Sec. 31. (a) The board of managers shall prepare a budget for each calendar year governing the projected operating expenses, the estimated income, and reasonable reserves. It shall submit that budget for review, approval, or addition to the city legislative body.
(b) The board of managers may not make expenditures except as provided in the approved budget, and all additional expenditures are subject to approval by the city legislative body.
(c) Payments to the users of the convention center or a part of it that constitute a contractual share of box office receipts are not considered an operating expense or an expenditure within the meaning of this section, and the board of managers may make those payments without approval of the city executive or of the city legislative body.
As added by Acts 1982, P.L.218, SEC.4.
Structure Indiana Code
Article 10. Recreation, Culture, and Community Facilities
Chapter 10. Civic Center Building Authority in South Bend or Mishawaka
36-10-10-1. Application of Chapter
36-10-10-3. Creation; Procedure
36-10-10-4. Board; Members; Appointment; Terms; Vacancies; Oath
36-10-10-5. Board; Members; Removal; Procedure
36-10-10-6. Board; Organizational Meeting; Officers; Annual Reorganization Meeting
36-10-10-7. Board; Bylaws; Meetings; Quorum; Approval of Actions; Reimbursement of Expenses
36-10-10-8. Directors; Conflicts of Interest
36-10-10-9. Preliminary Expenses; Payment; Reimbursement
36-10-10-12. Lease; Payment of Rental; Approval
36-10-10-13. Lease; Notice and Hearing; Authorization; Execution
36-10-10-15. Lease; Action to Contest Validity or Enjoin Performance; Limitation
36-10-10-17. Lease; Approval of Plans, Specifications, and Estimates
36-10-10-18. Sale or Lease of Land by City to Authority
36-10-10-19. Revenue Bonds; Issuance; Resolution
36-10-10-20. Revenue Bonds; Execution; Sale; Authority to Issue Refunding Bonds
36-10-10-21. Bonds; Application of Proceeds; Lien
36-10-10-22. Bonds; Trust Indenture
36-10-10-23. Tax Levy by City to Pay Lease Rental
36-10-10-26. Liquidation; Procedure
36-10-10-27. Construction of Addition to Convention Center by City; Law Applicable; Financing
36-10-10-28. Additions to Convention Center; Party Wall Agreements
36-10-10-29. Civic Center Board of Managers; Creation; Duties; Organization
36-10-10-30. Board of Managers; Powers
36-10-10-31. Board of Managers; Preparation and Approval of Annual Budget; Approval of Expenditures
36-10-10-32. Board of Managers; Controller and Assistant Controller; Duties