />WHEREAS, George Sands, Attorney of South Bend, Indiana, has been employed by this Board to act as special
<br />counsel in connection with the issuance of said bonds and Ross, McCord,wIce and Miller, bond counsel of Indianapolis,
<br />has been employed by this Board to act as bond counsel, and said special counsel has prepared for consideration
<br />by this Board and the Common Council.suggested forms for the bond ordinance and rate ordinance based upon date
<br />furnished by the consulting engineers and utility accountants employed by the Board, which ordinances have been
<br />approved by said bond counsel and duly considered by this Board and found satisfactory; and
<br />WHEREAS, the bids for the construction of said extensions and additions have been accepted subject to
<br />authorization by the Common Council for the issuance of the required amount of revenue bonds and the necessary
<br />increase in the water rates and charges, and further subject to approval of the Public Service Commission for the
<br />issuance of said bonds and the putting into effect of a new schedule of water rates and charges, making it necessary
<br />that prompt action,be taken; now therefore,
<br />BE IT RESOLVED BY THE BOARD OF PUBLIC WORKS AND SAFETY OF THE CITY OF SOUTH BEND, INDIANA:
<br />1. That this Board request the Common Council of the City of South Bend to authorize the Issuance of
<br />waterworks revenue bonds in the amount of One Million Nine Hundred Forty Thousand Dollars ($1,940,000.00), on the
<br />terms and conditions set out in the form of bond ordinance presented at this meeting.
<br />2. That this Board requests the Common Council to authorize a new schedule of rates and charges for
<br />water service on the basis of the rates and charges set out in the form of rate ordinance presented to this meeting.
<br />3. That the Clerk of the Board be and he is hereby directed to file a certified copy of this resolution
<br />with the City Clerk for presentation to the Common Council. as soon as may be done.
<br />4. That in the event the Council shall authorize the issuance of said revenue bonds and said increase
<br />in water rates, then a petition shall be filed with the Public Service Commission of Indiana requesting approval
<br />for the issuance of said bonds and for putting into effect the new schedule of water rates and charges, which
<br />petition shall be approved by the City Attorney and said bond counsel.
<br />Adopted this 9 day of May, 1960.
<br />/s/ Irving J. Smith
<br />/s/ Raymond S. Andrysiak
<br />/s/ Frank J. Bruggner
<br />Board of Public Works and Safety
<br />Attest:
<br />/s/ Anthony J. Sabo
<br />Clerk, Board of Public Works and Safety
<br />CERTIFICATE OF CLERK
<br />OF
<br />BOARD OF PUBLIC WORKS AND SAFETY
<br />I, Anthony J. Sabo, the duly appointed, qualified and acting Clerk of the Board of Public Works and
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