Ordinance_2011-5��
ORDINAI�TCE 2011-5
AN ORDINANCE AMENDING ORDINANCE 2006-5
AUTHORZING A LOAN FOR G[BSON COU\TY. IiVD1ANA
FOR CONSTRUCTION OF A �VORK RELEASE CENTER
Instrunent
20120DUA0555
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WHEREAS, the County Council of Gibson County, Indiana, on August 3, 2006, adopted
Ordinance 2006-�, which a�ould authorize a loan in order to further the construction of a ne�v
�4'ork Release Center for Gibson County, Indiana; and
V1'HEREAS; in Section 4, - The payment of said bonds shall be made from the Gibson
Counry Corrections Fund, and if said funds are inadequate to make said payment, the balance
thereof shall come from the Economic Development [ncome Tax Fund for Gibson County; and
WHEREAS, the Gibson County Council has determined it is in the best interests of the
County to authorize ihat Ordinance 2006-5 be amended to read in Seciion 4;"The pa}�rnent of
said bonds shall be made from the Gibson County Corrections Fund, and if said funds are
inadequate to make said payment, the balance thereof shall come from the Economic
Development Income Tax Fund and/or Rainv Day Fund for Gibson County.
Ty � u�`+'
APPROVED A\�D ADOPTED by the Gibson County Council this 12 day of Aag�st,
2011.
ATTEST
BY: C.�•�
C.T. Monteome uditor
GIBSON COUNTY COiI�'C[L
BY• (�.
' : rge Ankenbrand, sident
2012R09D0555
Filed far Record in
GIBSON COUNTYr INDIANA,
DEBBIE S WE7HIH6TONr RECORDER
02-02-2�12 At 0E=16�48 an•
COUNTY ORD , •�
201290DOOSSS
AUDITOR GIBSOH COUNTY