Proposed Legacy Fund Committee To Be Discussed Tonight

By Ian Hoover- 21Alive

Credit: Rachel Martin - 21Alive

Proposed Legacy Fund Committee To Be Discussed Tonight

August 19, 2014 Updated Aug 19, 2014 at 8:19 AM EST

FORT WAYNE, Ind. (21Alive) -- Tonight's City Council meeting will see discussion over a resolution that, if passed, will create a new committee to review Legacy spending.

The Mayor announced the proposal earlier this month on August 6th and the resolution was formally introduced at last week's City Council meeting. The proposed committee would comprise of three members of Mayor Henry's administration, two members of City Council, and two citizen members (one selected by the mayor and the other by City Council).

The fund is used to invest in projects that are designed to bolster the community. At the end of 2013, there was $51.7 million available in the fund. Legacy funds come from the City Light Lease settlement reached between the City of Fort Wayne and Indiana Michigan power, and also come from the Fort Wayne Community trust.

Voting on the resolution is expected to take place next week.




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