HomeMy WebLinkAbout2000-R-03RESOLUTION NO. 2000- ,-~
RESOLUTION AUTHORIZING JEFFERSONVILLE
REDEVELOPMENT COMMISSION TO BORROW FUNDS FROM
THE JEFFERSONVILLE MUNICIPAL SEWER FUND
WHEREAS, it has become necessary for the Jeffersonville Department
of Redevelopment to borrow money from the Jeffersonvi!le Municipal Sewer
Fund for the purpose of purchasing blighted residences located in the 300
block of Pearl Street; and
WHEREAS, Indiana Code 36-1-8-4 authorizes temporary loans from
municipal utilities; and
WHEREAS, there is now within the Jeffersonville Municipal Sewer
Fund sufficient moneys to allow this loan;
NOW THEREFORE, BE IT HEREBY RESOLVED that the
Board of Public Works and Safety hereby approves and authorizes the
Jeffersonville Redevelopment Commission to borrow up to $100,000.00 from
the Jeffersonville Municipal Sewer Fund for the purpose of purchasing blighted
residences located in the 300 block of Pearl Street.
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Adopted this /~/ day of February, 2000.
JEFFERSONVILLE BOARD OF PUBLIC
WORKS & FETY
'gan, ~Mayo~r
Bob Goldman, Member
Bob Miller, Member
ATTEST:
Peggy '~'O~Sr, Clerk/Treasurer