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CITY OF SOUTH BEND <br />South Bend, Indiana 46601 <br />Jerry J. Miller <br />Mayor <br />Rollin E. Farrand, Sr., P. E. <br />Director, Public Works <br />Members of the Common Council <br />4th Floor, County -City Building <br />South Bend, Indiana <br />Gentlemen: <br />Reply To: Department <br />of Public Works <br />December 11, 1974 <br />There will be presented for your consideration on December 16, 1974 for <br />first reading an ordinance appropriating the sum of $100,000.00 to line <br />item 260.0 "Contractual Services" of the Cumulative Capital Improvement <br />Fund. <br />Through this action the City is providing a payment vehicle for the loan <br />received from the Department of Natural Resources for the rehabilitation <br />of the South Bend Dam. <br />It is felt that because CCIF will be used for the re- payment of this loan <br />over a 10 year period, to present the best audit trial the principle of <br />the loan should be appropriated to and disbursed from the same fund. <br />If further explanation is necessary I will be glad to speak with any of <br />you gentlemen. <br />Respectfully submitted, <br />Michael L. Vance, Fiscal Officer <br />Department of Public Works <br />MLV /mkm <br />