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Establishing a new account within the 1973 budget for the City of South Bend. Fireman's Pension Fund Account No. Y350
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Establishing a new account within the 1973 budget for the City of South Bend. Fireman's Pension Fund Account No. Y350
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
3/12/1973
Ord-Res Number
354-73
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t <br /> RESOLUTION NO. 7 3 <br /> A RESOLUTION ESTABLISHING A NEW ACCOUNT WITHIN THE 1973 <br /> BUDGET FOR THE CITY OF SOUTH BEND. FIREMEN'S PENSION FUND <br /> ACCOUNT NO. Y530, "AWARDS, REFUNDS, AND INDEMNITIES", AND <br /> TRANSFERING IN THE AMOUNT OF $4,244.00 FROM ACCOUNT Y532, <br /> "PENSIONS TO FIREMEN BECOMING ELIGIBLE DURING THE YEAR", <br /> WITH AMOUNTS BEING PAYABLE WITHIN THE FIREMEN'S PENSION <br /> FUND. <br /> WHEREAS, certain extraordinary conditions have developed since <br /> the adoption of the existing annual budget so that it is now necessary to <br /> establish a new account within the Firemen's Pension Fund in order to meet <br /> such extraordinary conditions; and <br /> WHEREAS, funds are needed for the Firemen' s Pension Fund <br /> Account No. Y530, "Awards, Refunds, and Indemmities", to assure that office's <br /> ability to properly perform its functions; and <br /> WHEREAS, a surplus exists in Firemen's Pension Fund Account No. Y532, <br /> "Pensions for firemen becoming eligible during the year", and this surplus is <br /> not presently needed; <br /> NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City <br /> of South Bend, Indiana: <br /> SECTION I. That a new Account No. Y530, "Awards, Refunds, and <br /> Indemnities", will be established in the Firemen's Pension Fund and that <br /> $4,244.00 be transfered from Firemen's Pension Fund Account No. Y532, <br /> "Pensions to firemen becoming eligible during the year", to this new account. <br /> SECTION II. This resolution shall be in full force and effect <br /> from and after its passage by the Common Council and its approval by the <br /> Mayor. <br /> Memb r f the Coon Counci <br /> FILED IN CLERK'S OFFICE <br /> MAR 7 1973 <br /> PRESENTED �,3 Irene Gammon <br /> NOT APPROVED CITY CLERK, SOUTH BEND, IND. <br /> ADOPTED .3 - a- -7 3 <br />
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