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AN ORDINANCE AUTHORIZING AN ADDITIONAL APPROPRIATION OF PROCEEDS OF BONDS AND ANY INVESTMENT EARNINGS THEREON

This Ordinance appropriates the proceeds of, and any investment earnings from, the City of Bloomington, Indiana Redevelopment District Tax Increment Revenue Bonds of 2015 for the purpose of: (1) promoting community sustainability and reuse; (2) creating and improving public amenities, such as parks, with community wide benefit, (3) developing additional affordable housing within the Consolidated Economic Development Area, (4) improving transportation infrastructure, especially non-automobile transportation infrastructure, and (5) continuing the development of the City’s urban core.

Amends CodeNo
Committee 2015-04-06 8-0-1
Final 2015-05-20 Passed 8-0 (Sandberg absent)
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