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For additional appropriation in Account B-64
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For additional appropriation in Account B-64
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5/15/2017 2:56:08 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
11/8/1971
Ord-Res Number
291-71
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RESOLUTION NO . 291-71 <br /> A RESOLUTION FOR AN ADDITIONAL APPROPRIATION IN <br /> ACCOUNT B-64 , 11EMPLOYEES ' GROUP INSURANCE" , IN <br /> THE BUDGET OF THE CITY CONTROLLER IN THE AMOUNT <br /> OF $10 ,000 .00 , AND THE TRANSFER OF SAID SUM FROM <br /> ACCOUNT B-63, "RETIREMENT" , BOTH ACCOUNTS BEING <br /> IN THE SAME CATEGORY IN THE GENERAL FUND. <br /> WHEREAS, certain extraordinary conditions have developed <br /> since the adoption of the existing annual budget , so that it is now <br /> necessary to appropriate more money than was appropriated in the <br /> annual budget for the various functions of City Government to meet <br /> such extraordinary conditions ; and <br /> WHEREAS , additional funds for Account B-64 , "Employees ' <br /> Group Insurance" , in the Office of City Controller, are needed to <br /> pay the increased costs of group hospitalization insurance premiums <br /> and to assure the department ' s ability to properly perform its <br /> functions ; and <br /> WHEREAS , a surplus exists in another account where it is <br /> not needed presently and more specifically as follows , to-wit : <br /> $10 ,000 .00 in Account B-63, designated as "Retirement" . <br /> NOW, THEREFORE, BE IT RESOLVED by the Common Council of <br /> the City of South Bend, Indiana: <br /> SECTION I . That the sum of $10 ,000 .00 be transferred <br /> from Account B-63, "Retirement" , to Account B-64 , "Employees ' Group <br /> Insurance" , both of said accounts in the City Controller's budget <br /> being in the same category and in the General Fund. <br /> s� <br /> Member of the Common Council <br /> FILED IN CLERK'S OFFICE <br /> NOV 4 1971 <br /> KATHRYN L. BLOUGH <br /> 1st & 2nd READING 11-8-71 CITY CLERK, SOUTH BEND, IND. <br /> COMMITTEE OF THE WHOLE <br /> PUBLIC HEARING 11-8-71 <br /> 3rd READING <br /> NOT APPROVED <br /> REFERRED <br /> PASSED 11-8-71 <br />
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