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HomeMy WebLinkAboutRESOLUTIONS-2015-087-R-15P 8/31 /2015 87-11-15 A RESOLUTION Authorizing the City of Evanston City Manager to Amend the Fiscal Year 2015 Budget for the Dempster/Dodge TIF Fund by $2,000,000, to a New Total of $2,000,000. WHEREAS, a total Dempster/Dodge TIF budget amendment for two million dollars ($2,000,000) is required due to rehabilitation costs associated with Evanston Plaza. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS: SECTION 1: That the foregoing recitals are hereby found as fact and made a part hereof. SECTION 2: That the Council authorize the Fiscal Year 2015 Dempster/Dodge TIF Fund budget be increased two million dollars ($2,000,000) to two million dollars ($2,000,000). SECTION 3: That approval of this resolution shall authorize the City Manager to expend and/or encumber up to two million dollars ($2,000,000) for Fiscal Year 2015 for Dempster/Dodge TIF Fund. SECTION 4: That this Resolution shall be in full force and effect from and after the date of its passage and approval in the manner provided by law. 87-R-15 Eli eth B. Tisdahl, Mayor Att Rodney Gr ne, City Clerk Adopted: 2015 —2