FORT WAYNE, Ind. (WANE) — Vincent Village has already raised more than $10 million for their new $15 million facility, and on Tuesday night, they bridged the gap. "This is a really great day ... it really puts us over the line to build this tremendous transformational project," said John Christensen, Board Chair for Vincent Village. Fort Wayne City Council authorized $2 million of legacy funds for the project. A rendering of the new complex The new facility will give the organization new office space, but most importantly, a brand new transition shelter for the people they serve. "We are in facilities that were never designed to do what we need them to be able to do," Christensen said. "So being able to create a home for these individual families that is designed to help them, to be catering to everyone on their needs, that's what warms our hearts." The $2 million was widely lauded as a great move by City Council, but 4th District Councilman Nathan Hartman proposed splitting the funds in half, giving $1 million now and $1 million later. While it would come to the same amount, his concerns rest with draining the fund too quickly and not giving it time to replenish. Another rendering of the new project. "My role in this is to make sure I am a good steward of these funds, that these funds are around for future generations," Hartman said. "Right now [as] it stands, we have $41 million available in legacy funds, but if you remove restricted funds, it brings us down to about $34 million, which gets us closer to the lowest corpus that we want to withhold." It's helpful to think of legacy funds like a university's endowment. It's a large sum that grows organically from market investment. You never want to take from the original sum (what Hartman and other members would call the corpus), it's more ideal to just take what the sum grows so you never run out of money. 2nd District Councilman Russ Jehl puts it simply. "It's trust or bust," Jehl said. He agrees with Hartman's sentiment but feels that City Council has been very prudent in spending legacy dollars, and that Tuesday's $2 million expenditure won't break the bank. "From the beginning, there was a temptation to overspend legacy, and that temptation is very strong now that the annual annuity has dried up," Jehl said. "Council has made sure that we enter this new normal in a good place and we have the ability to treat it as a trust. I will support that going forward, to limit our expenditures so that it continues to regenerate."