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To free a liability in the Offstreet Parking Revenue Bonds Fund to the General Fund of the City
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To free a liability in the Offstreet Parking Revenue Bonds Fund to the General Fund of the City
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
5/23/1977
Ord-Res Number
561-77
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Peter H. Mullen <br />Director, Administration and <br />Finance <br />CITY of SOUTH BEND rn <br />LU <br />PETER J. NEMETH, Mayor <br />COUNTY-CITY BUILDING SOUTH BEND, INDIANA 46601 <br />Members of the Common Council <br />4th Floor Council Chambers <br />County City Building <br />South Bend, Indiana <br />Dear Council Members: <br />May 18, 1977 <br />I am presenting for your consideration at the May 23, 1977 <br />Council Meeting, a resolution which if passed would enhance <br />the financial position of the parking garages. <br />Each year the City of South Bend is required to have an <br />indeDendent audit performed on the parking system by the <br />terms of the off-Street Parking Bonds. Since 1972 there <br />has appeared an ever increasing payable to the General Fund <br />of the City of South Bend by the Parking Meter Fund, because <br />of the practice of charging the meter maid salaries and <br />fringes back to the Parking Meter Fund. <br />219/284-9742 <br />It is the practice of the city to budget these salaries and <br />fringes through the Police Department. This seems reasonable <br />since meter maids provide traffic control as a large part of <br />their job assignments. <br />If this resolution is passed, we would discontinue the practice <br />of budgeting these salaries in the Parking Meter Fund, and <br />therefore would not incur further liabilities against the <br />Off-Street Parking Bonds assets. <br />If you have further questions concernin(�-this resolution, <br />please feel free to contact me. <br />ely, <br />Aete� Mullen <br />Conti�oller <br />
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